The new reality has forced the Kremlin to raise taxes and increase debt, and hovers over peace talks with Ukraine.
Russian oil is trading at about $50 a barrel. That's well below Moscow's forecasts, but not low enough to force Vladimir Putin into major policy shifts.
Previously, we reported that the national average price of gasoline in the United States has dropped below $3 a gallon for the first time in years, in large part due to OPEC+ returning more barrels to ...
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How Low Can Crude Oil’s Price Fall?
In my October 28, 2025, recap of the energy sector in Q3 on Barchart, I concluded with: Crude oil is the leading energy commodity that continues to power the world. U.S. energy policy, OPEC+ ...
Almost every day, an oil tanker arrives off the coast of Guyana to pick up a cargo that could reach a buyer practically anywhere on the planet. The stream of shipments is all the more remarkable ...
Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. Saudi Energy Minister Abdulaziz bin Salman Al Saud delivers a ...
The current OPEC+ high supply is known to hurt demand, as intra-organizational dynamics point to some members wanting to restrain margins to capture market share. The market could also be pricing a ...
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