Articles on Oil

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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.
The Arak heavy-water reactor has been at the center of concerns about potential Iranian nuclear proliferation. Stringer/Reuters

The alarming consequences of scuttling the Iran nuclear deal

Critics of the nuclear deal with Iran have good reasons to be skeptical, but blocking the deal would make the United States and its allies less secure.
Increased oil and gas revenues amid lifted sanctions are set to raise Iran’s economic fortunes, which ease Middle Eastern tensions. EPA/Abedin Taherkenareh/AAP Image

Energy and economic diplomacy can trump the nuclear ‘threat’ of the Iran deal

Opponents of the Iran nuclear deal say it raises the nuclear weapons threat in the region. But Middle East tensions are actually likely to ease as Iran grows richer without being shackled by sanctions.

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