64 years later, CIA finally releases details of Iranian coup
Known as Operation Ajax, the CIA plot was ultimately about oil.
Posts
Libya’s increased oil production thwarts OPEC’s reduction plans
The biggest wild card in the equation — one that could tip prices at the pump from one day to the next — is oil-rich Libya, among the most unstable countries in North Africa.
OPEC took aim at U.S. oil producers, but hurt itself, too
Picture a three-year-old tug of war waged across the globe that leaves both sides wobbly and scarred but unmoved. That’s one way of looking at the high-stakes competition between the world’s big oil exporters and the companies drilling in American shale fields.
The long-term price of oil is…
What’s the right way to think about the long-term price of oil? This question consumes the industry — and markets — no matter what prices are on any given day.
With ban lifted, U.S. oil exporters starting to flex their muscles
During the first four months of 2017, the U.S. exported three times more crude oil to international counterparties than during the same timeframe in 2016. Including shipments to Canada, exports of crude oil exceeded 1.0 million barrels per day (bpd) in both February and April.
Experts say U.S. leaving Paris climate deal likely wouldn’t add jobs
President Donald Trump has declared that abandoning the Paris climate agreement would be a victory for the American economy. Many economists have big doubts.
Gas guzzlers rule in China
The Chinesegovernment’s plan to replace gasoline-powered cars with a new generation of electric vehicles has hit an unexpected bump: Chinese consumers’ love affair with gas-guzzling sport-utility vehicles.
A Chinese student praised the ‘fresh air of free speech’ at a U.S. college. Then came the backlash.
When Yang Shuping spoke Sunday of her eternal gratitude to the University of Maryland for teaching her about “free speech” and showing her that her “voice mattered,” she may not have realized just how much it mattered.
Electric car price parity expected next year — report
Electric cars will be cheaper much sooner than expected, with prices in Europe comparable with traditionally powered vehicles next year, according to a report from investment bank UBS.
Smog in China closes schools and construction sites, cuts traffic in Beijing
Much of the Chinese capital shut down Tuesday after Beijing’s city government issued its first red alert for pollution, closing schools and construction sites and restricting the number of cars on the road.
