A recent agremeent between Sudan and South Sudan to restart oil exports is likely to improve the macroeconomic situations of the countries, while paving the way for future negotiations over land disp…

Oil price shocks spurred by Mideast events are unlikely to derail the U.S. economic recovery, says CFR Distinguished Visiting Fellow Michael Spence. But bigger shifts in the global economy will hit U…

The Obama administration has overreacted to the Gulf oil spill by suspending most new offshore drilling and moving to expand liabilities for future accidents, with implications for U.S. energy securi…

Hurricane Katrina caused severe damage to U.S.refinery and production capacity in the Gulf of Mexico. Oil prices briefly spiked to above $70 per barrel before dropping after President Bush decided to…

Peter J. Robertson, the vice chairman of Chevron Corporation, discusses the likelihood of global oil production meeting demand in the decades to come.