Global Energy Prices

Oil prices are a major force in shaping the international system, and major price shifts create long-term changes in relations among nations. Price surges and crashes create different sets of winners and losers.

Key Analysis
Venezuela's coat of arms
THOMAS COEX/AFP/Getty Images
The Venezuelan coat of arms
Venezuela: Credit Downgrades and Trouble Ahead
December 16, 2008 1919 GMT
A credit downgrade spells bad news for Venezuela. [more]
Iranian President Mahmoud Ahmadinejad
Iran: Economic Isolation and Crisis
December 16, 2008 1848 GMT
Iran's international isolation gives it few options for dealing with plunging oil prices. [more]
Geopolitical Weekly
Graphic for Geopolitical Intelligence Report
Falling Fortunes, Rising Hopes and the Price of Oil
December 15, 2008 1920 GMT
Just as high oil prices reworked the international economic order, low oil prices are now doing the same. [more]
Russian President Dmitri Medvedev (R) and Russian Finance Minister Alexei Kudrin
Russia, Iran: Learning to Operate With Less
November 12, 2008 1801 GMT
Falling oil prices are causing exporters to adjust to the price plunge and lower their income forecasts for the coming years. [more]
The Shaybah oil field in southeastern Saudi Arabia
Saudi Arabia: Expanding Surplus, Falling Oil Prices and Riyadh's Sway
November 7, 2008 2101 GMT
Saudi Arabia's bid to expand oil production at a time of falling energy prices represents a bid to continue its dominance in global energy markets. [more]
Saudi Oil Minister Ali al-Naimi arrives Oct. 23 for an Oct. 24 OPEC meeting in Vienna, Austria
Saudi Arabia: Challenges to OPEC's Cut
October 24, 2008 1724 GMT
The Organization of the Petroleum Exporting Countries announced that it will cut oil production by 1.5 million barrels per day starting Nov. 1. [more]
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