OPEC

The Western rush to replace oil has Gulf producers laughing all the way to the bank.

After 60 years, the organization is struggling to weather the pandemic and peak oil—but there is a way forward.

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

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.

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

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

Despite a brief recovery in oil, experts say there is still no deal to cut production and boost prices.

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.

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

The oil price collapse has sent shockwaves through financial markets. But the geopolitical earthquake could reach even farther.

Questions remain whether other oil exporters will join the pact to slash output—and if that will be enough to push up crude prices.

Congress should pass NOPEC to give America a fighting chance against oil cartels.

This week’s OPEC meeting could cement closer cooperation between Russia and Saudi Arabia.

The U.S. is now the world’s top producer, but Saudi Arabia still holds the key to crude prices.

And draws a rare laugh from world leaders while boasting of his accomplishments.

Trump appears to favor the idea, but oil producers are already pumping flat out.

Global oil markets are controlled by Russia and Saudi Arabia — despite America’s shale boom.

The oil cartel vowed to add 1 million barrels a day to markets. It won’t add quite that much.