The OPEC+ oil cartel is facing its biggest crisis since a price war at the start of the coronavirus pandemic.The United Arab Emirates, the group’s fourth-biggest producer, argued against a deal …
OPEC+ abandons oil policy meeting after Saudi-UAE clash
By Rania El Gamal, Ahmad Ghaddar and Alex Lawler DUBAI (Reuters) -OPEC+ ministers called off oil output talks on Monday after clashing last week when the United Arab Emirates rejected a proposed eight …
OPEC+ abandons oil policy meeting after Saudi-UAE clash
By Rania El Gamal, Ahmad Ghaddar and Alex Lawler DUBAI (Reuters) -OPEC+ ministers called off oil output talks on Monday after clashing last week when the United Arab Emirates rejected a proposed eight …
OPEC oil alliance at impasse between Saudi Arabia and UAE
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 …
UAE jobs rise the most in 2 years as business conditions improve
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 …
Analysis: OPEC disagreement lays bare growing UAE-Saudi economic rivalry
Rare public disagreement between the United Arab Emirates and Saudi Arabia over OPEC policy points to a growing economic rivalry between the two largest Arab economies which only looks set to …
OPEC oil alliance in standoff between Saudi Arabia and UAE
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.