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Oil Slumps Despite OPEC-Plus Production Cuts as Trump Tariffs Batter China
After a two-week rally, oil prices fell more than 2 percent Jan. 14 as gloomy trade data from China deflated investor expectations for future demand. Brent Crude, the world’s leading ...
January 14, 2019
BY
Petr Svab
OPEC Output Falls Most in Almost 2 Years as Saudi Cuts Begin
Before its agreement to cut oil supplies even started, OPEC’s production plunged by the most in almost two ...
January 3, 2019
BY
Bloomberg
Oil Market Remains Cloudy as OPEC Sends Mixed Signals
A series of mixed messages from The Organization of the Petroleum Exporting Countries (OPEC) cause oil price volatility ...
November 13, 2018
BY
Emel Akan
Oil Price to Rally Sharply Amid Supply Shortage, Says Expert
WASHINGTON—American sanctions on Iranian oil, despite waivers, will create supply shock in the near term, causing crude oil prices ...
November 5, 2018
BY
Emel Akan
Wages Grow Fastest in Decade, Unemployment Keeps Low
Average hourly earnings of Americans increased to $27.16 in August, 10 cents up from the months before and ...
September 7, 2018
BY
Petr Svab
OPEC’s Dilemma
Oil has made a spectacular comeback this year, rising from $60 per barrel at the beginning of the ...
July 22, 2018
BY
Daniel Lacalle
OPEC Set to Lift Oil Output and Ease Prices
In an effort to tackle a looming oil supply shortage, the Organization of the Petroleum Exporting Countries (OPEC) ...
June 22, 2018
BY
Emel Akan
Oil Prices: ‘Lower for Longer’ Era Continues
Heightened geopolitical risks and market fears of a looming supply shock pushed oil prices to their highest level ...
May 29, 2018
BY
Emel Akan
Energy Industry Adapts to Uncertainty
Global energy companies are bracing for extended period of low oil prices.
August 10, 2017
BY
Fan Yu
Record US Oil Exports Are Poised for Even More Growth
NEW YORK/HOUSTON—U.S. refineries are producing more fuel than ever as they seek to meet rising demand - from ...
July 27, 2017
BY
Reuters
OPEC, Trump, and the Oil Price Mystery
The Organization of the Petroleum Exporting Countries (OPEC) reached a much-anticipated deal to curb oil supply. However, the ...
December 5, 2016
BY
Emel Akan
OPEC Agrees to Cut Output in Bid to Push up Oil Price
VIENNA—Breaking with years of inaction, OPEC agreed Wednesday to cut its oil output for the first time since ...
November 30, 2016
BY
The Associated Press
Oil Prices Climb but Uncertainties Remain
Confidence is returning to the oil industry, and the two-year downturn in oil prices may be coming to ...
October 25, 2016
BY
Emel Akan
Is OPEC’s Oil Era Over?
Just a couple months ago, some were declaring the old oil order dead after the Organization of the ...
June 5, 2016
BY
Gregory Brew
OPEC’s Control Over Global Oil Prices Slips Away
Member countries of the Organization of Petroleum Exporting Countries produce about 40% of the world's crude oil, with ...
April 26, 2016
BY
Chris Miller
Oil Meeting in Qatar Collapses Without Freeze as Iran Absent
A meeting of oil-rich countries in Qatar that had been expected to boost crude prices by freezing production ...
April 17, 2016
BY
The Associated Press
Oil Producers Meet in Qatar to Discuss Cap, Iran Absent
Oil-producing countries met Sunday in Qatar to discuss a possible freeze of production to counter low global prices, ...
April 17, 2016
BY
The Associated Press
The Saudi-Russian Oil Gambit Has Little to Do With Prices
Saudi Arabia and Russia, the world’s two most powerful oil producers, have reached a tentative agreement to freeze ...
February 23, 2016
BY
Nafis Alam
Cheaper Oil Buoys Consumers, Hammers Producers
Oil prices have been lower for longer than expected. Now, with OPEC's decision to keep pumping at current ...
December 7, 2015
BY
The Associated Press
Oil Price Drops to Lowest Since 2009, Sinking Energy Stocks
A sharp drop in the price of oil on Monday rattled investors and helped push stocks lower across ...
December 7, 2015
BY
The Associated Press
While Job Growth Lifts Most of US Economy, Oil Patch Suffers
The falling oil and gasoline prices that for months have coincided with strong U.S. hiring have helped most ...
December 5, 2015
BY
The Associated Press
OPEC Keeps Oil Production at Current High Level
OPEC nations decided Friday to keep producing oil at their current high levels, effectively acknowledging their inability to ...
December 5, 2015
BY
The Associated Press
Despite Shell’s About-Face, Interest in Arctic Oil Grows
After billions invested over several years, Royal Dutch Shell said Sept. 28 it would end oil exploration offshore ...
September 29, 2015
BY
Brian C. Black
Saudi Arabia Says It Arrested 400 Terrorists, Stopped Attack Plan
The arrests follow a deadly suicide bomb attack Friday in Iraq that killed 100.
July 18, 2015
BY
The Associated Press
Oil, No Matter the Price, Is Never Cheap
Hell's Gate is a much more interesting way of thinking about oil than price. But value depends on ...
April 2, 2015
BY
Ray Grigg
Why Are Rock Bottom Oil Prices Not Fueling Greater Economic Growth?
Why it may be better for the economy if oil prices are high.
February 9, 2015
BY
Ananda West
Tensions Boil Over in Venezuela in President’s Absence
CARACAS, Venezuela—A high-profile Venezuelan opposition leader is calling for protests while President Nicolas Maduro travels abroad seeking help ...
January 13, 2015
BY
Hannah Dreier
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Angel Moms Confront CNN Reporter in Rose Garden
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McCabe’s Story, If True, Describes Coup Attempt on Trump, Harvard Constitutional Scholar Says
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US-China Trade Talks to Resume in Washington Next Week, Trump Hints at Extension
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Video: After CNN’s Acosta Claims Trump ‘Concocting’ a National Emergency, President Responds
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