Why OPEC Plus isn't likely to increase oil supply

Mar 30, 2022
Spare capacity has been overstated, says oil analyst Abhi Rajendran. Then there's the matter of isolating Russia.
OPEC Plus nations are together responsible for 40% of the world's oil supply.
Jakub Sukup/AFP via Getty Images

Making sense of Monday's market sell-off

Mar 10, 2020
If the S&P 500 falls an additional 1.4%, the bull market run will have officially ended.
Traders work on the floor of the New York Stock Exchange on March 9, 2020 in New York City.
Spencer Platt/Getty Images

How the energy market affects the price at the pump

Sep 17, 2019
We break down the numbers behind a barrel of oil with Amelie Carlton of Rice University.
This AFPTV screen grab from a video made on Sept. 14 shows smoke billowing from an Aramco oil facility.
AFP/Getty Images

Global economic recovery eats through oil glut

Apr 20, 2018
This morning President Donald Trump turned his ire on OPEC: “OPEC is at it again,” he tweeted. “Oil prices are artificially Very High!” Sure, it’s convenient to blame someone for high gas prices. But the broader story — beyond the 280 characters that Twitter allows — is that something bigger is happening in the world oil […]

Despite domestic oil boom, some students in Texas are hesitant to enter the field

Mar 26, 2018
Some colleges are finding that students are not eager to enroll in oil and gas majors.
Spencer Platt / Getty Images

Venezuela’s debt could give China and Russia an oil market edge

Aug 2, 2017
As chaos in Venezuela continues, the Trump administration has imposed sanctions on President Nicolás Maduro and is threatening an embargo on Venezuelan oil. But that could backfire: if Washington pushes hard enough, Venezuela could go belly up on its debt, and that debt is owned in large part by Russia and China. The U.S. doesn’t want […]

Why a little cut in oil supply can have a big impact on price

May 15, 2017
Saudi Arabia and Russia announced plans to cut their amounts of oil going onto the market. That has suppressed oil prices. The two countries make up a significant part of the oil market, but not that much. So why can a minor cut in supply affect the price worldwide? Because the oil market has something […]

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