OPEC and its future
OPEC’s obituary has been written many times since its inception in 1960, but the cartel always finds a way to set aside internal disputes in the name of maintaining higher […]
OPEC’s obituary has been written many times since its inception in 1960, but the cartel always finds a way to set aside internal disputes in the name of maintaining higher […]
U.S. President Donald Trump and the Saudi government have closely aligned views on most issues but they disagree significantly on the desirable level for oil prices, which could become a […]
Envoys from the 28 EU member states on Wednesday unanimously rejected a proposal to add Saudi Arabia and other nations and territories to the bloc’s money-laundering blacklist, sources told AFP. […]
Saudi Arabia’s Energy Minister Khalid al-Falih said on Wednesday that he was leaning toward an extension of the OPEC+ production cuts after June, although he noted that the producer group […]
The meeting of the Organization of Oil Exporting Countries (OPEC) in Vienna last week confirmed what some in the oil industry have been saying for a while: A new global […]
A fractured OPEC is meeting later this week to discuss a deal to cut oil production—yet again—to rebalance the market and lift oil prices that have recently slipped to below […]
The world’s liquefied natural gas (LNG) market will become even more competitive within the next several years. Saudi Arabia, the world’s largest oil exporter, is now vying to become a […]
Oil rose by more than 1 percent on Monday, set for its largest one-day increase in a month after Saudi Arabia said OPEC and its partners believed demand was softening […]