The 2025 annual OPEC oil price stood at ***** U.S. dollars per barrel, as of May. This would be lower than the 2024 average, which amounted to ***** U.S. dollars. The abbreviation OPEC stands for Organization of the Petroleum Exporting Countries and includes Algeria, Angola, Congo, Equatorial Guinea, Gabon, Iraq, Iran, Kuwait, Libya, Nigeria, Saudi Arabia, Venezuela, and the United Arab Emirates. The aim of the OPEC is to coordinate the oil policies of its member states. It was founded in 1960 in Baghdad, Iraq. The OPEC Reference Basket The OPEC crude oil price is defined by the price of the so-called OPEC (Reference) basket. This basket is an average of prices of the various petroleum blends that are produced by the OPEC members. Some of these oil blends are, for example: Saharan Blend from Algeria, Basra Light from Iraq, Arab Light from Saudi Arabia, BCF 17 from Venezuela, et cetera. By increasing and decreasing its oil production, OPEC tries to keep the price between a given maxima and minima. Benchmark crude oil The OPEC basket is one of the most important benchmarks for crude oil prices worldwide. Other significant benchmarks are UK Brent, West Texas Intermediate (WTI), and Dubai Crude (Fateh). Because there are many types and grades of oil, such benchmarks are indispensable for referencing them on the global oil market. The 2025 fall in prices was the result of weakened demand outlooks exacerbated by extensive U.S. trade tariffs.

Tidelands Oil & Gas market cap as of June 30, 2025 is $0B. Tidelands Oil & Gas market cap history and chart from 1970 to 1969. Market capitalization (or market value) is the most commonly used method of measuring the size of a publicly traded company and is calculated by multiplying the current stock price by the number of shares outstanding.

ABSTRACT This paper builds on the theory of regulation developed by Stigler and Peltzman. According to these authors, a regulator chooses his/her strategy seeking to maximize political support from consumers and producers, viewing welfare and efficiency as secondary issues. This process determines a regulated price that is between the competitive and monopolistic levels. Our paper develops a modified version of Peltzman’s model by considering the idea that the regulator’s behaviour might change with the proximity of elections. The addition of a timing dimension to the problem and its implication for consumers, producers and the regulator’s behavior suggest that the optimal strategy now implies in a price cycle in regulated industries. The regulator has incentives to impose higher prices when elections are relatively far ahead and lower (real) prices in periods that immediately precede an important election. We show that the Brazilian gasoline market between 1969-1984 supports our results.

Japan Import Price Index: Yen: Petroleum, Coal and Natural Gas data was reported at 81.900 1990=100 in Nov 1997. This records an increase from the previous number of 78.300 1990=100 for Oct 1997. Japan Import Price Index: Yen: Petroleum, Coal and Natural Gas data is updated monthly, averaging 80.700 1990=100 from Jan 1965 (Median) to Nov 1997, with 395 observations. The data reached an all-time high of 254.100 1990=100 in Oct 1982 and a record low of 23.400 1990=100 in Oct 1969. Japan Import Price Index: Yen: Petroleum, Coal and Natural Gas data remains active status in CEIC and is reported by Bank of Japan. The data is categorized under Global Database’s Japan – Table JP.I281: Import Price Index: 1990=100.

Japan Import Price Index: JB: Petroleum, Coal & Natural Gas data was reported at 177.200 2005=100 in May 2012. This records a decrease from the previous number of 186.100 2005=100 for Apr 2012. Japan Import Price Index: JB: Petroleum, Coal & Natural Gas data is updated monthly, averaging 54.800 2005=100 from Jan 1960 (Median) to May 2012, with 629 observations. The data reached an all-time high of 248.800 2005=100 in Aug 2008 and a record low of 14.900 2005=100 in Oct 1969. Japan Import Price Index: JB: Petroleum, Coal & Natural Gas data remains active status in CEIC and is reported by Bank of Japan. The data is categorized under Global Database’s Japan – Table JP.I249: Import Price Index: 2005=100: JPY Basis: Petroleum, Coal and Natural Gas.

