Oil

The oil cartel is holding back millions of barrels a day.

A softening real estate market and the growing popularity of electric vehicles have contributed to a drop in oil consumption.

Many countries and several states have investment funds meant to grow their wealth and boost infrastructure and other projects.

Once a leading source of oil, California produced fewer barrels of oil in June than in any month since the federal government began counting in 1981.

The Kremlin has been cut off from much of the global economy by sanctions. But have they had the desired effect?

Recession fears blunt demand, lowering prices. But conflict in the Middle East and OPEC+ production cuts could push them up again.

An accurate estimate depends on a whole lot of variables.

The scale, liquidity and stability of U.S. financial markets are partly behind the phenomenon.

Even if the prediction’s right, Big Oil will be with us much longer.

The petroleum-producing cartel is trying to push global oil prices higher, but Americans aren’t seeing an increase at the gas pump.