Expert: Trump Also Considering Embargo Against Venezuela's Oil

Energy | Andrew Follett
HERSHEY, PA - DECEMBER 15, 2016: President Trump "Cheshire cat" smile during his speech at a "Thank You" Tour rally held at the Giant Center. (Shutterstock/Evan El-Amin)

‘Some short term pain for some long-term gain’

This OPEC Country Isn't Complying With The Saudi Plan To Boost Oil Prices

Energy | Andrew Follett
Oil pumps on dollar banknotes. Oil rig cash money Conceptual 3D illustration. (Shutterstock/AKOBCHUK VASYL)

‘Too much production capacity outside of the OPEC + Russia group’

Socialist Venezuela Dissolves Congress In A Coup

World | Andrew Follett
CARACAS, VENEZUELA - MARCH 16, 2014: Venezuelans protest in the street against the government for human rights violations and killings of civilians in peaceful demonstrations (Shutterstock/GMEVIPHOTO)

‘Nicolas Maduro has staged a coup d’etat’

Venezuelan Currency Slowly Getting Replaced By Pepe Memes

World | Andrew Follett
Woman setting American one dollar bill on fire (Shutterstock/Alan Bailey)

Making it harder for Venezuela’s socialist gov’t to control the tech industry

Saudi Arabia 'Losing Its Grip' On Global Oil Supply

Energy | Andrew Follett
Landscape image of a oil well pumpjack wiith an early morning golden sunrise and American USA red White and Blue Flag background. (Shutterstock/James BO Insogna)

‘Saudi Arabia is under extraordinary pressure both internally and externally’

Venezuela Threatens To Seize Control Of All Bakeries

Energy | Andrew Follett
Illustration of a long shadow tableware vector illustration with the communist symbol (Shutterstock/Blablo101)

‘Inefficiency and corruption that is paid for by the Venezuelan consumer’

Letter Bomb Explodes In Paris International Monetary Fund Office

World | Russ Read
French CRS police stand guard in front of the church a day after a hostage-taking in Saint-Etienne-du-Rouvray near Rouen in Normandy, France, where French priest, Father Jacques Hamel, was killed with a knife and another hostage seriously wounded in an attack on the church that was carried out by assailants linked to Islamic State. REUTERS/Pascal Rossignol

It is unclear who sent the bomb

Intelligence Report: Anti-Fracking Enviros Are Funded By Vladimir Putin

Energy | Andrew Follett
Vladimir Putin (Credit: Frederic Legrand - COMEO / Shutterstock.com)

‘Clear evidence that the Kremlin is financing anti-fracking propaganda’

Russia's Former Oil Chief: US Energy Independence 'Quite Realistic' Under Trump

Energy | Andrew Follett
Landscape image of a oil well pumpjack wiith an early morning golden sunrise and American USA red White and Blue Flag background. (Shutterstock/James BO Insogna)

Russia might need US oil to save itself …

OPEC's Deal To Boost Oil Prices Already Falling Apart

Energy | Andrew Follett
Oil pumps on dollar banknotes. Oil rig cash money Conceptual 3D illustration. (Shutterstock/AKOBCHUK VASYL)

OPEC’s own members are screwing up its plans

Cheap Oil Could Basically Bankrupt Russia In Only 6 Months [VIDEO]

Energy | Andrew Follett

‘Oil is the leading cause of Russia’s current economic crisis’

Three Member Countries Bail On OPEC's Plan To Raise Oil Prices

Energy | Andrew Follett
Oil pumps on dollar banknotes. Oil rig cash money Conceptual 3D illustration. (Shutterstock/AKOBCHUK VASYL)

They simply can’t sustain cheap oil prices

OPEC Leaves Venezuela Floundering With No Decision On Oil Production

Business | Robert Donachie
Venezuela's President Nicolas Maduro (top C) greets supporters as he arrives for his weekly broadcast "En contacto con Maduro" (In contact with Maduro) in La Victoria, Venezuela November 20, 2016. Miraflores Palace/Handout via REUTERS

Venezuela: Can we please stabilize oil now?

Gloomy Forecast From IMF After Brexit

World | Robert Donachie
OECD Secretary General Jose Angel Gurria (from 2nd L-R), Italy's Finance Minister Pier Carlo Padoan, Britain's Chancellor of the Exchequer George Osborne, Germany's Finance Minister Wolfgang Schaeuble, France's Finance Minister Michel Sapin, Spain's Finance Minister Luis de Guindos and International Monetary Fund (IMF) Managing Director Christine Lagarde hold a news conference at the IMF/World Bank Spring Meetings in Washington April 14, 2016. REUTERS/Jonathan Ernst

Slowest growth since the financial crisis …

Saudi Arabia Snubs OPEC And Embrace Low Oil Prices

Energy | Andrew Follett
Oil production on a Middle East Saudi Arabian industrial background (Shutterstock/LANTERIA)

Cheap oil is generally good news for America.

Hey Obama, If The Economy Is Doing So Great, Why Is The IMF Worried About Us?

Business | Christian Datoc
President Barack Obama (Getty Images)

‘The U.S. faces potentially significant longer-term challenges to strong and sustained growth’

Iranian Professor: 'OPEC Is Finished'

Energy | Andrew Follett
Arab on seaside near oil rig. (Shutterstock/Elnur)

‘OPEC is just powerless’

Report: Middle Eastern Economies Took A Beating In 2015 Over Rock-Bottom Oil Prices

Energy | Chris White
A worker at an oil field owned by Bashneft, Bashkortostan, Russia, in this January 28, 2015 file photo. REUTERS/Sergei Karpukhin/Files

‘2016 is year number two in a multi-year adjustment process to reach balanced budgets’

OPEC Civil War: Saudi Arabia Closes Its Ports To Iranian Oil

Energy | Andrew Follett
Iranians burn a gas station and nearby cars during a protest against gas-rationing, in northwest Tehran June 26, 2007. Angry Iranians set fire to a Tehran petrol station and chanted anti-government slogans in a northwest area of the capital on Tuesday in protest against fuel rationing introduced in OPEC's number two oil producer. REUTERS/Raheb Homavandi

Iranian vessels carrying the crude oil are restricted from entering ports in Saudi Arabia and Bahrain.