Saudi Arabia announced on Thursday that it will extend its production cut of one million barrels of oil a day…
Read More »Saudi Arabia will lose its status as the largest OPEC+ oil producer to Russia as it begins the unilateral cut…
Read More »Early this morning, Saudi Arabia announced it will extend its voluntary, unilateral oil production cut by one month, at least…
Read More »Prince Abdulaziz bin Salman, the Saudi energy minister, has spoken of his intent to have speculators “ouching like hell”. The…
Read More »Saudi Arabia affirmed its rejection of any dictates, actions or efforts to distort its noble objectives to protect the global…
Read More »President Joe Biden will review Washington’s relationship with Saudi Arabia after the OPEC+ alliance announced last week it would slash…
Read More »OPEC+ has begun discussions about cutting oil output when it meets next week, as a fragile global economy continues to…
Read More »OPEC and allied oil-producing countries, including Russia, cut their supplies to the global economy by 100,000 barrels per day, underlining…
Read More »Russian President Vladimir Putin had a phone conversation with Saudi Arabia’s Crown Prince Mohammed bin Salman to discuss the oil…
Read More »The world’s largest crude oil exporter, Saudi Arabia, continues to keep close ties with Russia while the top oil consumer,…
Read More »The OPEC+ group is currently pumping 2.6 million barrels per day (bpd) of oil below its target, and efforts to…
Read More »Energy Minister Prince Abdulaziz Bin Salman said that OPEC+ would increase production “if demand is there.” He indicated that it…
Read More »Saudi Arabia raised oil prices for buyers in Asia and the US on Sunday days after OPEC and its allies…
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