Stories Tagged as
Oil
China slows down growth in global oil demand
Sep 16, 2024
A softening real estate market and the growing popularity of electric vehicles have contributed to a drop in oil consumption.
What are sovereign wealth funds, and why are U.S. leaders interested?
by
Henry Epp
Sep 9, 2024
Many countries and several states have investment funds meant to grow their wealth and boost infrastructure and other projects.
Fracking shifts U.S. oil production away from California
Sep 4, 2024
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 economic war on Russia has been a grand experiment for sanctions
Sep 3, 2024
The Kremlin has been cut off from much of the global economy by sanctions. But have they had the desired effect?
Oil prices dip but still face plenty of upward pressure
by
Henry Epp
Aug 5, 2024
Recession fears blunt demand, lowering prices. But conflict in the Middle East and OPEC+ production cuts could push them up again.
The oil industry would like to know when global demand will peak. That's hard to predict.
by
Henry Epp
Jul 31, 2024
An accurate estimate depends on a whole lot of variables.
Why most of the world still uses the U.S. dollar to buy and sell oil
Jun 25, 2024
The scale, liquidity and stability of U.S. financial markets are partly behind the phenomenon.
For public good, not for profit.
A new report says worldwide oil demand will peak in 2029. Some oil industry observers are skeptical.
Jun 13, 2024
Even if the prediction's right, Big Oil will be with us much longer.
OPEC+ will extend supply cuts — but that doesn't appear to be raising prices
Jun 4, 2024
The petroleum-producing cartel is trying to push global oil prices higher, but Americans aren't seeing an increase at the gas pump.
A fraction of oil and gas profits would fund methane emissions cuts, global energy agency says
by
Lily Jamali
Aug 7, 2023
IEA advises investing in facilities to reduce the potent greenhouse gas. The U.S. government is already funding such programs.