OPEC
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Is UAE departure the death blow for Opec?Today's Big Question Loss of third-biggest oil producer and one of longest-serving members could be existential threat to alliance, as other countries ‘chafe’ under production quotas
By Harriet Marsden, The Week UK Published
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UAE quits OPEC, eroding oil cartel’s leverageSpeed Read The country had been the organization’s third-largest producer
By Peter Weber, The Week US Published
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How might the Israel-Hamas war affect the global economy?Today's Big Question Regional escalation could send oil prices and inflation sky-high, sparking a worldwide recession
By Elliott Goat, The Week UK Published
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Has Saudi Arabia lost control of oil prices?Today's Big Question Kingdom goes it alone to cut production, risking tension with US and reigniting cooling inflation in Europe
By The Week Staff Published
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Global oil storage almost ‘overwhelmed’ as price plummetsIn Depth Industry facing ‘toughest month ever’ as demand hits 25-year low
By The Week Staff Last updated
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Opec to cut oil production as coronavirus hitsIn Depth Plummeting prices mean oil-selling nations want production cut, but they must act together and Russia seems reluctant
By William Gritten Last updated
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How could Iran war affect oil prices?Speed Read Historical precedents have only limited relevance to modern market
By The Week Staff Last updated
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Why Qatar is withdrawing from OpecIn Depth Doha denies that diplomatic dispute with Saudi Arabia is behind decision to leave cartel
By The Week Staff Last updated
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Will Saudi Arabia boost oil production?Speed Read Iran urges Opec to honour output cut as Trump tweet sends prices plummeting
By The Week Staff Last updated
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Donald Trump takes aim at Opec over high oil pricesSpeed Read Iran hits back, accusing the US President of stoking volatility by withdrawing from the nuclear deal
By The Week Staff Last updated
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Oil prices hit four-year highSpeed Read US withdrawal from Iran nuclear deal, deteriorating situation in Venezuela and Opec cuts drive up Brent Crude prices
By The Week Staff Last updated
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Can Emmanuel Macron save the Iran nuclear deal?Speed Read French President faces uphill battle to win over Donald Trump as US exit looms
By The Week Staff Last updated
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US to be crowned oil king of the worldSpeed Read Saudi Arabia and Russia are set to be overtaken as the energy world order is upended
By Elliott Goat, The Week UK Last updated
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Oil prices hit two year high after Saudi purgeSpeed Read Rising prices could hit British drivers and intensify inflation threat facing UK
By The Week Staff Last updated
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