Oil prices have fallen sharply this year as the global supply has remained strong and demand has been slow to grow. By Rebecca F. Elliott The price of oil has dropped to some of its lowest levels of ...

NEW YORK - APRIL 15: Traders call out during activity in the crude oil options area on the floor of the New York Mercantile Exchange April 15, 2008 in New York City. Oil prices set a new record high ...

Forbes contributors publish independent expert analyses and insights. I analyze petroleum economics and energy policy. The internet is awash in skepticism about the supposed looming oil glut as ...

Long-term crude oil prices are held down by growing wage and wealth disparities, which reduce the purchasing power of the middle class and thus limit demand for oil-intensive goods and services.