iraq - Jean Sainvil - In God We Trust - Blessed is the man who comes in the name of God.

What the heck is OPEC?!

About one third of the world’s oil — 30 million barrels a day — comes from OPEC. Nina dos Santos explains the purpose of the Organization of Oil Exporting Countries and how OPEC decisions affect you.

Retired colonel on US military strike in Iraq

A US military strike on Wednesday in Baghdad killed Wisam Mohammed Saber al-Saedi, a Kataib Hezbollah commander, who was responsible for attacks on American forces in the region, according to US Central Command. The attack was carried out by a drone against a vehicle in Baghdad, according to US and Iraqi officials. There are no… Continue reading Retired colonel on US military strike in Iraq

A history of oil’s booms and busts

From the West Coast Gasoline Famine of 1920, which brought horses back into style, to the Arab oil embargo, Christine Romans has a look at the biggest boom and busts of the last century. Oil’s wild ride is definitely not for the faint of heart.