Extractive 360
All posts tagged "Saudi Arabia"
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187NEWSOPEC+ Agrees To Gradual Increase In Production Output
In its July 1 meeting, the OPEC+ Joint Ministerial Monitoring Committee, including Russia and Saudi Arabia, has recommended a gradual increase of...
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211NEWSOPEC+ 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...
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550OPINION
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...
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327INTERNATIONAL NEWSRussia 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...
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327NEWSOil 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...
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386NEWSOPEC’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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1.2KINTERNATIONAL NEWSBahrain 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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413FEATURESCoronavirus 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...
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751NEWS
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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615NEWS
OPEC Meets To Discuss ‘Oil Supply Security’
A panel of OPEC and Russian ministers will meet this weekend in Jeddah, Saudi Arabia to assess oil market conditions ahead of...