There isn’t much about the view along the Red Sea’s northeast coastline that gives you a clue to its promised future. Flat, burnt-orange sands loll gently to the deep blue coastline of this remote …
OPEC, allies coordinating to hold Saturday meeting: Saudi Arabia
Saudi Arabia’s energy minister said on Friday that OPEC and its allies, a group known as OPEC+, were working to hold their oil output policy meeting on Saturday.
OPEC+ Set to Extend Output Cuts After Breakthrough With Iraq
Talks to extend OPEC+ production cuts hit an impasse on Thursday after Iraq said it will only be able to reach its output target at the end of July, defying an ultimatum from Saudi Arabia and Russia …
OPEC+ Talks Hit Impasse as Iraq Goes Slow With Output Cuts
Talks to extend OPEC+ production cuts hit an impasse on Thursday after Iraq said it will only be able to reach its output target at the end of July, defying an ultimatum from Saudi Arabia and Russia …
OPEC+ Talks Hit Impasse as Iraq Goes Slow With Production Cuts
Talks to extend OPEC+ production cuts hit an impasse on Thursday after Iraq said it will only be able to reach its output target at the end of July, defying an ultimatum from Saudi Arabia and Russia …
Russia and Saudi Arabia ‘basically the central banks of oil,’ analyst says
Karen Kostanian, head of EEMEA oil and gas research at Bank of America Global Research, discusses OPEC+ and the oil market.
Iran Quds force head Ghaani arrives in Iraq
Kuwait reports 526 new cases in 24 hours, total climbs to 29,921 Jewish community in UAE sends video blessing to country, leadership Defying UN, Houthis attacking Saudi Arabia with explosives from Ira …
Oil Rallies After Saudi Arabia and Russia Agree to Extend Supply Cuts
Oil prices ended higher after a volatile session, lifted by an agreement between Saudi Arabia and Russia to extend supply cuts through July.
Bahrain To Speed Up Development Of Huge 80 Billion Barrel Oil Reserves
Bahrain has suffered from Saudi Arabia’s oil price wars, but the Kingdom is now looking to become more independent from its neighbour by rapidly developing its latest major oil find …
Coronavirus recovery: Saudi Arabia, UAE, Egypt business conditions decline slows
Business conditions in Saudi Arabia, the UAE, and Egypt declined in May at a slower pace than in April, suggesting the worst of the coronavirus downturn may be over, according to data from IHS Markit.