February 11, 2019

Maduro Asks OPEC For Help As U.S. Sanctions Bite

Nicolas Maduro has asked OPEC to support one of its founding members—Venezuela—against the U.S. sanctions on the Latin American country’s oil industry and denounce the “shameless […]
December 1, 2018

Alberta Slashes Economic Growth Forecast As Oil Prices Bite

Canada’s Top Oil Province on Friday lowered its 2019 economic growth forecast as oil prices continue to flounder according to a government statement cited by Reuters. […]
August 30, 2018

Economic Crisis Looms In Iran As Sanctions Bite

In a little over two months, painful U.S. sanctions on Iran’s oil sector will take effect, but the Iranian economy is already showing signs of strain. […]
July 6, 2018

Iran Looks To Barter Oil As U.S. Sanctions Bite

Faced with the return of U.S. sanctions, Iran is studying a revival of a plan to barter crude oil for goods, possibly resuming the scheme that […]