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Russian Energy Minister Alexander Novak said on Thursday that he had spoken to his Saudi Arabian counterpart on Wednesday and that no decision had been... [Read More]
Saudi Arabia's economic growth in 2019 will be significantly less than the kingdom had expected because of OPEC-led oil output cuts, but the attack on... [Read More]
There will be no urgent OPEC meeting, the‮ ‬Saudi energy minister Prince Abdulaziz bin Salman said, Al Arabiya television reported on Tuesday after the weekend... [Read More]
Saudi Arabia has yet to brief fellow OPEC members and other energy sector players about how long it will take to restore the country's oil... [Read More]
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Damage to the top OPEC producer's oil facilities ignited fears of supply disruption around the world and has sent crude prices soaring. [Read More]
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Why oil prices are rising after attack on Saudi facilities. The attack cut 5.7 million barrels per day (bpd) of Saudi crude oil supplies, about... [Read More]
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Working with members of OPEC and the potential for offsetting oil shortages using emergency crude reserves should be enough to keep oil prices from ... [Read More]
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Oil surged on Monday to almost $72 a barrel, posting its biggest intra-day percentage gain since the Gulf War in 1991. [Read More]
The oil cartel's chief told Bloomberg that OPEC has learned an important lesson from the attacks that knocked offline some 5.7 million barrels a day... [Read More]
The oil cartel's chief told Bloomberg that OPEC has learned an important lesson from the attacks that knocked offline some 5.7 million barrels a day... [Read More]
* Too early for any OPEC talks on raising output -source (Adds UAE quote, context) [Read More]
* Too early for any OPEC talks on raising output -source (Adds UAE minister, source comments) [Read More]
OPEC Secretary General Mohammed Barkindo has discussed the oil market development with the head of the International Energy Agency Fatih Birol on Monday after the... [Read More]
OPEC and its partners will not deepen their oil production cut yet but will discuss the topic again in December. [Read More]
The bulk of those exports go to Asia and the Pacific region, according to OPEC. Country mln bpd China 1.88 Japan 1.02 South Korea 0.89... [Read More]
At the dawn of an era scientists have dubbed the Anthropocene, driven by human impact on the planet, the energy industry's four-yearly gathering was forced... [Read More]
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