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May 05, 2026
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OPEC
BUSINESS
/
Markets
May 4, 2026
Saudi oil prince¡¯s iron grip faces ultimate test with UAE¡¯s shock OPEC exit
The departure poses a formidable test for ?the first royal Saudi oil minister whose style has shifted from diplomacy to increasingly unilateral decision-making.
WORLD
/
Politics
Apr 30, 2026
UAE oil break exposes deepening Saudi rift as Gulf power shifts
The UAE' decision to quit OPEC has brought years of tensions with Saudi Arabia into the open, marking a rebalancing of power shaped by the Iran war.
COMMENTARY
/
World
Dec 20, 2024
An OPEC for solar power isn¡¯t going to work
Geological advantages are perpetual, but technological advantages can quickly become obsolete.
BUSINESS
/
Markets
Sep 25, 2024
No peak oil demand 'on the horizon' and phaseout a 'fantasy,' OPEC says
The oil cartel's prediction runs counter to the assessment of the Paris-based International Energy Agency.
BUSINESS
Sep 1, 2024
Libya¡¯s political feud threatens return of oil supply chaos
The North African nation¡¯s crude output was slashed in half last week amid a fight for control of the central bank.
ENVIRONMENT
/
Climate change
Dec 15, 2023
How the world agreed to move away from fossil fuels at COP28
This year's climate conference marked the first time in history countries expressed a unified desire to end the oil age.
ENVIRONMENT
/
Climate change
Dec 13, 2023
Nations strike deal at COP28 to transition away from fossil fuels
More than 100 countries had lobbied hard for strong language in the deal to "phase out" oil, gas and coal use, but came up against powerful opposition.
COMMENTARY
/
World
Jun 6, 2023
Saudi Arabia's solo oil production cut is a risky strategy
By implementing a unilateral output reduction, Riyadh is hoping to boost crude prices.
COMMENTARY
/
World
Apr 4, 2023
OPEC+¡¯s shock production cut is a capitulation to oil¡¯s decline
Oil producers want more cash from the market. Choosing not to expand output is good for prices, but signals little confidence in demand.
WORLD
Apr 4, 2023
What higher oil prices mean for the fight against climate change
In the past year, soaring energy prices and Russia¡¯s invasion of Ukraine have been both an accelerant and a curse for the transition away from dirty fuels.
BUSINESS
/
Economy
Apr 3, 2023
OPEC+ announces surprise oil cuts as analysts warn of rise in prices
The U.S. has argued that the world needs lower prices to support economic growth and prevent Russian President Vladimir Putin from earning more revenue to fund the war in Ukraine.
BUSINESS
/
ANALYSIS
Feb 11, 2023
Oil rebound more likely this year as $100 a barrel possible, OPEC sources say
Oil may resume its rally in 2023 as Chinese demand recovers after COVID-19 curbs were scrapped and lack of investment limits growth in supply.
WORLD
/
Politics
Oct 17, 2022
Over a barrel, Biden faces tough options with Saudis
Despite growing action on climate change, the United States is decades away from being insulated from high oil prices.
COMMENTARY
/
World
Oct 7, 2022
The Saudi-Russian oil axis snubs the West with production cuts
Coming weeks before the U.S. midterm elections, many also see the move to cut oil production as a personal attack on President Joe Biden.
BUSINESS
Oct 6, 2022
In rebuke to West, OPEC and Russia aim to raise oil prices with big supply cut
U.S. President Joe Biden and European leaders have urged more oil production to ease gasoline prices and punish Moscow for its aggression in Ukraine.
WORLD
/
Politics
Oct 4, 2022
OPEC+ production cut poses new threat to Biden as election nears
More than a month after tweeting he had vanquished 'Putin's price hike at the pump,¡± the U.S. president faces forces on gasoline prices that even Washington can't match.
BUSINESS
Oct 3, 2022
OPEC+ considering major production cut to prop up oil prices
A cut would also mark a major turnaround in policy for OPEC+, which includes Russia.
WORLD
Jul 17, 2022
Biden ends trip with U.S.-Saudi relations on the mend but few other wins
Biden's four-day trip to Israel and Saudi Arabia, his first to the Middle East as president, aimed to reset ties with the Gulf Arab oil giant.
COMMENTARY
/
World
Feb 9, 2022
America¡¯s frackers are back, and they¡¯re looking leaner
Oil production this month will rise to 8.54 million barrels a day ¡ª just 730,000 barrels below the record in November 2019.
COMMENTARY
/
World
Dec 31, 2021
Expect more turbulent years ahead for the oil producers
The next five years may be no smoother for oil producers than its first five have been.
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