Crude Economics
Wall Street Won’t Abandon U.S. Shale

American frackers secured more financing from lenders than expected during routine readjustments this week.

Crude Economics
OPEC Selling Oil at Six-Year Low

The oil cartel is selling its crude for less than $40 per barrel, the first time that’s happened this decade.

Crude Economics
Saudi Arabia Touts Green Ambitions

Riyadh submitted a UN climate pledge this week, but underneath these vague green commitments are hard economic concerns.

Crude Economics
Is the Saudi Oil Strategy Working?

Riyadh has pushed OPEC not to cut production in response to falling oil prices. That plan isn’t working out as well as it might have hoped.

Crude Economics
We’re Just Months Away From Iran’s Flood of Oil

Iranian crude is set to douse an already oversupplied global market in 2016.

Crude Economics
Beleaguered Saudis Consider Cutting Domestic Fuel Subsidies

Crunched by cheap oil prices, Saudi Arabia is mulling a cut to domestic fuel subsidies.

Crude Economics
Saudis Fighting Russia for Europe’s Oil Market

Riyadh is cutting oil prices for Europe, hoping to dislodge Moscow’s hold on the regional market. That’s bad news for Putin.

Crude Economics
Adapting to the New Oil Reality

The IEA expects low crude prices to last through 2016. That could spell trouble for petrostates facing budget shortfalls.

Crude Economics
Saudis Race to Bottom of Oil Market

Saudi Arabia is cutting prices on already cheap crude in an attempt to eke out market share. It’s a bad time to be a petrostate.

Crude Economics
When Cheap Oil Raises Meat Prices

Bahrain more than doubled the price of beef and chicken, cutting meat subsidies in the face of falling oil prices.

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