Oil ministers meeting this coming week are expected to continue an agreement to reduce production.
Author: STANLEY REED
The Oil Market Shows It Can Take a Punch
The Persian Gulf crisis has not ignited a major price spike, thanks to growing oil production in the U.S. and a slowing in overall demand.
How Tanker Attacks in the Strait of Hormuz Could Affect Oil Prices
The skinny waterway, the gateway for a third of all crude oil by tanker, has become a security risk that could threaten the oil market.
Saudi Oil Infrastructure at Risk as Small Attacks Raise Potential for Big Disruption
Saudi Arabia spent heavily to protect its oil production lines but rapid changes in technology may mean ports and pipelines are increasingly exposed in the turbulent region.