Oil Prices

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A gas tanker drives past an oil storage tank 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

Trump’s oil deal: The inside story of how the Saudi-Russia price war ended

By Javier Blas and Bloomberg
April 14, 2020
Saudi-Russia oil price war ends with OPEC+ deal to slash output, but prices stay near lows
International

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

By Javier Blas, Salma El Wardany, Grant Smith and Bloomberg
April 13, 2020
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, Grant Smith and Bloomberg
April 10, 2020
Oil prices could plunge if OPEC and Russia fail to agree on a production cut

Oil prices could plunge if OPEC and Russia fail to agree on a production cut

By
April 8, 2020
Red Cross medics check the temperature of a policeman during the 178th meeting of the Organization of Petroleum Exporting Countries (OPEC) in Vienna, Austria, on March 6, 2020. - All eyes are on Russia at the gathering of OPEC countries and their allies, with the cartel hoping to convince Moscow to back drastic production cuts to counter the effects of the coronavirus outbreak. (Photo by ALEX HALADA / AFP) (Photo by ALEX HALADA/AFP via Getty Images)
International

Why the Saudi Arabia-Russia oil price war could mean the death of OPEC

By Julian Lee and Bloomberg
March 17, 2020
Oil pumping jacks, also known as "nodding donkeys", operate in an oilfield near Almetyevsk, Tatarstan, Russia, on Wednesday, March 11, 2020. Saudi Aramco plans to boost its oil-output capacity for the first time in a decade as the worlds biggest exporter raises the stakes in a price and supply war with Russia and U.S. shale producers. Photographer: Andrey Rudakov/Bloomberg via Getty Images
International

Why Saudi Arabia’s plan to punish Russia with an oil price war likely won’t work

By Dina Khrennikova, Olga Tanas and Bloomberg
March 12, 2020
Fatih Birol, executive director of the International Energy Agency, speaks during a Bloomberg Television interview on the opening day of the World Economic Forum in Davos, Switzerland, on Jan. 21, 2020.
International

Coronavirus and a price war battered oil markets. But the real victims will be far from Wall Street

By
March 11, 2020
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, Grant Smith and Bloomberg
March 10, 2020
Tourists visit the Wall Street bull statue in the Financial District, August 22, 2018 in New York City.
Newsletters

This is no temporary market decline

By David Meyer and Alan Murray
March 10, 2020
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 Bloomberg
February 4, 2020
Three-phase spheroids stand behind pipelines at Saudi Aramco's crude oil processing facility, in Abqaiq, Saudi Arabia, on Saturday, Oct. 12, 2019. Aramco showed it has made significant progress in restoring damaged oil infrastructure to normal operation just a month after a devastating aerial attack halted production. Photographer: Dina Khrennikova/Bloomber
International

Saudi Aramco Says Damage From Drone Attacks That Plunged World Oil Market Into Chaos Is Already Fixed

By Anthony DiPaola and Bloomberg
October 14, 2019
The Economy Is in Code Yellow for a Recession Based on These 9 Metrics
Magazine

The Economy Is in Code Yellow for a Recession Based on These 9 Metrics

By Daniel Bentley and Nicolas Rapp
August 16, 2019
Oil Boom in Texas's Permian Basin

Why Cheap Oil Is Bad News for Workers in Texas

By
December 28, 2018
AUSTRIA-OPEC-OIL-ECONOMY-POLITICS

Oil Prices Plummet as Market Fears OPEC Output Cuts Aren’t Enough

By
December 6, 2018
President Trump Hosts Crown Prince Mohammad Bin Salman Of Saudi Arabia To White House

Trump’s G20 Meeting With Saudi Crown Prince Is Clouded by Oil Prices, Khashoggi, and Congress

By
November 27, 2018

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