Cory Adelman

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OPEC fails to agree production ceiling after Iran pledges output boost | Reuters

VIENNA (Reuters) - OPEC members failed to agree an oil production ceiling on Friday at a meeting that ended in acrimony, after Iran said it would not consider any production curbs until it restores output scaled back for years under Western sanctions.<p>Friday’s developments set up the fractious …

Oil

Saudis, shale and the high costs of cheap oil

A little more than a year ago, Saudi Arabia, the effective leader of OPEC, the 13-country cartel that pumps about a third of the world's oil, decided that enough was enough.<p>The global market was drowning in oil, thanks to the American shale-oil miracle, and the Saudis were losing market share. They …

China's dumped steel leaves UK industry facing fight for survival

The Government is being urged to bail out the threatened Redcar steel plant and save 2,000 jobs<p>After 160 years, steel making on Teesside is in danger of coming to a full stop. But the root cause of its demise lies in China, not the North.<p>The potential closure of the Redcar plant and the subsequent …

20 Affordable Crowd-Free Places in Europe

Ready to go a little off the beaten path on the continent? We love Europe's smaller cities, national parks, small towns, and wild places, where …