Saudi Arabia – Extractive 360

OPEC+ To Keep Production Flat, Saudi Arabia To Cut More

The meeting of Organization of the Petroleum Exporting Countries and allied producers (OPEC+) concluded with an agreement to maintain stable production in...

238

OPINION

Is OPEC Power Over The Oil Market Broken?

By Ellen R. Wald (Bloomberg Opinion) — This week marks the 60th anniversary of OPEC, the cartel of major oil exporters that...

230

INTERNATIONAL NEWS

Russia Overtakes Saudi Arabia To Become World’s Second Largest Oil Producer

Russia produced more crude oil than Saudi Arabia in June, beating it to the second place of the largest oil producers in...

229

NEWS

Oil Jumps Again As OPEC Picks Up Where Trump Left Off

Crude prices rose as much as 10% on Friday as jawboning by OPEC members speaking anonymously to the media helped to add...

287

NEWS

OPEC’s Pact With Russia Falls Apart, Sending Oil Into Tailspin

A three-year pact between OPEC and Russia ended in acrimony on Friday after Moscow refused to support deeper oil cuts to cope...

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INTERNATIONAL NEWS

Bahrain May Sell Stake In Oil Assets, As Coronavirus Delays Oil Conference

Bahrain may transfer some of its oil and natural gas assets into a proposed state-run fund in which it could sell shares...

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FEATURES

Coronavirus Punches Hole In Oil Market That OPEC Can’t Fix

The coronavirus epidemic is a black swan that has severely disrupted the outlook for the global oil market, and at this moment...

620

NEWS

Oil Producers Support OPEC+ cut Extension

OPEC Joint Ministerial Monitoring Committee which met on Sunday in Jeddah, Saudi Arabia, reviewed market forecasts, assessed compliance with quotas and discussed...

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NEWS