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U.S. gas prices have fallen for the last 10 weeks and Americans are spending hundreds of millions less than a year ago. Here’s why
Finance
U.S. gas prices have fallen for the last 10 weeks and Americans are spending hundreds of millions less than a year ago. Here’s why
By Wyatte Grantham-Philips and The Associated PressNovember 29, 2023
Gas shortage
Environment
3 stunning charts show how the world of gas-guzzling has changed—and hasn’t—since the trauma of the 1973 oil embargo
By Jim Krane, Mark Finley and The ConversationOctober 12, 2023
Saudi crown prince Mohammed bin Salman
Leadership
Mohammed bin Salman to keep oil prices high to spur growth—’I’m trying to get Saudi Arabia back on the right track’
By Christiaan HetznerSeptember 21, 2023
Saudi Arabia is squeezing the oil market just as consumption surges: ‘The Fed may have to react’
Finance
Saudi Arabia is squeezing the oil market just as consumption surges: ‘The Fed may have to react’
By Grant Smith, Sarah Chen, Alex Longley, Devika Krishna Kumar and BloombergSeptember 9, 2023
Saudi crown prince Mohammed bin Salman
Politics
Goldman Sachs warns that Russia and Saudi cuts could send oil prices above $100 a barrel by the end of 2024, just in time for Election Day
By Christiaan HetznerSeptember 7, 2023
Saudi Arabia extends oil production cut as central banks fear inflationary spike from rising fuel costs 
Finance
Saudi Arabia extends oil production cut as central banks fear inflationary spike from rising fuel costs 
By Grant Smith, Omar Tamo and BloombergAugust 3, 2023
Higher gas prices could soon hit U.S. drivers as Saudi Arabia doubles down on oil production cuts
Finance
Higher gas prices could soon hit U.S. drivers as Saudi Arabia doubles down on oil production cuts
By Grant Smith, Fiona MacDonald, Nayla Razzouk, Ben Bartenstein and BloombergJune 4, 2023
OPEC+’s decision to cut oil output risks increasing inflation and shows the body’s ‘pricing power is higher than it’s ever been,’ Goldman Sachs says
Finance
OPEC+’s decision to cut oil output risks increasing inflation and shows the body’s ‘pricing power is higher than it’s ever been,’ Goldman Sachs says
By Tristan BoveApril 3, 2023
Surprise OPEC oil production cut sends price towards $100 and puts ‘renewed pressure on the Federal Reserve to keep hiking rates aggressively’
Finance
Surprise OPEC oil production cut sends price towards $100 and puts ‘renewed pressure on the Federal Reserve to keep hiking rates aggressively’
By Elaine Kurtenbach and The Associated PressApril 3, 2023
OPEC+ announces surprise oil production cut despite previous assurances
Finance
OPEC+ announces surprise oil production cut despite previous assurances
By Matthew Martin, Grant Smith and BloombergApril 2, 2023
Amin al-Nasser
Environment
Saudi Arabia’s national oil company raked in a record $161 billion profit last year, as the Ukraine war and OPEC+ drove a 46% increase
By Paul Wallace, Matthew Martin, Leen Al-Rashdan and BloombergMarch 12, 2023
OPEC+ opts to ‘hunker down’ amid surging volatility and market uncertainty, holds steady on oil production
Finance
OPEC+ opts to ‘hunker down’ amid surging volatility and market uncertainty, holds steady on oil production
By Salma El Wardany, Grant Smith, Ben Bartenstein and BloombergDecember 4, 2022
Reducing energy options doesn’t work. Just ask Europe—and the U.S. states where gas prices are rising
Commentary
Reducing energy options doesn’t work. Just ask Europe—and the U.S. states where gas prices are rising
By Scott TinkerOctober 18, 2022
Shot of an engineer looking over a power plant at sunset
Finance
Everyone’s been waiting for a global recession and we might have just hit a ‘tipping point,’ major energy body says
By Tristan BoveOctober 13, 2022
Joe Biden
Politics
Saudi Arabia releases lengthy statement saying Biden asked for delay in oil production cut to November
By Jon Gambrell and The Associated PressOctober 13, 2022
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