Saudi Arabia, Kuwait ink deal to resume joint oil output
Kuwait's oil minister Khaled al-Fadhel said on Twitter that the memorandum of understanding signed with… Read More
Kuwait's oil minister Khaled al-Fadhel said on Twitter that the memorandum of understanding signed with… Read More
Saudi Arabia and Russia will seek approval for deeper output cuts from OPEC and allies… Read More
Prince Abdulaziz bin Salman heads to Vienna this week for his first OPEC meeting as… Read More
Growth in global oil demand is expected to slow from 2025 as fuel efficiency improves… Read More
Saudi Energy Minister Prince Abdulaziz bin Salman and US Energy Secretary Rick Perry met in… Read More
Russian President Vladimir Putin visits Saudi Arabia on Monday for the first time in over… Read More
OPEC and its allies will discuss whether there is a need for deeper cuts in… Read More
Despite lower supplies, crude oil has fallen from a six-month high above $75 a barrel… Read More
Oil prices jumped Monday after OPEC kingpin Saudi Arabia and non-member Russia agreed to keep… Read More
Russia has agreed with Saudi Arabia to extend by six to nine months a deal… Read More
Falih said earlier this month that OPEC was close to agreeing to extend the agreement… Read More
Saudi Energy Minister Khalid al-Falih said Russia was the only oil exporter still undecided on… Read More
The oil market is expected to be in balance towards the end of 2019, as… Read More
Falih said OPEC is guided by two main principles: “One to keep the market in… Read More
The United States demanded that buyers of Iranian oil stop purchases by May 1 or… Read More
India will get additional supplies from other major oil producing countries to compensate for the… Read More
The Saudi energy minister said on Monday it was premature to say whether there was… Read More
Saudi Arabia is threatening to sell its oil in currencies other than the dollar if… Read More
Major oil producers led by Saudi Arabia agreed Monday to keep working together to prop… Read More
'Barkindo added he would welcome greater engagement with the United States to tackle industry issues' Read More