Tag: Organization of the Petroleum Exporting Countries

Falling Oil Prices Defy Predictions. But What About the Next Chapter?

Oil is under $90 a barrel, and consumers are benefiting. Geopolitics, the economy and unforeseen events will determine whether the relief will last.

August 15, 2022
To Counter Putin, Biden Tries to Assemble an Upside-Down Cartel

President Biden led his Group of 7 counterparts to agree on a plan that would cap the price of Russian oil, a daunting goal that risks the Kremlin restricting supply even further.

June 28, 2022
To Cut Gas Prices, Congress Should Allow the U.S. to Sue OPEC

Congress should allow the Justice Department to sue OPEC for violating antitrust laws.

June 3, 2022
Biden will tap oil reserve, hoping to push gasoline prices down.

The administration said the president would announce a plan to release reserves of crude daily for six months.

March 31, 2022
Soaring Cost of Diesel Ripples Through the Global Economy

Russia’s war in Ukraine has caused a steep rise in a fuel essential to truckers, farmers and industry. Europe is hardest hit.

March 31, 2022