Pipeline firms ask Texas producers to cut oil output, storage low: Regulator

Saturday, 28 March 2020

Texas producers are beginning to receive requests from pipelines to reduce output as storage begins ......

Only a truly global compact to limit oil supply ‘can fix market collapse’

Thursday, 19 March 2020

Only a truly global compact to regulate oil supply to international markets can stop a total ......

Iraq oil minister urges OPEC, non-OPEC emergency meet as oil prices dip

Tuesday, 17 March 2020

Iraq’s oil minister has urged for an emergency meeting between OPEC and non-OPEC members to be ......

US crude oil hits 17-year low amid coronavirus, Saudi-Russia price war

Wednesday, 18 March 2020

Oil prices fell for a third session on Wednesday with US crude futures tumbling to a 17-year low as ......

Saudi Arabia, Russia, and Aramco: The end of OPEC+

Monday, 16 March 2020

Ali Shihabi is a former banker and founder of the Arabia Foundation.


Why OPEC should welcome a US shale-oil bailout

Friday, 13 March 2020

Omar Al-Ubaydli is a researcher at Derasat, Bahrain. He tweets @omareconomics.


Saudi Arabia pulls out, March 18 OPEC technical meeting postponed: Sources

Thursday, 12 March 2020

Saudi Arabia would not be attending the OPEC Joint Technical Committee (JTC) meeting and is unlikely ......

Saudi Arabia is best prepared for oil price war: Report

Thursday, 12 March 2020

Saudi Arabia’s low extraction costs averaging around $3 per barrel gives the Kingdom an ......

OPEC+ technical panel may meet via video conference: Novak

Thursday, 12 March 2020

The meeting of the technical panel of the OPEC+ oil producers’ group is likely to be held via ......

What analysts get wrong about Saudi oil policy

Wednesday, 11 March 2020

Omar Al-Ubaydli is a researcher at Derasat, Bahrain. He tweets @omareconomics.


UAE energy minister ‘disappointed’ in collapse of OPEC+ deal

Wednesday, 11 March 2020

The UAE Minister of Energy Suhail al-Mazrouei said he was disappointed that no agreement was reached ......

See who wins and who loses from the oil price slump

Wednesday, 11 March 2020

On Friday the three-year deal between OPEC and oil exporters outside the group ended when Russia ......

Coronavirus slams oil demand growth forecast, down 94 pct in 2020: OPEC

Wednesday, 11 March 2020

Growth in oil demand will almost vanish this year as coronavirus ravages the global economy, OPEC ......

No need for OPEC+ meeting if no consensus on oil policy: Saudi Energy Minister

Tuesday, 10 March 2020

Saudi Arabia’s energy minister said on Tuesday he does not see a need to hold an OPEC+ meeting ......

Arabian Gulf markets close up while Russian market falls amid OPEC deal fallout

Tuesday, 10 March 2020

Arabian Gulf markets closed up on Tuesday following two days of significant drops following the ......