Riyadh has committed itself to a high-stakes game of chicken with upstart U.S. shale producers, hoping the high cost of fracking will make American companies blink first. But the costs are mounting for the Saudis as well.

The oil cartel has so far resisted cutting production, but bargain prices are making some of its members increasingly restive.

Oil sands producers have already invested too much money to stop pumping crude, despite plunging prices.

Russia and Venezuela are both reeling from bargain-priced oil, but there’s little the two countries can do about it bilaterally.

Bargain-basement oil prices have Venezuela on the ropes, but don’t expect the Saudis to cave in and cut production.

All the pieces are in place for oil prices to plunge into the $30 range. Are producers and petrostates ready?

Analysts don’t expect crude prices to rebound anytime soon. That’s good news for consumers, but quite scary if you’re in the business of selling oil.

Sanctions and bargain oil prices are hamstringing Moscow’s ability to plan for its energy future.

Historically low oil prices aren’t crippling the shale industry the way many predicted they would.

A new IEA report shows oil supply outstripping demand by 3 million barrels per day, the biggest such gap in 17 years.