OPEC

Crude exports from Saudi Arabia, the world’s largest oil exporter, extended a decline in June to the lowest on record,…

Saudi Arabia has issued a dire warning with OPEC members, Nigeria and Angola, warning that it would ignite an oil-price…

Despite record oil exports in April as Saudi Arabia flooded the market with excess oil, the value of the Kingdom’s…

Iraq’s parliament has approved the remainder of Prime Minister Mustafa al-Kadhimi’s cabinet, making Ihsan Abdul Jabbar Ismail oil minister and…

During a phone conversation with Iraqi Prime Minister Mustafa al-Kadhimi on Monday, Russian President Vladimir Putin talked about the global…

In a telephone conversation on Wed., Russia’s Minister of Energy Alexander Novak and his Saudi Arabian counterpart Abdul Aziz Bin…

The UAE announced today, Monday, that it will make an additional reduction in its oil production by a hundred thousand…

US President Donald Trump had warned Saudis earlier in April that he would end American military support for the kingdom…

OPEC and other large oil producers led by Russia have approved a deal to cut output, after the US threatened…

Global oil prices began to fall in January, while in early March the market saw a huge surplus sending prices…