Stories Tagged as
Oil production
OPEC grapples with sliding oil prices
by
Lily Jamali
May 10, 2023
The cartel releases its monthly oil market report on Thursday.
OPEC+ agrees to boost oil production. But probably not enough to lower prices.
by
Justin Ho
Aug 3, 2022
The small increase of 100,00 barrels a day may be a sign that the cartel thinks a recession is coming.
Why OPEC might decide to take a break from its alliance with Russia
by
Andy Uhler
Jun 1, 2022
Russia is the world's third-largest oil producer — such a decision won't be made lightly.
Domestic oil could increase supply, but it won't be cheap — or quick
by
Andy Uhler
Mar 9, 2022
"The harsh reality for U.S. oil markets is that there is no switch that anyone can flip to suddenly turn on oil production overnight," one expert told us.
What does OPEC have to say about the Russian oil situation? Not much.
Mar 9, 2022
Part of it comes down to the oil world's "delicate equilibrium."
In West Texas, astronomers worry about growing oilfield light pollution
Jul 9, 2021
A major Texas observatory is trying to convince oil and gas companies to minimize light pollution from drilling rigs and gas plants.
Oil prices are high. So why aren't U.S. oil producers drilling?
by
Andy Uhler
Jul 6, 2021
Two reasons: reluctant investors and potential regulations.
For public good, not for profit.
OPEC delays and spending cuts: Uncertainty abounds in the oil and gas industry
by
Andy Uhler
Dec 1, 2020
OPEC and its allies are having trouble coming to an agreement, because individual countries see thing differently.
Can even a deal to cut oil production increase prices amid COVID-19?
by
David Brancaccio
, Rose Conlon
and Alex Schroeder
Apr 10, 2020
Demand for oil is falling so quickly that even a reduction in supply will take some time to affect markets.
OPEC fights falling prices with production cuts
by
Justin Ho
Dec 7, 2018
Analysts say OPEC's decision is less about raising prices, and more about stopping them from falling further.