News

OPEC’s weekend move to raise quotas—reportedly by triple what most expected—initially sent prices tumbling. But the fine ...
The countdown is on for the Fed's rate decision on Wednesday as policymakers begin their two-day meeting. Although the ...
The drop in global oil prices has a bittersweet effect on Argentina's economy. On one hand, it reduces the country's export revenues from crude oil and affects investments in the Vaca Muerta shale ...
Act II was the Petrodollar. After 1974, OPEC’s decision to price crude in dollars hard-wired global energy demand to U.S.
The EIA sees most of the production growth coming from countries outside of the Organization of Petroleum Exporting Countries and its allies. Its estimate for U.S. production was revised down to 13.4 ...