Low oil prices: Good news & bad news

Low oil prices: Good news & bad news

Crude oil is arguably the most important traded commodity. Despite efforts to switch to other energy sources, most countries — particularly in the West — still rely heavily on oil to fuel transport, heating and industry. In the past, industrial nations had...
Oil continues to flow

Oil continues to flow

By Girish Gupta When Hugo Chávez came to power in Venezuela in 1999, U.S. Ambassador to Caracas John Maisto said the U.S. government should watch what Chávez did, not listen to what he said. Chávez’s rhetoric was indeed fiery. Seven years after coming to power, he...
Tag: <span>Venezuela</span>