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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
For boom-bust oil towns, coronavirus is a very different kind of crisis

For boom-bust oil towns, coronavirus is a very different kind of crisis

By
April 5, 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
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
Oil rigs stand in the Permian Basin area of Odessa, Texas, on Jan. 19, 2019. In the Permian, America's busiest oil patch, a producer needs to blast as much as 60,000 barrels of water into a well every day, along with sand and chemicals, to complete the fracking that cracks open the tight, oil-bearing rock about a mile underground.

‘This is a bloodbath for U.S. oil:’ Price plunge will test how robust the shale boom really is

By Anne Sraders and Katherine Dunn
March 10, 2020
Prince Abdulaziz bin Salman Al-Saud, Minister of Energy of Saudi Arabia arrives for 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

Oil analysts see prices dropping into the $20s on coronavirus and Saudi Arabia-Russia price war

By Ramsey Al-Rikabi and Bloomberg
March 9, 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
King Abdulaziz Center For World Culture
Finance

Saudi Aramco IPO Could be Overvalued by as much as 35%, Fund Managers Calculate

By
December 2, 2019
CHINA-ECONOMY-OIL

Oil Has Plunged More Than 40% Since 4-Year High in October

By
December 26, 2018
AUSTRIA-OPEC-OIL-ECONOMY-POLITICS

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

By
December 6, 2018
QATAR-ENERGY-OPEC
International

Qatar Wants Out of OPEC. What Will That Mean at the Pump?

By
December 3, 2018
70 Years Federal Republic Oil Port Rostock

Why Oil Prices Are Rebounding Despite What Trump Wants

By
November 14, 2018

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