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Crude Economics
Crude Economics
OPEC’s Big Bet Has a Fatal Flaw

US oil companies are in much better shape than the cartel seems to think.

Crude Economics
American Frackers Already Taking Advantage of OPEC’s Actions

The U.S. oil rig count is rising with oil prices.

Crude Economics
Russia Really Doesn’t Want to Cut Oil Output

Russia’s Energy Minister again poured cold water on the notion that Moscow might join OPEC in production cuts.

Crude Economics
Petrostate Production Soars Ahead of OPEC Cut

The cartel is talking about cuts, but all its members are doing is ramping up their output.

Crude Economics
Russia Wants No Part of OPEC’s Cuts

Venezuela wants Russia to reduce production. The Kremlin doesn’t want to play ball.

Crude Economics
US Shale is the Biggest Winner from an OPEC Cut

If OPEC cuts output this November—a big if—American frackers will be cheering the loudest.

Crude Economics
Don’t Look Now, but the Global Oil Surplus Just Tripled

Will this push petrostates to act in Algiers next week?

Crude Economics
How Cheap Crude Is Hurting Saudi Arabia

As the House of Saud cuts spending, the country’s middle class is hurting.

Crude Economics
Petrostates Ramp Up Oil Freeze Rhetoric

We’re one week away from an Algeria meeting that could produce an oil “freeze.”

Crude Economics
Slowing Oil Demand Might Make a Freeze Deal Moot

Limiting oil production won’t accomplish much if demand doesn’t pick up.

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Walter Russell Mead & Staff
Trouble in Brussels

After threatening Putin with new sanctions over Syria, European leaders discover they lack the political will to deliver.

The United States is now going to have to figure out how to help Venezuela avoid completely melting down, with the Venezuelan strongman still at the helm.

Fear the Airpocalypse

Companies are defying orders to cut back on air pollution.

Asia's Game of Thrones

Philippine officials sought to clarify Duterte’s comments on separating from the U.S., but the situation is still murky.

Reefer Madness

Is it Gary Johnson’s world? Not necessarily.


Rosneft CEO Igor Sechin thinks Moscow can add 4 million barrels per day in the coming years.

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