OPEC

Energy

Oil Prices Trapped Between Falling US Crude Inventories and Rising Gasoline Stockpiles

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A spill of new data Wednesday sent oil futures slipping and sliding in opposite directions. So is Big Oil’s tank is half-full or half-empty?

2 min read
Energy

OPEC+ and Trump Circle Each Other, But US Producers Are Playing Their Own Game

Photo by Gage Skidmore via CC BY-SA 2.0

With Trump expected to chase increased oil exports and more drilling in the US, OPEC+’s fear of losing market share looms larger than ever.

2 min read
Energy

OPEC+ Once Again Moves to Cut Production

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The global oil cartel announced it would be extending its ongoing production cuts through the first few months of next year.

1 min read
Energy

Whom Should You Believe About Energy Demand?

Photo by Roy Luck via CC BY 2.0

Fossil fuel producers and OPEC have rained on the IEA’s parade, offering wildly different projections for future energy demand.

2 min read
Energy

Saudi Arabia Gives Up Trying to Drive Oil Higher

Photo by Tom Fournier via Pexels

Saudi Arabia, the biggest and most influential member of OPEC, is abandoning its goal of driving the price of an oil barrel up to $100.

2 min read
Energy

OPEC+ Wants to Prop Up Falling Oil Prices

Photo by Zukiman Mohamad via Pexels

Days after Brent crude oil prices fell under $74 per barrel, the member nations of OPEC+ agreed to delay a production increase for two months.

2 min read