Donald Trump doesn’t like high oil prices. Oil cartel Opec does. But it doesn’t matter what either of them wants – they don’t control the oil price. John Stepek explains what does.
We're on the cusp of a revolution in the energy industry. It's one that could redraw the energy map of the world, give humanity the ability to tap essentially unlimited power sources, and – if you make the right investments – make a fortune for investors.
In short, we're living through a change in the way the world produces and consumes energy. It is a transition that's well under way. And it's being driven by the convergence of several key technological trends that are showing no sign of abating.
While you wouldn't be alone in thinking that solar power was further away than ever, you could be wrong. Solar is on the brink of becoming the world's dominant energy source.
The oil price has refused to budge despite oil cartel Opec and Russia cutting back on production. John Stepek explains why, and looks at what that means for investors.
Statism and corporatism led to misplaced support for flawed diesel engines, argues James Lewisohn.
Saudi Arabia’s finance minister says Opec will do “whatever it takes” to bring the oil price under control. Will it succeed? John Stepek investigates.
In trying to beat US shale oil producers, Opec has a serious fight on its hands. And it’s only going to get harder.
Matthew Partridge’s bet on the oil price is becoming increasingly frustrating.
Despite the efforts of Opec and Russia, the price of a barrel of oil remains depressed. And it’s unlikely to climb much any time soon. John Stepek explains why.
Every year “the men from Hacienda” gather to discuss one of the most hotly anticipated deals in banking.