Former Soviet bloc nations have reason to worry about an embargo on Russian oil, but Europeans are finally recognizing the true costs of their longstanding energy dependence on Russia.
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Articles on Crude oil
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The illegal refinery process ignores all environmental, health and safety procedures and can have catastrophic consequences.
Estimates suggest a 10% jump in the price of petrol pushes down demand for petrol 3%. In the past 14 months, the price has jumped 50%.
Most of the emphasis has been on the threat to Europe’s gas needs, but if Russian crude oil is restricted, it will cause even greater problems.
Ghana’s economy is in its most precarious state in decades.
Petrol prices might not drop back to previous levels as stations look to recoup increasing business costs.
Biden ordered the release of 50 million barrels of crude oil to tamp down rising gas prices, the largest drawdown in the reserve’s history.
Crude is key to inflation. Here’s why has it been going up so much.
Irving Oil is transporting Canadian crude oil by tanker through the Panama Canal and the Gulf of Mexico to its Saint John refinery in an effort to offset any impact COVID-19 might have on its supply.
No one wants an oil spill in their backyard. Yet to understand the real-world fate and effects of diluted bitumen — a Canadian oil sands product — that’s exactly what some scientists did.
Investors who think oil is a good long-term bet should read this first.
Sulfur contaminates gasoline and coal, and when these fuels are burned, sulfur dioxide is emitted, causing pollution and respiratory issues. Now there may be a new, cheaper way to remove it.
Trump may find it harder to maintain support for his escalating tariffs on China if the US economy shows further signs of weakness.
The oil-exporting organization may have mustered the political will to cut production, but its disunity remains intact.
Big oil and gas companies spent far more fighting this ballot initiative than the measure’s supporters did.
Pacific salmon are ingrained in the culture and economy of Canada. They are also a key link between ocean and land. But what happens if a pipeline failure contaminates their habitat?
Before World War I, petroleum had few practical uses, but it emerged from the war as a strategic global asset necessary for national stability and security.
OPEC has been declared dead in recent months as the group of oil-exporters has been unable to agree on a plan to stabilize the market. But was it really ever alive in the first place?
The first years of the millennium were kind to government finances. A benign economic environment, and a once-in-a-century commodity boom fuelled by Chinese growth, helped the Federal budget to a cumulative…
American consumers may welcome lower gas prices, but the drop in oil revenues could impact Arab Gulf states and Middle East security. A scholar examines the realities of decreased oil revenues.
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Postdoctoral Fellow, Center for Presidential History, Southern Methodist University
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Scott L. Montgomery is a Friend of The Conversation.
Lecturer, Jackson School of International Studies, University of Washington
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Associate Professor, Finance, The University of Western Australia
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Lecturer, UNSW Sydney
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Professor of Finance, Lancaster University
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Chair, Department of Judaic and Near Eastern Studies, and Associate Professor of Middle Eastern Studies and Public Policy, UMass Amherst
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Professor of Economics, Rose-Hulman Institute of Technology
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Professor of Environment and Development, University of Reading
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Professor of International Business and International Affairs, George Washington University
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Senior Lecturer in Markets, Public Policy and Law, Questrom School of Business, Boston University
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Professor of Geosciences, Penn State
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Andrew Wells Robertson Professor of Economics, Allegheny College
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Senior Lecturer in Sustainability, University of Sydney
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Distinguished Professor of History and Environmental Studies, Penn State
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Senior Research Fellow, Oxford Institute for Energy Studies, University of Surrey
