oil prices

World News
Economy

As Oil Prices Fall, Who Wins And Who Loses?

2:47pm October 16, 2014

by Greg Myre

Prices are down 25 percent since June, unleashing ripples around the globe that range from lower gas prices in the U.S. to budget problems in Russia to political pressures in the Middle East.

A soldier guards a pipe en route to the Kawergosk Refinery near Irbil, the capital of the autonomous Kurdish region of northern Iraq, in July. Fighting in northern Iraq forced the closure of the country's largest oil refinery, Baiji, and cut production fr

World News
National
Economy

With Turmoil Roiling Abroad, Why Aren't Oil Prices Bubbling Up?

8:32am September 16, 2014

by John Ydstie

Conflict in oil-producing regions usually sends oil prices higher. But the cost of oil has actually dropped, despite turmoil in the Middle East. Economists say it's a matter of supply and demand.

Queue Listen Now