Saudi Arabia, other Arab states reaffirm commitment to voluntary oil production adjustments
Bahrain, Iraq, Kuwait, Oman, Saudi Arabia and the United Arab Emirates reaffirmed their commitment to "collective and individual
2023-10-09 03:22
OPEC sticks to oil demand growth view citing resilient economy
By Alex Lawler LONDON OPEC on Tuesday stuck to its forecasts for robust growth in global oil demand
2023-09-12 20:23
China's Sinopec plans steady refinery output on fuel recovery
By Chen Aizhu and Judy Hua (Reuters) -Chinese refining giant Sinopec Corp plans to maintain steady refinery output during the
2023-08-28 12:50
OPEC+ ministers keep oil output policy unchanged - sources
LONDON A panel meeting of the top ministers of OPEC+ has kept oil output policy unchanged on Friday,
2023-08-04 20:24
Tackle demand, not supply, to cut emissions, oil bosses say
By Dmitry Zhdannikov, Ron Bousso and Shadia Nasralla VIENNA (Reuters) -The bosses of global energy companies this week urged governments
2023-07-06 22:55
Exclusive - OPEC upbeat over 2024 oil demand outlook despite slowdown
By Alex Lawler and Dmitry Zhdannikov VIENNA OPEC will likely maintain an upbeat view on oil demand growth
2023-07-06 20:20
Saudi Arabia says new oil cuts show teamwork with Russia is strong
By Ahmad Ghaddar, Alex Lawler and Shadia Nasralla LONDON Russia-Saudi oil cooperation is still going strong as part
2023-07-05 18:26
OPEC+ oil quota reform increases Gulf's dominance
By Ahmad Ghaddar LONDON Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman earlier this month outlined one of
2023-06-27 17:57
US government ramps up its gas price forecast. Blame OPEC and Saudi Arabia
Forecasters at the US Energy Department on Tuesday ramped up their forecasts for American oil and gasoline prices next year, citing new steps by Saudi Arabia and OPEC+ to restrain the supply of oil.
2023-06-07 02:54
Opec: What is it and what is happening to oil prices?
Saudi Arabia is cutting output by one million barrels a day, and Opec+ is keeping past cuts in place
2023-06-05 18:50
Brent may rise toward $100/bbl as Saudi output cut could worsen supply gap - analysts
By Florence Tan SINGAPORE A global shortfall in crude oil supply is set to deepen in the third
2023-06-05 10:57
Saudi to extend its 500,000 bpd voluntary cut until the end of 2024
Saudi's energy ministry said on Sunday the kingdom will extend its 500,000 bpd voluntary oil cut until the
2023-06-05 00:46