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Jun 19, 2019

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How rising oil price ripples through economy

by Mitchell Hartman Apr 25, 2019
Many products and services tend to cost more.
David McNew/Getty Images

Oil prices slip, and their future is cloudy

by Scott Tong Nov 20, 2018
As stock prices fell today, so did the price of oil. The price of crude has dropped 30 percent since last month amid signs the world economy and oil demand are slowing down. And there’s plenty of oil about. Even…
Trade showdown

U.S. crude oil exports to China drop to nearly zero amid trade war

by Kai Ryssdal Oct 15, 2018
In the first half of 2018, China was the biggest buyer of U.S. crude oil. In August and September, they barely bought any. Energy reporter Rebecca Elliott wrote about the sudden drop-off in the Wall Street Journal, and we talked to…
Trade showdown

U.S. crude oil exports to China drop to nearly zero amid trade war

by Kai Ryssdal Oct 15, 2018
In the first half of 2018, China was the biggest buyer of U.S. crude oil. In August and September, they barely bought any. Energy reporter Rebecca Elliott wrote about the sudden drop-off in the Wall Street Journal, and we talked to…

Rising crude prices are kick-starting the Kansas oil industry back to life

by Brian Grimmett Oct 8, 2018
Low oil prices hit the state's mostly small producers hard. As a barrel of oil goes up, the industry is hopeful profits will start flowing again.
Tom Casey, a supervisor at Express Oil Service, checks in with his workers.
Brian Grimmett/Kansas News Service

Can the U.S. stop all oil exports from Iran?

by Scott Tong Aug 8, 2018
The Trump administration looks to cut the Iranian economy from a key source of revenue. Analysts say past sanctions weren't totally able to do that.
An oil facility on Khark Island, on the shore of the Persian Gulf, in 2017.
ATTA KENARE/AFP/Getty Image

Costlier oil likely means higher prices for air travel

by Mitchell Hartman Jun 5, 2018
Every time we pull into a gas station, we see the effect of rising global oil prices. Airlines are getting a bit of sticker shock, too, when they fill their planes with jet fuel. Crude oil is up close to…

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High prices for crude give oil producers something to think about

by Erika Beras Feb 2, 2018
Domestic production is at record levels and reducing the need for foreign imports

Higher oil prices and higher output give U.S. more clout

by Andy Uhler Jan 31, 2018
Prices for West Texas crude oil are hovering around $65 a barrel. That’s more than twice the price at this time just two years ago. Oil companies, including major players like Exxon Mobil and Chevron, have let investors know they’re increasing…
The Big Book

Why boom-bust oil prices may be here to stay

by Kai Ryssdal and Maria Hollenhorst Apr 18, 2017
Robert McNally's 'Crude Volatility' looks at the cycle in a historical context.
“I think the sort of the next rude shock perhaps in the oil markets is that we will be thirstier for oil for a lot longer than folks hope and expect,” says energy analyst Robert McNally.
ROBYN BECK/AFP/Getty Images