OPEC output hit a 29 month high in April. So much for the cartel’s price-fixing raison d’etre.

Cheap oil is hurting the Gulf’s petrostates. Can the Saudis win their game of chicken against U.S. shale?

Iran intends to boost oil output, but it also wants the rest of OPEC to make some cuts.

Lifting Western sanctions will boost Iranian oil production and further depress prices. How will OPEC respond?

Russia produced more oil last month than it has at any point during the post-Soviet era.

American crude sells for less than the global benchmark thanks in part to a 1970s-era export ban. Shale operators are less than pleased.

WTI crude hit a six year low this week as US shale producers defy OPEC expectations and keep the oil flowing.

American shale producers are finding ways to keep output up despite plunging prices, defying OPEC’s expectations.

Oil-producing states like North Dakota are now facing the first real challenge to the shale boom.

OPEC’s chief doesn’t think U.S. shale can compete in today’s low-price market. Here’s what he’s missing.