iOS app Android app

Oil Market

Why An Overflowing Oil Supply Won't Drown Renewable Energy Growth

The Huffington Post | Alexander C. Kaufman | Posted 01.19.2016 | Business

Climate change, caused in large part by the emissions from burning oil, may drown much of the world's coastal cities as sea levels rise.  But fi...

Chinese Admiral's Visit to Iran: U.S. Era of Dominance in the Mideast Is Ending

David Oualaalou | Posted 11.06.2015 | Politics
David Oualaalou

Make no mistake: A high-level visit to Iran from the emerging global power portends significant changes to the geopolitical landscape -- and not only in the Middle East.

Iran Agreement Means Lower Inflation, Higher Growth

Harlan Green | Posted 07.16.2015 | Business
Harlan Green

It will give Janet Yellen's Federal Reserve room to keep interest rates lower longer, thus boosting consumer spending as well as the housing market, which is beginning to show more robust growth with builder confidence at its strongest level since 2005.

Why Low Oil Prices Can Be Good For The Environment

AP | By JONATHAN FAHEY | Posted 01.14.2015 | Green

NEW YORK (AP) — Deepwater drilling rigs are sitting idle. Fracking plans are being scaled back. Enormous new projects to squeeze oil out of the tar ...

North And South America Could Become Major Oil Players

The Washington Post | JUAN FORERO | Posted 05.26.2012 | Business

LOMA LA LATA, Argentina — In a desertlike stretch of scrub grass and red buttes, oil companies are punching holes in the ground in search of what mi...

Mark Gongloff

What's Roiling The Oil Market Now? | Mark Gongloff | Posted 02.01.2012 | Business

Another falling dictator might soon make a splash in the oil market. The latest domino set to drop in the Middle East appears to be Bashar Assad of...

The Cowboys in Congress

Paul Heroux | Posted 02.01.2012 | Politics
Paul Heroux

What are the options for dealing with Iran's nuclear program? We can do nothing; but doing nothing isn't a real option. We can use our military to target Iran's nuclear sites, but this is bound to have unforeseen consequences. Or we can sanction Iran.

Media Squawked When It Should Have Jumped on Oil Market Speculation Coverage

Dan Froomkin | Posted 11.30.2011 | Media
Dan Froomkin

When Bernie Sanders leaked confidential data last month that dramatically illustrated how speculators were dominating the oil futures market during the 2008 spike in oil prices, many news outlets jumped on the story in the worst possible way.

Peter S. Goodman

Obama Hints U.S. Might Tap Petroleum Reserves To Combat Libya Oil Disruption | Peter S. Goodman | Posted 08.08.2011 | Business

WASHINGTON -- President Obama on Wednesday appeared to raise the possibility that the administration would release oil from the nation’s strategic p...

Feds' Oil Manipulation Lawsuits Are 'Rubbish,' Shipping Magnate Says

Posted 07.26.2011 | Business

OSLO (Reuters) - Shipping magnate John Fredriksen said U.S. regulator lawsuits against two of his trading firms for suspected oil price manipulati...

Oil Speculators: Manipulative Evil Masterminds Or Just Savvy Investors?

DailyFinance | Posted 07.10.2011 | Business

As the price of oil climbed over the past few months, a growing army of commentators and pundits grimly hinted about "speculators" who were manipulati...

Is Hugo Chavez Ready for the Coming Fall?

Francisco Toro | Posted 05.25.2011 | World
Francisco Toro

Venezuela is a petrostate: the government owns the only oil company, and oil prices rose every single year from the turn of the century through last year.

Oil plunges to 13-month low on global slowdown

AP | STEVENSON JACOBS | Posted 05.25.2011 | Business

NEW YORK — The stunning collapse in oil markets accelerated Friday, sending a barrel of crude plunging below $78 as investors grow more pessimis...

Oil Prices Shoot Up More Than $6 A Barrel

AP | STEVENSON JACOBS | Posted 05.25.2011 | Business

NEW YORK — Oil prices shot up more than $6 a barrel Friday, breaking back into $100 territory as a sweeping government plan to rescue the imperi...

What's Going On in the Oil Market?

Hale "Bonddad" Stewart | Posted 05.25.2011 | Business

The reasons for oil's upward spike run deep and wide. The main contributing factor -- the dollar's drop -- isn't going away anytime soon, largely because the US' federal finances are a total wreck.

Gingrich Mounts Campaign to 'Drill Here, Drill Now, Pay Less'

David Roberts | Posted 05.25.2011 | Politics
David Roberts

The U.S. cannot affect oil or gasoline prices in any significant way by drilling more oil. Full stop. Gingrich is knowingly lying to people (and taking their money).

Sam Stein

The Iraq Recession: Debate Raging Over War's Economic Impact | Sam Stein | Posted 05.25.2011 | Politics

Within the halls of Congress and on editorial pages of the country's newspapers, questions are being raised as to whether the Iraq war bears responsib...

BP To Plead Guilty To Criminal Environmental Charges, Pay $50 Mil Fine

Wall Street Journal | ANN DAVIS, MATTHEW DALTON, GUY CHAZAN | Posted 05.25.2011 | Business

New BP PLC Chief Executive Tony Hayward is making sweeping moves to clean up the oil giant's operational and regulatory troubles. Among them: an expec...