Top Storycommons.wikimedia.org Biden has 'only bad options' for bringing down oil prices The president’s trip to Saudi Arabia is unlikely to reduce oil and gasoline prices, and it is not clear that anything else he might do would work, either.
Causes www.nytimes.com As Russia and Saudi Arabia retreat, U.S. oil industry avoids the worst Job losses and bankruptcies appear certain, but a deal among producers may put a floor under prices for now.
Politics www.nytimes.com OPEC and Russia agree to cut oil production The reductions for May and June were smaller than some investors and analysts had expected, and oil prices gave up earlier gains.
Causes www.nytimes.com Saudi Arabia insisted Aramco was worth $2 trillion. Now it is On their fourth trading day, shares closed with a value that eluded the oil company before its initial public offering.
Causes www.nytimes.com Saudi Aramco announces plans to go public The oil-producing giant, Saudi Arabia’s crown jewel, could become the most valuable company in the world.
