DAVID McHUGH / The Associated PressMar 9, 2020
Prices fall, with wide-ranging implications for consumers and oil companies, including those in the No. 1 producing country, the U.S. Dig deeper ( 4 Min. Read )
AYA BATRAWY and FAY ABUELGASIM / The Associated PressMay 19, 2019
Saudis say they don't want war; Trump threatens Iran with destruction if it seeks a fight; U.S. Navy conducts Arabian Sea exercises. Dig deeper ( 5 Min. Read )
Vijay Prashad / Independent Media InstituteMay 14, 2019
Washington has wanted to crush the Bolivarian Revolution since Hugo Chavez assumed power, and its sanctions have killed tens of thousands. Dig deeper ( 6 Min. Read )
DAVID KOENIG / The Associated PressJul 11, 2018
Output is predicted to grow next year to 11.8 million barrels a day, making the U.S. the world's leading oil producer for the first time since the 1970s. Dig deeper ( 3 Min. Read )
By Paul Brown / Climate News NetworkMay 16, 2017
Many of the oil services companies employed when new fields are developed have been laying off workers, and oil companies have been taking write-downs of their assets. Dig deeper ( 4 Min. Read )
By Michael T. Klare / TomDispatchMay 2, 2016
Replacing the petroleum-fueled world we’ve known for decades is an anemic, possibly even declining, demand that is likely to force suppliers to fight over a diminishing market. Dig deeper ( 11 Min. Read )
By Joshua Frank / CounterPunchOct 29, 2015
Oil is crashing, and gas prices at the pump keep sliding lower and lower. As of October, a barrel of Brent crude (the global standard) is selling for less than $50—nearly half of what a barrel cost last year at this time. What does all of this mean? You wouldn’t think that a significant drop in oil prices could actually be a good thing for the environment and a bad thing for Big Oil and dirty frackers, yet it may well be. Dig deeper ( 6 Min. Read )
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