OPEC’s Giants Declare Support For New Deal
After weeks of speculation, it’s official: Russia, Saudi Arabia, and Iraq have declared their support for an extension to the oil production cuts OPEC and
Tag : price
Gulf Arab Countries Back UAE To Protect Oil Interests
The Arab countries of the Persian Gulf expressed solidarity with Saudi Arabia and the United Arab Emirates (UAE), supporting all measures that their two allies
Oil steadies as trade fears balance Mideast tension and supply cuts
Oil steadied on Monday, trading below $69 a barrel, as concern over the U.S.-China trade dispute and global economic outlook offset support from Middle East
Oil climbs as Opec and its allies indicate continued production cuts
Oil started the week strongly after Saudi Arabia and other Opec+ members signaled intentions to keep supplies constrained for the rest of the year, while
Why Oil Is Still Underpriced
Oil prices seesawed over the past week, jerked higher by tension in the Middle East but dragged down by fears of the fallout from the
Iraq’s $53bn energy deal to boost finances and support economic growth
Iraq’s $53 billion (Dh194.5bn) energy deal to boost the oil production of Opec’s second-biggest producer will strengthen the Iraqi government’s fiscal position as it looks to
Saudi Arabia, Iraq Prepared To Reverse Oil Production Cuts
Saudi Arabia is ready to start pumping more oil if the United States indeed ends the sanction waivers they granted eight Iranian oil importers last
Oil hits 2019 high on signs of tighter supply; Brent eyes $70 a barrel
Oil prices hit their highest of 2019 on Tuesday, with Brent crude approaching $70 a barrel, on the prospect that more sanctions against Iran and
Oil Is Set To Rise, But The Rally May Not Last
The United States is no longer over-supplied with oil. That sounds like good news. The bad news is that it may signal lower oil prices
Oil Begins New Year With A Loss
Crude oil trading in the new year began with a slide, with Brent crude trading at US$53.12 a barrel at the time of writing, down