Stories Tagged as
OPEC
Why the U.S. is a spoiler for OPEC's plan to raise oil prices
by
Lily Jamali
Jul 10, 2023
OPEC is trying to cut production among its members in a bid to push up the price of oil, but it hasn't gone according to plan.
To stay atop the oil market, OPEC became OPEC+. But keeping the cartel in sync isn't easy.
by
Lily Jamali
Jun 28, 2023
The Saudis invited the Russians to the table and rolled out the red carpet. But the Russians haven't always done what the Saudis want.
Saudis are trying to prop up oil prices by lashing out at short sellers
by
Lily Jamali
May 24, 2023
And if it doesn't work, they'll cut production.
OPEC grapples with sliding oil prices
by
Lily Jamali
May 10, 2023
The cartel releases its monthly oil market report on Thursday.
Oil demand is steady, but now OPEC+ is cutting supply
by
Justin Ho
Apr 3, 2023
The economies of China, the U.S. and Europe will all be affected by the cartel's move to boost energy prices.
OPEC+ agrees to boost oil production. But probably not enough to lower prices.
by
Justin Ho
Aug 3, 2022
The small increase of 100,00 barrels a day may be a sign that the cartel thinks a recession is coming.
Why OPEC might decide to take a break from its alliance with Russia
by
Andy Uhler
Jun 1, 2022
Russia is the world's third-largest oil producer — such a decision won't be made lightly.
For public good, not for profit.
What does OPEC have to say about the Russian oil situation? Not much.
Mar 9, 2022
Part of it comes down to the oil world's "delicate equilibrium."
Biden administration considers its options as gas prices rise
by
Justin Ho
Nov 18, 2021
Officials are considering releasing oil from the strategic reserve. They’re also pushing the FTC to investigate possible price gouging.
Why politicians have little sway over gas prices
by
Andy Uhler
Aug 12, 2021
In an attempt to moderate gas and oil prices, Biden has asked OPEC to increase production, despite it being a function of market forces.