oil prices

The Biden administration’s early days in office prompted many to say that the American oil and gas industry was condemned. However, Washington has yet to make a move that would seriously threaten producers.

Africa’s second-largest oil producer had been going through a rough patch since the 2014 oil-price collapse – and then came the pandemic. The country’s prospects for post-Covid recovery are hampered by crippling foreign debt and lack of progress in economic diversification. However, Angola has an important edge in sub-Saharan Africa ...

As oil grows out of fashion, Saudi Arabia is banking on natural gas. Not only can it help the country generate electricity, it can also provide a crucial basis for a robust petrochemical industry. Riyadh wants to become a gas exporter by 2030 as well, but that goal may be ...

Tehran retains both economic and security dominance over Iraq. The new prime minister in Baghdad, Mustafa Al-Kadhimi, came to power on a wave of anti-Iranian sentiment and is working to slowly chip away at the institutions that secure Iran’s stranglehold. To achieve that goal, however, he will need his supporters ...