Climate Policies Could Hand Power and Profits Back to OPEC
The Western rush to replace oil has Gulf producers laughing all the way to the bank.
Is OPEC Over?
After 60 years, the organization is struggling to weather the pandemic and peak oil—but there is a way forward.
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.
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.
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.
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.
Trump Talks Up Oil Markets, but the Economy Is Still Tanking
Despite a brief recovery in oil, experts say there is still no deal to cut production and boost prices.
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.
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.
Why This Oil Crash Is Different
The oil price collapse has sent shockwaves through financial markets. But the geopolitical earthquake could reach even farther.
OPEC Tries to Forestall a Coronavirus Oil Collapse
Questions remain whether other oil exporters will join the pact to slash output—and if that will be enough to push up crude prices.
The United States’ Antitrust Laws Can’t Match Saudi Aramco
Congress should pass NOPEC to give America a fighting chance against oil cartels.
Are Putin and Mohammed bin Salman Getting Ready for Another High-Five?
This week’s OPEC meeting could cement closer cooperation between Russia and Saudi Arabia.
Why American Oil Hasn’t Been a Total Game-Changer
The U.S. is now the world’s top producer, but Saudi Arabia still holds the key to crude prices.
Trump Takes Aim at Iran, China, and the Global System in Big U.N. Speech
And draws a rare laugh from world leaders while boasting of his accomplishments.
Proposed Law Would Allow U.S. to Sue OPEC for Manipulating Oil Market
Trump appears to favor the idea, but oil producers are already pumping flat out.
This Isn’t Your Father’s OPEC Anymore
Global oil markets are controlled by Russia and Saudi Arabia — despite America’s shale boom.
OPEC Agrees to Boost Oil Output
The oil cartel vowed to add 1 million barrels a day to markets. It won’t add quite that much.