opec

Saudi Arabia gives oil price thumbs up

OPEC might as well have just one member. Saudi Arabia is the largest crude producer in the cartel. If it does not go along with an increase or cut in...

OPEC to hold supply steady, again

OPEC has been fairly quiet recently. There have not been the usual comments from members that prices are too low for their economies to prosper. That...

OPEC minister predicts $75 oil

Will oil keep going higher? The oil minister of Saudi Arabia thinks so, even though OPEC does not appear ready to change its production targets in...

Are speculators pushing up oil again?

Is the price of oil being artificially boosted again by speculators and investors?

Driven to dizzying heights near $150 in 2008 during the recent...

OPEC cuts its oil forecast again

Anyone counting on a rapid turnaround in the U.S. and global economies may be in for a rude reality. Or perhaps, a crude reality.

OPEC cut its 2009...

Think tank expects oil demand to crash

There are two schools of thought on oil prices. The first is that the recession will not last long and that exploration by major oil companies has...

Russia pushing for higher crude prices

Russia is one of the largest oil producing nations in the world. The falling price of crude has clearly hurt its economy, but the country has seemed...

Will oil keep rising?

Oil has been hovering above $50 for over a week. The argument that it won't go higher is simple: The recession will keep demand down.

But the case...

Can OPEC stop the oil price slide?

No doubt this next discussion will cause readers to do a double-take over their morning cup of coffee. But comments and brickbats welcome.

Here's the...