As COVID-19 reshapes our economy, our newsletter will help you unpack the news from the day.
How bloody the shakeout becomes likely depends on how long crude prices stay in the basement.
There was talk that OPEC and Russia might together cut the world's supply of oil by one million barrels a day.
Members of the OPEC coalition of oil producers meet tomorrow in Vienna to discuss an excess of oil supply. The group will be joined by Russia on Friday for further talks. That combined group, known as OPEC-Plus, previously agreed to…
A look at what a drone strike on oil reserves in Saudi Arabia could mean for consumers.
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.
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…
An estimated 5 million Venezuelans have left the country due to high poverty rates.
The real action at the oil meeting in Vienna might be in a stairwell.
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…