No other petrostate is reeling from the bearish crude market more than Venezuela.

Shale’s resilience has put Saudi Arabia and the rest of the world’s petrostates in a very tight spot.

Oil prices are plunging once again, erasing brief gains made this spring.

Cheap oil is crushing Russia’s economy, and with the bullish days long forgotten, Moscow’s military budget might be affected.

Bargain crude was supposed to be a net positive for the U.S. economy, but so far it’s hurt GDP. Is that about to change?

The Iran nuclear deal could heighten tensions within OPEC.

The decline in UK North Sea oil production may be even steeper than first thought as low prices threaten to set off a “domino effect.”

Saudi Arabia is borrowing money to cover budget deficits even while pumping record amounts of oil in an attempt to disrupt American shale.

Crude is trading at less of a discount stateside as compared to the rest of the world, undercutting arguments for ending the U.S. export ban.

OPEC saw its global market share slip last year to its lowest level since 2003.