Trump pushes Saudi Arabia to increase oil output
The leader of Saudi Arabia promised President Donald Trump that he can raise oil production if needed and the country has 2 million barrels per day of spare capacity, the […]
The leader of Saudi Arabia promised President Donald Trump that he can raise oil production if needed and the country has 2 million barrels per day of spare capacity, the […]
The latest Opec meeting ended in some confusion on Friday with different numbers quoted for the planned production increase. It appears that a target increase of 1m barrels per day […]
Crude oil continued sliding today on the back of growing tensions between the United States and China and anticipation of a difficult OPEC+ meeting on Friday. Brent crude futures eased […]
The upcoming OPEC meeting on June 22 is shaping up to be a contentious one, after news broke that the U.S. government asked Saudi Arabia to increase oil production before […]
Crude oil has been moving steadily higher for months, despite a recent short-term blip, and it may not be long before we are looking at triple-digit prices once again. Eighty-dollar […]
Russia and Saudi Arabia have a common position on the future of the oil output cut deal, Russian Energy Minister Alexander Novak said on Thursday, while Russia’s Lukoil said the […]
Saudi Arabia is ready to increase its oil production in response to the expected decline in Iranian crude oil for international markets following President Trump’s withdrawal from the Iran nuclear […]
President Donald Trump’s decision to pull the US out of the Iran nuclear deal is likely to have major economic consequences, even potentially scuttling the boost from the GOP tax […]