Pipes feed crude oil to the ‘Xin Run Yang’ oil tanker, operated by Cosco Shipping Holdings Co., during loading operations near the Ras Tanura oil refinery, in Res Tanura, Saudi Arabia. (Photographer: Simon Dawson/Bloomberg)

Reshaping an Oil Economy Is Messy Work

(Bloomberg) -- Drip by drip, the oil-producing countries of the Middle East are watching their share of the global crude market drain away. U.S. production is soaring and shows no sign of slowing, ...