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Omicron Ends Oil Rally. OPEC+ Decides to Wait and See
The emergence of the new Omicron variant has ended, at least for the moment, the surge in oil prices that has unfolded over the course of much of this year.

China’s Energy Crisis Comes as World Urges Faster Climate Action
Stark mismatches in demand and supply have hit China's power sector as the international community urges a swift shift from fossil fuels.

China’s Power Crunch Hits U.S. Manufacturing, Semiconductors and Local EV Adoption
The impacts of China's power outages on manufacturing have gone global, as the ripple effects begin to emerge.

Making Sense of the Energy Crunch
Across the globe, consumers are scrambling to maintain access to energy.

Risk of Saudi Oil Policy Shift Could Rise in 2022
As peak demand becomes more obvious and decline sets in, the major producers of OPEC+ could see their incentives shift and potentially set off a scramble for market share.

Delta Drags Down Oil, But Lack of New Supply Keeps Prices From Crashing
Oil prices have sunk as concerns grow about the Delta variant.

Will Shale Drillers Return to Old Ways?
While U.S. shale has recovered from a brutal 2020, it remains to be seen how long it will stick to its "capital discipline" mantra.

One Last Oil Boom?
The oil industry is booming. But as global financial markets change and the energy transition continues, it might be the industry's last.

Oil Prices Hit Highest Level Since 2019 as OPEC+ Regains Control
As Brent crosses $70, oil market narratives have flipped to questions over supply rather than demand.

U.S. Shale Steps Up Drilling, But Production Rebound Uncertain
Drilling returns to the shale patch as oil prices rise, but it remains to be seen if this activity will result in production.