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Oil prices rise on Mideast risk assessment

Sep 16, 2019
The 14% spike, following a weekend attack on a key Saudi oil production facility, reflects what traders consider a "Gulf premium" based on new oil supply risks.
Smoke billows from an Aramco oil facility in Abqaiq in Saudi Arabia's eastern province on Sept. 14 after drone attacks sparked two fires.
AFP/Getty Images

Will spiking oil prices tip us into a global recession?

Sep 16, 2019
Probably not, says Roberto Perli of the economic policy research firm Cornerstone Macro.
An attack on Saudi Arabian oil facilities caused crude oil prices to spike.
J.D. Pooley/Getty Images

Will oil price spike lead to higher prices at the pump?

Sep 16, 2019
A look at what a drone strike on oil reserves in Saudi Arabia could mean for consumers.
Justin Sullivan/Getty Images

Oil prices aren’t reacting drastically to supply and demand changes

Aug 9, 2019
Amid Middle East tensions and the U.S.-China trade war, the price of oil is not wildly different from 2015, 2016 and 2017.
Oil wells at sunset in Moorpark, California as seen in 2009.
David McNew/Getty Images

Iran sanctions: What will become of oil prices?

Apr 22, 2019
Traders are concerned about supply.
Miguel Villagran/Getty Images

OPEC fights falling prices with production cuts

Dec 7, 2018
Analysts say OPEC's decision is less about raising prices, and more about stopping them from falling further.

OPEC set to meet with an eye on cutting oil production

Dec 5, 2018
OPEC oil producing countries are scheduled to meet in Vienna on Thursday to discuss possible production cuts as a way to boost prices. Oil prices have been sliding in recent months. At the recent G-20 meeting, Russian and Saudi Arabian leaders signaled a willingness to work toward cuts, but what might that mean? Click the […]

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Oil prices slip, and their future is cloudy

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 so, you might want to fill up your tank now and be worried. Influential voices […]

This is the most expensive gas station in America

Nov 20, 2018
Why would a station charge nearly $6 for a gallon of gas?
Visual Hunt

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

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