A perfect deal is where all protagonists get something out of it. All oil-producing countries stand to gain if the oil price rebounds. In bare bones, the OPEC+ group led by Saudi Arabia and Russia ...
If found guilty, top executives in two big oil companies could go to jail and the companies risk enormous penalties, including relinquishing an oil-rich region. In what is now one of the biggest corporate corruption ...
In 1974, a legendary bond trader from Salomon Brothers brokered a covert do-or-die deal that would reshape U.S. – Saudi relations for generations, and not become public knowledge until a report from Bloomberg in 2016. ...
Oil prices could soon soar to $100 per barrel amid growing fear about conflict in the Middle East, according to an oil analyst for CNBC. “I don’t think it is unfeasible to see triple-digit oil prices ...
The once booming Venezuela economy is near collapse. Basic necessities like oil and food are in short supply. Political parties are fighting over rewriting the constitution while citizens turn to gas smuggling, bitcoin, and selling ...
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