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Oil & Gas
Opec+ Might not Meet Until August: Saudi Oil Minister
Saudi Arabia's oil minister Abdulaziz bin Salman has conceded the Opec+ coalition's next meeting could take place no sooner than August, as an ongoing clash wit
Oil & Gas
US Oil Prices Soar To 6-Year High In OPEC Standoff
The U.S. benchmark oil price WTI Crude hit its highest level since November 2014 early on Tuesday, after OPEC+ on Monday called off its third attempt to reach a
Oil & Gas
Oil and Dollars: Why the UAE is Risking a Falling-out with OPEC+
The UAE agreed with the other 22 OPEC+ members that monthly output cuts should be eased by 400,000 barrels a day from August, but said the extension should be t
Oil & Gas
Oil Prices Jump to Multiyear Highs After OPEC+ Talks Yield No Production Deal
Oil jumped to its highest level in nearly three years on Monday after talks between OPEC and its oil-producing allies were postponed indefinitely, with the grou
Oil & Gas
OPEC+ Fails To Hike Oil Production, Delays Decision Again
OPEC+ much-awaited resumption of talks today has now been delayed, indicating that Saudi Arabia and the UAE have not been able to broker any agreement after the
Oil & Gas
Opec+ Resumes Output Talks Amid UAE Standoff
Opec+ ministers are due to resume talks at 15:00 Vienna time today to try to defuse what is fast becoming the group's most serious crisis since it embarked on i
Energy Economy
BP and Lukoil Considering Selling Stakes in Iraq
Oil minister describes country's investment environment as 'destructive' for international oil companies
Oil & Gas
OPEC Discussing Deal to Raise Oil Production by 2 million b/d by December: Sources
OPEC and its allies appear in striking distance of a deal on production quotas, discussing proposals that call for an output increase of about 2 million b/d fro
Oil & Gas
Oil Surges As Traders Await OPEC+ Decision on Easing Production Cuts
Its allies on further easing production curbs in response to growing demand as the global economy gathers momentum.
Oil & Gas
Crude Oil Falls Nearly 2% Ahead of OPEC+ talks
Oil prices fell nearly 2% on Monday after hitting their highest since 2018 earlier in the session, as a spike in COVID-19 cases in Asia and Europe put a brake o
Oil & Gas
Crude Advances as Opec+ Set to Open Taps at Next Meeting
WTI, which settled just shy of $75 a barrel on Friday, is up by about 53% this year
Oil & Gas
Opec+ Leaves 500,000 b/d August Output Rise on Table
Shrinking OECD inventories and rising global crude prices could lead the Opec+ coalition to consider a 500,000 b/d production rise when it irons out its August
Climate Change
UAE Could Become First OPEC Producer To Pledge Net-Zero By 2050
One of OPEC’s largest producers, the United Arab Emirates, is considering the potential adoption of a net-zero by 2050 goal
Oil & Gas
OPEC+ Discussing Gradual Oil Output Rise from August
The talks mean that OPEC and Russia are likely to find common ground again on oil production policy
Oil & Gas
Biden, Putin Did Not Discuss Oil Prices Or OPEC+ Deal
The leaders of the United States and Russia did not discuss oil prices or the OPEC+ deal at their summit in Geneva on Wednesday
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Most views from OPEC
1
IEA to Expedite 2025 Oil Demand Forecast, OPEC Also Moves Early
2
OPEC+ Extends Deep Oil Production Cuts Into 2025
3
Ip Signs Deal to Buy Exxonmobil’s Fuel and Refining Assets in Italy
4
OPEC+ Boosts Compliance With Oil Production Cuts To 116%
5
OPEC Woos Namibia as African Nation Prepares to Produce From 2030
6
Saudi Oil Minister Warns Market Speculators to ‘Watch Out’ Ahead of OPEC+ Meeting
