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Marketplace Morning Report

Guac and TikTok: Chipotle's recipe for success

Oct 22, 2019

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Brexit déjà vu

Oct 21, 2019
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Marketplace Morning Report

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

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

Russia plays oil diplomacy card in Middle East

by Scott Tong May 10, 2019
Russia has leveraged its oil and gas market power to enhance its influence in the Middle East, just as the U.S. is pulling back from the region.
The Organization of the Petroleum Exporting Countries (OPEC) headquarters in Vienna, Austria in 2016.
Joe Klamar/AFP/Getty Images

OPEC members comply with cartel, reduce oil production

by Scott Tong Mar 18, 2019
When OPEC decides to restrict global oil supply and raise prices, it can become very tempting for some nations, particularly smaller producers, to break the pact and sell more oil. OPEC members and allies are currently meeting in Azerbaijan, and…
RYAD KRAMDI/AFP/Getty Images

A look at Venezuela's economy as Maduro begins his second term

by Anu Anand and Danielle Chiriguayo Jan 10, 2019
An estimated 5 million Venezuelans have left the country due to high poverty rates.
Venezuelan President Nicolas Maduro delivers a speech during the ALBA Summit at the Miraflores Palace, in Caracas on March 17, 2015.
FEDERICO PARRA/AFP/Getty Images

OPEC fights falling prices with production cuts

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

What does this week's OPEC summit have to do with Cinderella?

by Scott Tong Dec 5, 2018
The real action at the oil meeting in Vienna might be in a stairwell.
Participants attend the opening session of the 15th International Energy Forum in Algiers on Sept. 27, 2016. 
RYAD KRAMDI/AFP/Getty Images

OPEC set to meet with an eye on cutting oil production

by Jed Kim 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…

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Qatar leaving OPEC to focus on natural gas

by Andy Uhler Dec 3, 2018
The Persian Gulf state of Qatar, one of the smallest members of the Organization of Petroleum Exporting Countries, will leave the cartel in January after nearly six decades. Qatar said the move allows it to focus on its natural gas…

Will the Saudi-Russian oil alliance hold as production cuts are mulled?

by Scott Tong Nov 12, 2018
The price of oil is at its lowest in almost a year. Now officials from Saudi Arabia are suggesting they might cut supply to arrest the falling price. President Donald Trump on Monday said he hopes Saudi Arabia and OPEC…
Russian President Vladimir Putin shakes hands with Saudi Crown Prince Mohammed bin Salman during their meeting at the Kremlin in Moscow on June 14, 2018. 
Yuri KADOBNOV / AFP

Oil prices might finally be perking up after a long tumble

by Jed Kim Nov 12, 2018
Analysts didn’t anticipate the convergence of factors driving oil prices down. A record production of U.S. crude combined with increased pumping globally have created an unexpected surplus. Combine that with slowing global demand and President Donald Trump easing sanctions on…