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.
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
Today we look at the UN Security Council special session on Ukraine, a major oil spill spreading to Ecuador’s Amazon region, and more
Vijay Prashad explores what is behind the fueling the border dispute between Guyana and Venezuela: oil and imperialism
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
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?
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
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?
The state-run company is selling 8 refineries, thousands of miles of pipelines, and fuel distributors
A layer of grease that has covered the river has affected fishing and navigation by local communities.