Oil

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A White House proposal to tax crude oil would address the U.S.’s perennially underfunded highway maintenance program. scottummy/flickr

How should America fund its highways in the 21st century?

Obama's proposal to add $10 tax to crude oil raises the thorny question of whether the U.S. can continue to fund its highway infrastructure with a fuel tax that hasn't changed since 1993.
Current conditions make for a wild ride for investors. Scott Ableman/Flickr

Vital Signs: expect more turmoil

Low inflation gives the RBA scope to cut rates in coming months but a lot will turn on whether we continue to see persistently weak GDP growth.
Oil’s continuing slide so far isn’t leading to lower U.S. production, but concerns are growing that it’ll drive some out of business. Reuters

Why do oil prices keep going down?

Producers keep pumping more oil, even as prices are falling to fresh 12-year lows every day. What's driving this?
Muhammadu Buhari has finally put in place a cabinet that can get on with the job of running the country. EPA/Deji Yake

The strategic business of running Nigeria can now begin

President Buhari's cabinet selection brings hope. The major challenge now is to delivery on his promise to fight corruption, restructure Nigeria's economy and reduce poverty.
A billboard campaigning against crude oil theft. Nigeria is under pressure from falling oil prices and China’s economic slowdown. Reuters/Akintunde Akinleye

What Nigeria can do to weather low oil prices and slow economic growth

How should Nigeria weather yet another episode of oil price shock? This time it's likely to be worsened by two events of significant global effect.

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