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US reviews Saudi ties after Opec+ announces huge slash in oil production
US reviews Saudi ties after Opec+ announces huge slash in oil production
FRIDAY, OCTOBER 07, 2022
The United States is reviewing several options regarding its relationship with Saudi Arabia after Riyadh and other Opec+ nations agreed this week to large cuts in oil production, US Secretary of State Antony Blinken said on Thursday.UAE president, in first address, stresses support for energy security
UAE president, in first address, stresses support for energy security
THURSDAY, JULY 14, 2022
The president of the United Arab Emirates, Sheik Mohammed bin Zayed al-Nahyan, said on Wednesday the Gulf Opec producer would continue to support global energy security as a main driver of global economic growth.Opec chief Barkindo says oil and gas industry under siege
Opec chief Barkindo says oil and gas industry under siege
WEDNESDAY, JULY 06, 2022
The oil and gas industry is "under siege" due to years of under-investment, the Opec Secretary-General Mohammad Barkindo said on Tuesday, adding the resulting supply shortage could be eased if extra supplies from Iran and Venezuela were allowed to flow.Macron tells Biden that UEA, Saudi can barely raise oil output
Macron tells Biden that UEA, Saudi can barely raise oil output
TUESDAY, JUNE 28, 2022
French President Emmanuel Macron said on Monday the Crown Prince of the United Arab Emirates, Sheikh Mohammed bin Zayed (MbZ), told him two top Opec oil producers, Saudi Arabia and the United Arab Emirates, can barely increase oil production.U.S. oil soars to highest since 2011 amid OPEC+ decision, Ukraine conflict
U.S. oil soars to highest since 2011 amid OPEC+ decision, Ukraine conflict
THURSDAY, MARCH 03, 2022
The WTI for April delivery added 7 percent to settle at 110.60 dollars a barrel, the highest finish since 2011.
Brent crude for May delivery increased 7.6 percent to close at 112.93 dollars a barrel, the highest level since 2014.Oil prices could go south in coming months with possible spike in mid-2022
Oil prices could go south in coming months with possible spike in mid-2022
THURSDAY, DECEMBER 23, 2021
Analysts expected supply to catch up and even exceed demand growth in 2022, highlighted by an increase in exports of liquefied natural gas (LNG), higher output of shale oil, natural gas and natural gas liquid in the United States and the return of investment in non-OPEC production.Oil at highest since 2014 as OPEC panel advises sticking to plan
Oil at highest since 2014 as OPEC panel advises sticking to plan
TUESDAY, OCTOBER 05, 2021
Oil in New York rose to the highest since 2014 as an OPEC+ panel recommended proceeding with gradual supply hikes amid a rapidly tightening market.OPEC sees oil demand growth to 2035 unchecked by climate fight
OPEC sees oil demand growth to 2035 unchecked by climate fight
WEDNESDAY, SEPTEMBER 29, 2021
OPEC sees oil demand continuing to grow to the middle of next decade, even as world leaders prepare for another attempt to avert catastrophic climate change.OPEC boosted output last month even as some members left behind
OPEC boosted output last month even as some members left behind
FRIDAY, SEPTEMBER 03, 2021
OPEC boosted crude production last month as it continued the revival of supplies halted during the pandemic, but some members struggled to keep up.OPEC+ countries agree to boost oil production
OPEC+ countries agree to boost oil production
MONDAY, JULY 19, 2021
OPEC+ agreed higher output quotas from May 2022 for several members, including the UAE, Saudi Arabia, Russia, Kuwait and Iraq.Loading...
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