South Korea PPI: Propane gas data was reported at 169.660 2020=100 in Mar 2025. This stayed constant from the previous number of 169.660 2020=100 for Feb 2025. South Korea PPI: Propane gas data is updated monthly, averaging 53.030 2020=100 from Jan 1965 (Median) to Mar 2025, with 723 observations. The data reached an all-time high of 189.250 2020=100 in Jun 2022 and a record low of 1.630 2020=100 in Jan 1969. South Korea PPI: Propane gas data remains active status in CEIC and is reported by The Bank of Korea. The data is categorized under Global Database’s South Korea – Table KR.I045: Producer Price Index: 2020=100.

Japan Import Price Index: Yen: Petroleum, Coal and Natural Gas (PG) data was reported at 182.500 1995=100 in Nov 2002. This records a decrease from the previous number of 183.400 1995=100 for Oct 2002. Japan Import Price Index: Yen: Petroleum, Coal and Natural Gas (PG) data is updated monthly, averaging 135.000 1995=100 from Jan 1960 (Median) to Nov 2002, with 515 observations. The data reached an all-time high of 441.900 1995=100 in Oct 1982 and a record low of 40.700 1995=100 in Oct 1969. Japan Import Price Index: Yen: Petroleum, Coal and Natural Gas (PG) data remains active status in CEIC and is reported by Bank of Japan. The data is categorized under Global Database’s Japan – Table JP.I279: Import Price Index: 1995=100.

Energy Consumption: Natural Gas: Gross Calorific Value data was reported at 698.059 TOE th in 2016. This records an increase from the previous number of 663.781 TOE th for 2015. Energy Consumption: Natural Gas: Gross Calorific Value data is updated yearly, averaging 364.000 TOE th from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 750.262 TOE th in 2010 and a record low of 0.000 TOE th in 1969. Energy Consumption: Natural Gas: Gross Calorific Value data remains active status in CEIC and is reported by The Portal of Statistics of Luxembourg. The data is categorized under Global Database’s Luxembourg – Table LU.RB001: Energy Consumption: by Type.

Netherlands GDP: Chain Linked 2005p: Annual: GVA: ID: Electricity and Gas Supply data was reported at 6,853.000 EUR mn in 2012. This records a decrease from the previous number of 6,991.000 EUR mn for 2011. Netherlands GDP: Chain Linked 2005p: Annual: GVA: ID: Electricity and Gas Supply data is updated yearly, averaging 5,096.000 EUR mn from Dec 1969 (Median) to 2012, with 44 observations. The data reached an all-time high of 7,435.000 EUR mn in 2010 and a record low of 3,445.000 EUR mn in 1969. Netherlands GDP: Chain Linked 2005p: Annual: GVA: ID: Electricity and Gas Supply data remains active status in CEIC and is reported by Statistics Netherlands. The data is categorized under Global Database’s Netherlands – Table NL.A056: ESA 1995: GDP: by Industry: Chain Linked 2005 Price.

South Korea PPI: MI: CP: RP: Liquefied Petroleum Gas data was reported at 171.360 2020=100 in Mar 2025. This stayed constant from the previous number of 171.360 2020=100 for Feb 2025. South Korea PPI: MI: CP: RP: Liquefied Petroleum Gas data is updated monthly, averaging 55.620 2020=100 from Jan 1965 (Median) to Mar 2025, with 723 observations. The data reached an all-time high of 189.890 2020=100 in Jun 2022 and a record low of 1.310 2020=100 in Jan 1969. South Korea PPI: MI: CP: RP: Liquefied Petroleum Gas data remains active status in CEIC and is reported by The Bank of Korea. The data is categorized under Global Database’s South Korea – Table KR.I045: Producer Price Index: 2020=100.