What Could Make Oil Reach $200 Per Barrel?
Oil at $200 would require multiple simultaneous supply shocks. Here are the specific conditions that could push crude to that level — and how likely each one is.
Oil Market Explainers
Why Does Diesel Cost More Than Gasoline at the Pump?
Diesel is simpler to refine than gasoline, so why does it cost more? Taxes, global demand, and a shift in world energy markets changed the math sometime around 2004.
The Strategic Petroleum Reserve: America's Oil Emergency Fund
The SPR is the world's largest emergency oil stockpile, and the U.S. government has used it as a market tool more than once. Here's how it works and why it matters.
How Gasoline Prices Are Actually Set: From Crude to Pump
The price on the pump sign isn't random, it's the sum of crude oil, refining margins, distribution, taxes, and the station's razor-thin cut. Here's how it all adds up.
Contango vs. Backwardation: What the Oil Futures Curve Is Telling You
The shape of the oil futures curve reveals more about supply and demand than any single headline. Here's how to read it, and why it matters more than the spot price.
How the Oil Price Affects Houston. A Local Perspective
Houston is the energy capital of the world. When oil prices move, the city moves with them, though the relationship is more nuanced than it used to be.
Natural Gas vs. Oil Prices. Are They Related?
Natural gas and crude oil are both fossil fuels, but their prices often move independently. Here's why, and when the relationship actually matters.
The EIA Weekly Inventory Report. What It Is and Why It Moves Markets
Every Wednesday morning, the U.S. Energy Information Administration releases a report that moves oil prices more reliably than almost anything else. Here's how to read it.
OPEC+ Explained. Who They Are and Why They Move Markets
OPEC+ is the most powerful production cartel in the world. Here's how it works, who's in it, why it matters, and where its limits are.
What Moves the Price of Oil?
Oil prices don't move randomly, even when it feels that way. Here are the actual drivers, supply, demand, sentiment, and the variables that connect them.
WTI vs. Brent Crude Oil. What's the Difference?
Two benchmarks dominate global oil pricing. Here's why both exist, how they differ, and what the spread between them tells you about the market.
What Is WTI Crude Oil?
WTI. West Texas Intermediate, is the benchmark for U.S. oil pricing. Here's what it actually is, where it comes from, and why it matters.