The OPEC oil cartel led by Saudi Arabia and other allied producing countries resumed talks Monday amid a standoff with the United Arab Emirates over how much to raise production levels with demand …
Saudi Arabia losing its clout within OPEC+ and the Middle East
As OPEC+ talks to increase crude oil production stall, the Saudis seem to have lost a key ally in the United Arab Emirates …
Saudi Arabia losing its clout within OPEC+ and the Middle East
As OPEC+ talks to increase crude oil production stall, the Saudis seem to have lost a key ally in the United Arab Emirates …
Explainer: UAE and Saudi Arabia’s spat over OPEC oil production
In a rare public spat between the Gulf state allies, the United Arab Emirates and Saudi Arabia have found themselves at loggerheads over an OPEC plan that seeks to extend a cap on oil production.
UAE Business Conditions Improve at Slower Pace; Employment Rises
Business conditions in the United Arab Emirates improved at a slightly weaker rate last month as coronavirus-linked measures and flight cancellations slowed gains in the Middle East’s business and …
Saudi Energy Minister Pushes Back on UAE Opposition to OPEC+ Deal
Saudi Arabia’s energy minister pushed back on Sunday against opposition by fellow Gulf producer the United Arab Emirates to a proposed OPEC+ deal and called for “compromise and rationality” to secure …
Saudi Energy Minister Pushes Back on UAE Opposition to OPEC+ Deal
Saudi Arabia’s energy minister pushed back on Sunday against opposition by fellow Gulf producer the United Arab Emirates to a proposed OPEC+ deal and called for “compromise and rationality” to secure …
Opec impasse shows UAE’s ‘flexing its muscles’ against Saudi Arabia
A few years ago, the United Arab Emirates and Saudi Arabia went as far as secretly drawing a plan for a political union. While a confederation did not materialise, the Gulf’s autocratic states fought …
Saudi Arabia pushes back on UAE opposition to OPEC+ deal
DUBAI — Saudi Arabia’s energy minister pushed back on Sunday against opposition by fellow Gulf producer the United Arab Emirates to a proposed OPEC+ deal and called for “compromise and rationality” to …
Saudi Arabia Sticks to Demand for OPEC+ Extension Through 2022
Saudi Arabia insists that OPEC+ must extend its production agreement to the end of next year, sticking to a plan that has met with strong opposition from the United Arab Emirates. Saudi Energy …