Crude oil
Dialogue between US and Venezuela advances step further

Venezuela received a visit from a US delegation amidst US and European efforts to tackle a brewing energy crisis driven by the imposition of sanctions on Russia.

Migrant delivery workers strike for fair pay and conditions in Dubai and other stories

Today we look at a strike by food delivery workers in Dubai, the conviction and sentencing of an Indigenous land defender in Canada, and more

UN Security Council holds session on Ukraine, Poland pledges arms and other stories

Today we look at the UN Security Council special session on Ukraine, a major oil spill spreading to Ecuador’s Amazon region, and more

How ExxonMobil uses divide and rule to get its way in South America

Vijay Prashad explores what is behind the fueling the border dispute between Guyana and Venezuela: oil and imperialism

Oil industry faces existential crisis

Newsclick’s Prabir Purkayastha analyses the state of the global oil market, the geo-strategic implications and the future of oil consumption keeping in mind the nature of the pandemic

Why did US oil prices fall to negative?

For the first time in history, US crude oil prices became negative. Prices of West Texas Intermediate (WTI) crude oil for May fell to -$37 per barrel on April 20. Why did this fall happen?

oil prices crash COVID US crude oil prices go down in negative for the first time in history

The fall in the futures market shows that the production cut by OPEC+ members may not be enough to address the drastic drop in demand due to the ongoing COVID-19 pandemic

Corona shock to the world oil order

The post second World War US hegemony was based on oil prices being pegged to the dollar. Will the hegemony of the dollar survive the corona oil shock?

Oil workers go on indefinite strike against mass layoffs and dismantling of Petrobras

The state-run company is selling 8 refineries, thousands of miles of pipelines, and fuel distributors

Oil pipeline blast in Nigeria Nigeria: More than 50 reported missing after the oil pipeline explosion in Niger Delta

A layer of grease that has covered the river has affected fishing and navigation by local communities.