Grant Smith

Stay informed with Grant Smith’s coverage and analysis.

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  • Secretary General of OPEC Haitham al-Ghais, speaks at the COP27 climate conference in Egypt’s Red Sea resort city of Sharm el-Sheikh on November 16, 2022. (Photo by AHMAD GHARABLI / AFP) (Photo by AHMAD GHARABLI/AFP via Getty Images)Finance

    OPEC+ opts to ‘hunker down’ amid surging volatility and market uncertainty, holds steady on oil production

    By Salma El Wardany, Grant Smith, and others
  • Saudi Arabia's Minister of Energy Abdulaziz bin Salman.Retail

    OPEC tries to keep oil prices high and cuts output by 2 million barrels in a move that Biden calls ‘unnecessary’

    By Salma El Wardany, Grant Smith, and others
  • A world map with OPEC countries illustrated as oil barrels with their respective flags.Finance

    OPEC is considering cutting oil output by 1 million barrels per day in a move that could add another shock to the global economy

    By Salma El Wardany, Grant Smith, and others
  • A convoy of Russian military vehicles moving towards border in Donbas regionInternational

    Russia invasion of Ukraine pushes Brent oil past $100 a barrel for first time since 2014

    By Grant Smith and Bloomberg
  • President Joe Biden tensions with OPEC+

    Biden’s plans to release oil reserves to address rising fuel prices draws the ire of OPEC+

    By Grant Smith, Salma El Wardany, and others
  • Saudi energy minister bets against frackersFinance

    In a bold taunt, Saudis warn America’s frackers: ‘Drill, baby, drill is gone forever’

    By Bloomberg, Javier Blas, and others
  • Fuel pumps stand outside a Casey’s General Stores Inc. gas station in Princeton, Ill. on, April 1, 2020.International

    Saudi-Russia oil price war ends with OPEC+ deal to slash output, but prices stay near lows

    By Javier Blas, Salma El Wardany, and others
  • A gas tanker drives past oil storage tanks at the Volodarskaya line operation dispatcher station (LODS), operated by Transneft PJSC, in Konstantinovo village, near Moscow, Russia, on Tuesday, April 7, 2020. The worlds largest oil producers moved closer to an unprecedented deal to ratchet back production and rescue crude markets from a pandemic-driven collapse, after Russia signaled its ready to make cuts. Photographer: Andrey Rudakov/Bloomberg via Getty Images

    Oil prices plunge as Mexico ditches Saudi-Russia production cut plans

    By Javier Blas, Salma El Wardany, and others
  • This picture taken on December 11, 2019, shows a Saudi security boat patrolling by an oil tanker at the port of Ras al-Khair, about 185 kilometres north of Dammam in Saudi Arabia's eastern province overlooking the Gulf. (Photo by GIUSEPPE CACACE / AFP) (Photo by GIUSEPPE CACACE/AFP via Getty Images)International

    Saudi Arabia-Russia oil price war escalates as Aramco announces 25% output hike

    By Javier Blas, Matthew Martin, and others
  • An employee hands a 50-gram gold bar to a customer inside a Titan Co. Tanishq jewelry store during the festival of Dhanteras in Mumbai, India, on Oct. 25, 2019. Gold sales on the most auspicious day in India to buy the metal tumbled this year as high prices and concerns about an economic slowdown saw customers limit purchases. Photographer: Dhiraj Singh/Bloomberg via Getty ImagesInternational

    Why the coronavirus is pushing gold up—and oil and other commodities down

    By Ranjeetha Pakiam, Grant Smith, and others
  • the virus has upended trade flows and probably led to a 20% cut to China’s oil demand. Here, staff on PetroChina Southwest Oil & Gasfield Company, a CNPC subsidiary, work at the natural gas purification plant in Suining in southwest China's Sichuan province on Jan. 15, 2020.International

    OPEC nerves grow as coronavirus forces China to slash oil imports

    By Sharon Cho, Grant Smith, and others