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Up or down?: The mystery over the oil market
Opinion
Oil

Up or down?: The mystery over the oil market

The oil world has had a surprisingly calm reaction to the Middle East conflict this week. That could change quickly.

  • by Stephen Bartholomeusz

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The cheating game inside the world’s oil cartel

The cheating game inside the world’s oil cartel

The OPEC+ group likes to blame everyone else for its problems. It needs to look in the mirror.

  • by Javier Blas
Bleeding billions: The oil cartel is losing control of the market
Opinion
Oil

Bleeding billions: The oil cartel is losing control of the market

The world is overflowing with oil, and OPEC has failed in its latest attempt to stop prices tumbling.

  • by Stephen Bartholomeusz
Relief in sight for motorists as oil prices slide

Relief in sight for motorists as oil prices slide

Petrol prices at the bowser are primed to fall in coming months as a slowdown in major economies reduces demand for oil.

  • by Millie Muroi and Shane Wright
The oil mystery that has the world on edge
Opinion
Oil

The oil mystery that has the world on edge

It is one of the world’s most important markets and powerbrokers are widely split on what its future looks like.

  • by Stephen Bartholomeusz
How the oil cartel’s grip on the world is getting weaker
Opinion
Oil

How the oil cartel’s grip on the world is getting weaker

The OPEC+ oil cartel’s power and influence is waning and it is being forced to make difficult choices as it grapples with a number of threats.

  • by Stephen Bartholomeusz
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The two major threats to a ‘net zero’ world

The two major threats to a ‘net zero’ world

Shell’s head of strategy says the chances of meeting the global carbon emissions targets depend on two crucial factors.

  • by Stephen Bartholomeusz
Why Joe Biden’s real enemy is the price of oil
Analysis
Energy

Why Joe Biden’s real enemy is the price of oil

Joe Biden’s battle for re-election as president of the United States now faces a surprise new threat – the surging price of petrol.

  • by Jonathan Leake
How the US is exploiting the world’s oil cartel
Opinion
Oil

How the US is exploiting the world’s oil cartel

Saudi Arabia and the rest of the OPEC+ cartel have been desperately trying to prop up oil prices over the past 18 months. But they have paid a heavy price.

  • by Stephen Bartholomeusz
Oil prices rise on Middle East tensions as US, UK launch Houthi airstrikes

Oil prices rise on Middle East tensions as US, UK launch Houthi airstrikes

Analysts at Westpac believe oil prices could rise more still as the airstrikes against the Yemeni rebel group continue.

  • by Yongchang Chin
Oil’s global glut threatens to drag prices lower in ‘tricky year’ ahead
Opinion
Oil

Oil’s global glut threatens to drag prices lower in ‘tricky year’ ahead

Traders wonder if OPEC+ will deliver enough of the cutbacks to rein in the looming surplus.

  • by Yongchang Chin and Devika Krishna Kumar

Original URL: https://www.watoday.com.au/topic/organization-of-the-petroleum-exporting-countries-1nud