OPEC

International Economics

Saudi Arabia Pledges to Invest $600 Billion in the US; Trump Says Make it $1 Trillion

Photo by U.S. Department of State via Public Domain Mark 1.0

$1 trillion would be a tall order even for bin Salman, whose kingdom faces a set of steep economic hurdles that aren’t getting any lower.

2 min read

Photo by WORKSITE Ltd. via Unsplash

Energy

Oil Prices Trapped Between Falling US Crude Inventories and Rising Gasoline Stockpiles

A spill of new data Wednesday sent oil futures slipping and sliding in opposite directions. So is Big Oil’s tank is half-full or half-empty?

2 min read
Photo by Gage Skidmore via CC BY-SA 2.0

Energy

OPEC+ and Trump Circle Each Other, But US Producers Are Playing Their Own Game

With Trump expected to chase increased oil exports and more drilling in the US, OPEC+’s fear of losing market share looms larger than ever.

2 min read
Photo by Tony Wu via Pexels

Energy

OPEC+ Once Again Moves to Cut Production

The global oil cartel announced it would be extending its ongoing production cuts through the first few months of next year.

1 min read

Energy

Whom Should You Believe About Energy Demand?

Photo by Roy Luck via CC BY 2.0

Fossil fuel producers and OPEC have rained on the IEA’s parade, offering wildly different projections for future energy demand.

2 min read

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