energy & politics

Oil & Politics provides accessible and concise analysis on current and historical events about the intersection between oil, politics and power

Scott McKnight

All tagged oil price

Chesapeake, the giant shale producer, files for bankruptcy, the latest victim of the shale bloodbath

Jun 29

Jun 29 Chesapeake, the giant shale producer, files for bankruptcy, the latest victim of the shale bloodbath

Chesapeake Energy, the natural gas and oil behemoth, filed for bankruptcy protections on June 28, the biggest and most (in)famous victim of the worst crash in oil and gas prices in a generation

The mystery of oil at -$37 per barrel, and what to expect for June contracts

Apr 21

Apr 21 The mystery of oil at -$37 per barrel, and what to expect for June contracts

Explaining the crazy historical anomaly of May oil contracts trading at -$37. But the reality remains simple and cruel: oil at $20 per barrel is still too low for many companies to survive for a sustained period of time

The oil price war is over and cuts promised, but be careful of the hype

Apr 13

Apr 13 The oil price war is over and cuts promised, but be careful of the hype

These mega agreements to cut oil production, for all their flaws—and there are many—marks the end of the oil price war, but it doesn’t mark the end of the oil crisis as the production cuts are inflated and demand showing no sign of return soon

Why are oil prices falling?

Oct 28

Oct 28 Why are oil prices falling?

What has caused this stunning dive in oil prices? Too much production, to be sure, but a the US-China trade spat with no end in sight, and slowing economic activity—and maybe even early signs of a recession—in China.