International

The OPEC+ mechanism has shown it is efficient. but it is not efficient infinitely.

All hydrocarbon reserves are the property of Syria.

The sudden loss of output gives grounds to rethink Saudi Arabia’s role as an undoubtedly reliable oil supplier.

Saudi Arabia have complained about Russia’s failure to comply with the deal in full.

One rough and ready way to value Aramco is to look at dividend yield.

The waiver ensures that Iraq is able to meet its short-term energy needs while it takes steps to reduce its dependence on Iranian energy imports.

Rosneft is one of the major investors in Venezuela. implementing several projects on oil exploration and development with Venezuela’s PDVSA.

Overall. 20 agreements were signed between the two nations across a variety of industry sectors.

There were no talks underway to change the global output deal.

The gas price spike started last month after Saudi Arabia oil production facilities were attacked.