Oil production

Analysts say OPEC's decision is less about raising prices, and more about stopping them from falling further.

As the Energy Information Administration forecast looks to 2019, experts see lots of wildcards that could impact the carefully played hands of oil and gas producers. Click the audio player above to hear the full story. 

OPEC nations meet this week to discuss cuts to oil production, as prices for crude remain in a slump. Price volatility, changes to car technology, and other major uncertainties are leading to widely divergent views on the future of oil – namely, whether the world will see a peak in demand anytime soon. Click the […]

New York Times senior economics correspondent Neil Irwin talks about the signs of a recession

If U.S. production falls, Iran is ready to export more.

The worst-hit countries are small oil producers that depend greatly on the revenue.