Oil

U.S. President Donald Trump and Chinese Vice Premier Liu He at the signing ceremony for the U.S.-Chinese trade agreement at the White House in Washington on Jan. 15.

Trump’s China Trade Deal Is as Dead as Can Be

His much-touted trade victory has crashed and burned with the coronavirus pandemic.

An excavator loads a truck with oil sands.

Albertan Officials Are Using Orwellian Methods to Protect Oil and Gas

As its energy industry comes under threat, the oil-rich province is taking aim at environmental activists.

Environmental activists rally for accountability for fossil fuel companies outside of New York Supreme Court on Oct. 22, 2019 in New York City.

Oil Price Crash Revives Fossil Fuel Divestment Campaigns

Climate activists say this is the moment for colleges and major institutions to dump their investments.

Indian Prime Minister Narendra Modi (right) arrives with Saudi Crown Prince Mohammed bin Salman prior to a meeting  in New Delhi on Feb. 20, 2019.

Why Gulf States Are Backtracking on India

Islamophobia is undoing years of New Delhi’s diplomatic gains in the Middle East.

Saudi Crown Prince Mohammed bin Salman arrives at the Future Investment Initiative conference in Riyadh on Oct. 24, 2018.

The 2020 Oil Crash’s Unlikely Winner: Saudi Arabia

It’s a year of carnage for oil nations. But at least one will emerge from the pandemic both economically and geopolitically stronger.

The Chinese People's Liberation Army (PLA) Navy aircraft carrier Liaoning participates in a naval parade to commemorate the 70th anniversary of the founding of China's PLA Navy in the sea near Qingdao in eastern China's Shandong province, on April 23, 2019.

U.S. Naval Standoff With China Fails to Reassure Regional Allies

The tense encounter around a Malaysian drillship drew in five navies.

A trader at the Dubai Stock Exchange in the United Arab Emirates.

The Coronavirus Oil Shock Is Just Getting Started

The pandemic is causing crisis for energy-producing governments around the world—and could change the global economy forever.

An aerial view shows an oil pumpjack at the Huntington Beach oil fields in California on April 20.

Oil Price Nosedive Continues as Trump’s Deal Fails to Deliver

The impact of the coronavirus sends markets into an unprecedented slump, with no end in sight.

Protesters man a barricade in support of the Wet'suwet'en hereditary chiefs and the Tyendinaga Mohawks

The Pandemic Is Slicing Away Indigenous Sovereignty in Canada

The Wet’suwet’en ended pipeline protests for safety’s sake, but the police aren’t following the rules.

An oil well in the northeastern Syrian town of Malikiyah

OPEC and Russia Parry Mexico to Ink Historic Deal to Slash Oil Output

But even the unprecedented agreement ultimately reached Sunday shows there is no easy way to halt the rapid collapse in global oil demand due to the coronavirus pandemic.

Russian President Vladimir Putin (left) looks over at Saudi Crown Prince Mohammed bin Salman as they line up for the family photo during the opening day of the G-20 Leaders' Summit at Costa Salguero in Buenos Aires on Nov. 30, 2018.

Russia Is Losing the Oil War—and the Middle East

Moscow spent years building influence in the region—and lost it all playing hardball with Riyadh.

Leaders including Russian President Vladimir Putin, U.S. President Donald Trump, and Saudi Crown Prince Mohammed bin Salman meet at the G-20 summit in Buenos Aires on Nov. 30, 2018.

5 Reasons Why a Global Agreement to Prop Up Oil Prices Won’t Work

Even if the United States, Saudi Arabia, and Russia make a historic show of cooperation, any respite for the oil industry will be short-lived.

An oil worker surveys pipelines in the Permian Basin in Midland, Texas, on May 4, 2018.

Amid Price War, Texas Oil Patch Is Coming Up Empty

Thousands of workers wonder if the coronavirus shutdown will be the worst oil bust of all.

U.S. President Donald Trump

Trump’s Promised Oil Deal Still Eludes Big Producers as Prices Dive Again

But Saudi Arabia and Russia appear to be thinking twice about their oil war as their economies start to feel the pain.

Pump jacks draw crude oil in California

Is the U.S. Also to Blame in the Oil Price War?

Congress is accusing Saudi Arabia and Russia of waging “economic warfare” on the United States. But companies in the United States, the biggest oil producer in the world, aren’t slowing down yet.

Saudi Crown Prince Mohammed bin Salman, left, and Russian President Vladimir Putin

No End in Sight to the Oil Price War Between Russia and Saudi Arabia

Riyadh and Moscow are both betting they can win a global game of chicken over production.

Algerians protest against former President Abdelaziz Bouteflika's bid for a fifth term in power, in Algiers on Mar. 1, 2019.

Demise of the Petrostates

The oil price crash is an existential threat to petrostates from Nigeria to Iran, where governments rely on oil wealth to stabilize power and pay off competing interests.

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