Oil Prices

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Higher gas prices could soon hit U.S. drivers as Saudi Arabia doubles down on oil production cuts
Finance

Higher gas prices could soon hit U.S. drivers as Saudi Arabia doubles down on oil production cuts

By Grant Smith, Fiona MacDonald, Nayla Razzouk, Ben Bartenstein and Bloomberg
June 4, 2023
Chart shows Urals versus Brent crude oil price

Energy analysts have been making gaseous calls since Russia invaded Ukraine. It’s time to clear away the smoke of economic groupthink

By Jeffrey Sonnenfeld and Steven Tian
April 3, 2023
Surprise OPEC oil production cut sends price towards $100 and puts ‘renewed pressure on the Federal Reserve to keep hiking rates aggressively’
Finance

Surprise OPEC oil production cut sends price towards $100 and puts ‘renewed pressure on the Federal Reserve to keep hiking rates aggressively’

By Elaine Kurtenbach and The Associated Press
April 3, 2023
Energy and economic historian Daniel Yergin in a 2016 interview
Finance

Leading energy historian says oil prices could smash past $100 a barrel in 2023. It all depends on 3 factors

By
December 21, 2022
Relentless inflation means drivers are still stressed about gas even as prices fall
Finance

Relentless inflation means drivers are still stressed about gas even as prices fall

By Cathy Bussewitz, David McHugh and The Associated Press
December 16, 2022
EU logo with Russian flag on screen with EU Commission press release on mobile
Finance

E.U. and G7 boycott on Russian crude sparks rise in oil prices

By Elaine Kurtenbach and The Associated Press
December 5, 2022
Biden crowned world energy czar as diplomacy triumphs over Putin’s tantrums

Biden crowned world energy czar as diplomacy triumphs over Putin’s tantrums

By Jeffrey Sonnenfeld and Steven Tian
December 5, 2022
Joe Biden accuses oil companies of ‘war profiteering’ and threatens a windfall tax if they don’t increase domestic production
Politics

Joe Biden accuses oil companies of ‘war profiteering’ and threatens a windfall tax if they don’t increase domestic production

By Zeke Miller, Seung Min Kim and Bloomberg
October 31, 2022
The global energy crisis is making the case for renewables beyond climate change
Commentary

The global energy crisis is making the case for renewables beyond climate change

By
September 22, 2022
Recession or resilience? Here’s how the U.S., Europe, and Asia stack up

Recession or resilience? Here’s how the U.S., Europe, and Asia stack up

By Philipp Carlsson-Szlezak and Paul Swartz
September 12, 2022
Oil pumpjacks
Finance

Oil hits its lowest price since March as soaring U.S. inflation inspires fear of bigger interest rate hikes

By Alex Longley and Bloomberg
July 14, 2022
The U.S. needs a Russian oil price cap by the end of 2022 to stop gas prices from skyrocketing
Finance

The U.S. needs a Russian oil price cap by the end of 2022 to stop gas prices from skyrocketing

By Fatima Hussein and The Associated Press
July 13, 2022
G7 Leaders Convene For Summit
Politics

G7 exploring an oil price cap—but analysts warn the move could prompt Russia to cut Europe off completely

By
June 28, 2022
How Putin’s invasion of Ukraine could drive advances in energy technology
Commentary

How Putin’s invasion of Ukraine could drive advances in energy technology

By
June 28, 2022
U.S. President Joe Biden, Boris Johnson, Prime Minister of Great Britain, Fumio Kishida, Prime Minister of Japan, Ursula von der Leyen, President of the EU Commission, Charles Michel, President of the EU Council, Mario Draghi, Prime Minister of Italy, Justin Trudeau, Prime Minister of Canada, Emmanuel Macron, President of France, German Chancellor Olaf Scholz (SPD),on the last day of the three-day G7 summit.

The G7 is planning to tackle China in 3 ways—and it’s working on price caps for Russian oil

By
June 28, 2022

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