OPEC

July 14, 2021

Saudi, UAE reach compromise to unlock more oil supply, says source

DUBAI/LONDON, July 14 (Reuters) – Saudi Arabia and the United Arab Emirates have reached a compromise over OPEC+ policy, an…

July 6, 2021

LONDON, July 6 (Reuters) – Oil prices were heading towards three-year highs on Tuesday, towing petrocurrencies and bond yields with…

April 9, 2021

DUBAI (Reuters) – In order to wean Saudi Arabia off its dependency on crude the kingdom needs higher oil prices.…

April 2, 2021

NEW DELHI (Reuters) – When India’s government last month asked refiners to speed up diversification and reduce dependence on the…

March 17, 2021

NEW DELHI (Reuters) – Indian state refiners are planning to cut oil imports from Saudi Arabia by about a quarter…

March 6, 2021

LONDON (Reuters) – This week’s surprise decision by Saudi Arabia and other top oil producers to broadly stick with output…

March 4, 2021

FRANKFURT, Germany (AP) — Members of oil producer cartel OPEC and allied countries are weighing an increase in production now…

February 24, 2021

DUBAI (Reuters) – Saudi Arabia’s Sheikh Zaki Yamani, the embodiment of the ascent of Arab petroleum power and the face…

January 6, 2021

TOKYO (Reuters) – Brent oil prices rose on Wednesday to the highest since February after Saudi Arabia agreed to make…

January 5, 2021

FRANKFURT, Germany (AP) — Members of the OPEC oil cartel and allied countries including Russia on Monday adjourned a meeting…