With the expiration of the waivers now just a little more than two weeks away, the oil market is on edge as the White House weighs its next steps.
The attack on Libya’s capital by a militia called the Libyan National Army threatens to cut off, or at least disrupt, the nation’s oil supply.
Aramco's bond prospectus details a company which has production costs that are less than half of its nearest rival and achieves levels of production greater than ExxonMobil, Chevron, Shell BP and Total combined.
For the United States to realize its foreign policy ambitions, domestic oil demand must be reduced.
U.S. shale is expected to account for nearly three-quarters of global supply growth over the next five years—even as it faces both short- and long-term questions about its viability.
Oil's bullish trend may only prove to be fleeting, with the possibility of another downturn later in the year.
President Trump's latest OPEC tweet has heightened speculation that volatility is returning to the global oil market. But the truth is oil volatility never went away.
While there is a long list of potential factors that could surprise the market in 2019, OPEC+ supply curbs create a tightening baseline that should lead to higher oil prices as the year wears on.
Despite a range of uncertainties looming over the oil market this year, there is a growing sense that OPEC+ might be able to succeed in balancing the market after all.
There may come a day when the U.S. is able to claim that OPEC is finally broken, but that day has yet to arrive.