The oil-price war between Saudi Arabia and Russia is set to unleash the biggest flood of crude ever seen, perhaps more than the world can even store. As producers ramp up Continue Reading
Oil prices will likely remain at current depressed levels for months amid a price war and the fight for market share while the coronavirus outbreak batters oil demand, a Reuters Continue Reading
Oil prices have fallen nearly 50 percent since the start of the year and the short-term outlook isn’t looking very promising as OPEC and Russia continue to boost supply. It Continue Reading
The world is significantly falling short when it comes to efforts to curb climate change, according to a new report released Tuesday by the World Meteorological Organization. The intergovernmental organization’s Continue Reading
America’s simmering confrontation with Iran heated up again this week, with an exchange of deadly attacks between an Iranian-backed militia and U.S. forces in Iraq. U.S. commanders warn that the conflict Continue Reading
Multiple rockets fell on Saturday morning inside Iraq’s Taji military base that houses U.S.-led coalition troops, for the second time in a week, security sources told Reuters. An Iraqi colonel Continue Reading
Iraq condemned overnight U.S. airstrikes on Friday, saying they killed six people and warning of dangerous consequences for what it called a violation of sovereignty and targeted aggression against the Continue Reading
Saudi Arabia is flooding markets with oil at prices as low as $25 per barrel, specifically targeting big refiners of Russian oil in Europe and Asia, in an escalation of Continue Reading
To do that, China relied on mandates from central authorities against hoarding and profiteering. Private companies, including JD.com Inc. and Walmart Inc., rerouted trucks and located supplies that otherwise might Continue Reading
Leaner days are back in the oil patch of South Texas. Once-busy roads are empty except for the workers repairing the potholes from the damage done by truck traffic in Continue Reading
