OPEC

Oil & Gas
Goldman: U.S. SPR Crude Releases to Have Modest Price Influence
The Biden administration's plan to continue releasing the Strategic Petroleum Reserves (SPR) "as appropriate" to bring down retail rates poses limited downside
Policy & Regulation
U.S. Senate Panel Advances Bill to Rein In OPEC+ Over Oil Output Cut
A U.S. Senate committee this week quietly advanced a bill that seeks to rein in OPEC+ after the oil producer group led by Saudi Arabia and Russia this month agr
Oil & Gas
Malaysia Says OPEC+ Decision to Cut Output Made to Address Market Uncertainties
Malaysia has said a decision by OPEC+ member states to cut oil production was unanimous, and made after taking into account the need to address market uncertain
Oil & Gas
Iraq Reiterates Support for OPEC+, Saudi Arabia
Iraq's foreign ministry said late on Tuesday that it refuses any threatening or pressuring policy.
Oil & Gas
Saudi Arabia, United States Clash Over Reason for OPEC+ Oil Cut
Saudi Arabia rejected as "not based on facts" criticism of an OPEC+ decision last week to cut its oil production target despite U.S. objections.
Oil & Gas
Oil Slides as U.S. Crude and Gasoline Stocks Surge
Oil prices slipped in early Asian trade on Friday as U.S. crude and gasoline inventories jumped, while Saudi Arabia and Washington continued to clash over plans
Oil & Gas
U.S. Officials Promised Saudis It Wouldn’t Let Oil Market Collapse
U.S. officials told Saudi Arabia prior to the OPEC+ meeting that it would help stave off a collapse in the oil market by buying oil at $75 per barrel to repleni
Oil & Gas
Prices at the Pump Are Ticking Higher After OPEC Decision
Gasoline prices in the United States have jumped over 3% since OPEC’s decision last week to cut output by 2 million barrels per day in November, reversing the
Oil & Gas
Saudi Aramco to Maintain Full Oil Supplies to Asia in Nov Despite OPEC+ Cuts
Saudi Aramco has told at least seven customers in Asia they will receive full contract volumes of crude oil in November ahead of the peak winter season.
Oil & Gas
Oil Takes a Breather, Eases off 5-Week Highs
Oil prices slipped on Monday, easing off five-week highs, as the market took profits following strong gains last week on expectations of tighter supplies follow
Oil & Gas
Saudi Aramco to Keep Full Oil Supplies to N. Asia in Nov Despite OPEC+ Cuts
Saudi Aramco has told at least five customers in North Asia they will receive full contract volumes of crude oil in November
Oil & Gas
OPEC Oil Cuts Bad for Global Economy, Treasury Secretary Janet Yellen Tells Financial Times
U.S. Treasury Secretary Janet Yellen said a decision by the OPEC+ grouping to cut oil production was "unhelpful and unwise" for the global economy, especially e
Oil & Gas
Kremlin Praises OPEC+ for Countering U.S. 'Mayhem'
The Kremlin on Sunday praised OPEC+ for agreeing production cuts that had successfully countered the "mayhem" sown by the United States in global energy markets
Oil & Gas
Oil Jumps 4% to 5-Week High Lifted by OPEC+ Output Cut
Oil prices jumped about 4% to a five-week high on Friday, lifted again by an OPEC+ decision this week to make its largest supply cut since 2020 despite concern
Oil & Gas
Opec+ to Hold In-Person Meeting Next Week in Vienna
This will be the first in-person ministerial meeting since March 2020, the group says

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IEA to Expedite 2025 Oil Demand Forecast, OPEC Also Moves Early

OPEC

Goldman: U.S. SPR Crude Releases to Have Modest Price Influence

U.S. Senate Panel Advances Bill to Rein In OPEC+ Over Oil Output Cut

Malaysia Says OPEC+ Decision to Cut Output Made to Address Market Uncertainties

Iraq Reiterates Support for OPEC+, Saudi Arabia

Saudi Arabia, United States Clash Over Reason for OPEC+ Oil Cut

Oil Slides as U.S. Crude and Gasoline Stocks Surge

U.S. Officials Promised Saudis It Wouldn’t Let Oil Market Collapse

Prices at the Pump Are Ticking Higher After OPEC Decision

Saudi Aramco to Maintain Full Oil Supplies to Asia in Nov Despite OPEC+ Cuts

Oil Takes a Breather, Eases off 5-Week Highs

Saudi Aramco to Keep Full Oil Supplies to N. Asia in Nov Despite OPEC+ Cuts

OPEC Oil Cuts Bad for Global Economy, Treasury Secretary Janet Yellen Tells Financial Times

Kremlin Praises OPEC+ for Countering U.S. 'Mayhem'

Oil Jumps 4% to 5-Week High Lifted by OPEC+ Output Cut

Opec+ to Hold In-Person Meeting Next Week in Vienna

IEA to Expedite 2025 Oil Demand Forecast, OPEC Also Moves Early

OPEC+ Extends Deep Oil Production Cuts Into 2025

OPEC+ Boosts Compliance With Oil Production Cuts To 116%

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