Oil prices soar almost 6 pct after major output cut by OPEC+ led by Saudi Arabia Oil prices soar almost 6 pct after major output cut by OPEC+ led by Saudi Arabia
Oil prices soared almost six percent in Asian trade Monday morning after major producers led by Saudi Arabia announced a surprise...
Energy
Adviser to Iraqi PM says lack of OPEC coordination will lead to price war: INA Adviser to Iraqi PM says lack of OPEC coordination will lead to price war: INA
The financial adviser to Iraq’s prime minister said that “in the absence of coordination and understandings between OPEC producers...
Energy
Saudi energy minister says Kingdom considers interests of all in role as OPEC+ chair Saudi energy minister says Kingdom considers interests of all in role as OPEC+ chair
There is consensus among OPEC+ countries on extending OPEC+ pact, except for one nation, Saudi Arabia’s Energy Minister Prince...
Energy
UAE proposes postponing decision to extend OPEC+ pact: WAM UAE proposes postponing decision to extend OPEC+ pact: WAM
The United Arab Emirates on Sunday said it supported an increase in oil output from August but suggested deferring to another...
Energy
OPEC+ compliance with oil cuts rises to 113 percent in February: Sources OPEC+ compliance with oil cuts rises to 113 percent in February: Sources
OPEC+ compliance with oil production cuts in February rose to 113 percent, two OPEC+ sources from the producer group told Reuters...
Energy
Saudi Arabia extends oil cuts as OPEC+  keep output unchanged, prices jump Saudi Arabia extends oil cuts as OPEC+ keep output unchanged, prices jump
Members of oil producer cartel OPEC and allied countries have agreed to leave most of their existing oil production cuts in place...
Energy
Saudi Arabia in no hurry to end its voluntary oil production cut: Prince Abdulaziz Saudi Arabia in no hurry to end its voluntary oil production cut: Prince Abdulaziz
Saudi Arabia’s energy minister said on Thursday the kingdom was extending its voluntary 1 million barrel per day (bpd) oil...
Energy
OPEC+ to hold informal online talks on Saturday: Source OPEC+ to hold informal online talks on Saturday: Source
OPEC+, a group of leading oil producing countries, will hold informal online talks on Saturday prior to meetings scheduled for...
Energy