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Saudis are trying to prop up oil prices by lashing out at short sellers
And if it doesn't work, they'll cut production.
OPEC grapples with sliding oil prices
The cartel releases its monthly oil market report on Thursday.
Oil demand is steady, but now OPEC+ is cutting supply
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.
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
Russia is the world's third-largest oil producer — such a decision won't be made lightly.
What does OPEC have to say about the Russian oil situation? Not much.
Part of it comes down to the oil world's "delicate equilibrium."
Biden administration considers its options as gas prices rise
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
In an attempt to moderate gas and oil prices, Biden has asked OPEC to increase production, despite it being a function of market forces.
Oil prices are high. So why aren't U.S. oil producers drilling?
Two reasons: reluctant investors and potential regulations.
Oil producers look at output levels as demand returns
OPEC and its allies are scheduled to meet Thursday as oil prices keep rising.