Stories Tagged as
Oil prices
What goes into OPEC's decision-making?
May 31, 2024
The cartel wants to manipulate production to push up prices and demand.
The price of oil is up. That's a hint at what may be coming for the global economy.
Mar 14, 2024
Higher prices can correlate with economic strength. Also, OPEC is holding back supply.
Gas prices inch down as outlook appears stable
Jan 8, 2024
Gas is close to the $3 per gallon mark and has broken that in parts of the South.
OPEC+ members say they'll cut oil production. Global markets don't seem to believe them.
Nov 30, 2023
Production cuts may no longer be as effective at propping up prices because electric vehicles are cutting into global demand.
Delay of OPEC+ meeting leaves questions about oil supply cuts
by
Henry Epp
Nov 22, 2023
The expectation was that OPEC countries would continue cutting back supply. Some think the delay may mean there’s disagreement about that.
Israel-Hamas war's human cost is primary, but geopolitical risk to economy persists
Oct 18, 2023
If the conflict widens to include direct confrontation with other nations in the Middle East, the economic shockwaves could be significant.
Why are oil prices suddenly dropping?
Oct 6, 2023
Since the end of September, Brent Crude has been sliding — down to the $84-a-barrel range, more than a 10% decline in just over a week. This is also playing out at the pump, with gas down about eight cents a gallon in the last week.
For public good, not for profit.
High oil prices may hurt poorest Americans most
Sep 27, 2023
Tight global supply raises costs for industry and motorists, but for now, the pain is milder than it was during price spikes decades earlier.
Falling import prices are good news in the fight against inflation
by
Justin Ho
Jul 14, 2023
It's mostly down to the falling price of oil, but the ingredients and materials manufacturers use are getting cheaper too.
U.S. crude is playing a bigger role in pricing global oil
by
Lily Jamali
Jul 12, 2023
The addition of American crude oil to the Brent benchmark had an immediate impact on global oil prices.