Petroleum

Opinion Articles

Riyadh is pushing to keep the oil taps open at Friday’s OPEC meeting. That’s a direct challenge to enemies in Tehran and Moscow, not U.S. wildcatters.

Opinion Articles

 While Yemen contributes less than 0.2 percent of global oil output, its location puts it near the center of world energy trade.

The nation shares a border with Saudi Arabia, the world’s biggest crude exporter, and sits on one side of a shipping chokepoint used by tankers heading West from the Persian Gulf. Global oil prices jumped more than 5 percent on Thursday after regional powers began bombing rebel targets in the country that produced less than Denmark in 2013.

Opinion Articles

As oil prices dwindle, Iraq needs to increase its oil output to offset missed production targets over the past few years.

Opinion Articles

The dramatic drop in oil prices—and the low likelihood that they will return to above $100 per barrel—have Algerian authorities worried, given the country’s heavy reliance on hydrocarbons revenues.

Opinion Articles

Oil prices affect Iran in the short, medium, and long terms, albeit in different ways. With a budgetary break-even price of $131-36 per barrel,

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