Stories Tagged as
OPEC
Saudi Arabia is losing its grip on oil
by
Scott Tong
Oct 2, 2014
A global glut of oil has potential to pit key suppliers in a price war.
Oil from fracking may end U.S. ban on exporting oil
Jun 25, 2014
Ultralight oil made by fracking is seeping through cracks in the U.S. ban on oil exports.
How America helped weaken OPEC
May 30, 2013
The boom in U.S. oil production has disrupted global oil’s pecking order and caused fractures inside the once all-powerful OPEC.
2012 was a gusher year for OPEC
Dec 31, 2012
OPEC earned a record $1 trillion in revenues in 2012, and the average price of oil was the highest ever.
Is the U.S. at risk of another OPEC oil embargo?
by
Scott Tong
Oct 2, 2012
The OPEC oil embargo nearly 40 years was a shock to the U.S. and its economy. But the long-term effects proved a shock to Saudi Arabia and other OPEC members, who learned that oil and politics don't mix.
Oil, gas prices should remain relatively steady
by
Josh Brown
Dec 14, 2011
The Organization of Petroleum Exporting Countries agreed this morning to maintain global production at about 30 million barrels of oil per day.
OPEC agrees on oil output limit
Dec 14, 2011
The Organization of Petroleum Exporting Countries has agreed on an output limit, and it looks like gas prices will remain high for the time being.
For public good, not for profit.
PODCAST: OPEC reaches a deal, iPads in the cockpit
by
Mary Dooe
Dec 14, 2011
Conflict in Washington continues over the possible extension of the payroll tax cuts, as experts disagree whether the measures help or hurt the broader economy. The SEC is pushing for a rule that would disclose the income gap between the average American worker and CEOs. It is about to get a bit more difficult to be a cab driver in Chicago. And what kind of football team will make its home in Los Angeles?
LAURENT FIEVET/AFP/Getty Images
MID-DAY UPDATE: Gary Locke expected to be new U.S. Ambassador to China, Oil prices fall on OPEC discussions
Mar 8, 2011
Today President Obama is expected to nominate Commerce Secretary Gary Locke to be the new U.S. Ambassador to China. He'd be the first Chinese-Ame...