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The Saudi tactic to send reduced volumes to the States succeeded last year.
Read More »Saudis Cut Oil Exports to U.S. to Boost Crude Prices
UAE will Adhere to Any OPEC Decision
The capital plans to boost oil output capacity to 4 million bpd by 2020 and 5 million bpd by 2030.
Read More »Oil Producers Need to Cooperate. Even Without OPEC
OPEC in recent months has been wracked with internal disputes.
Read More »Saudi Arabia Discussing Proposal to Cut Oil Output by up to 1 mn bpd by OPEC and Allies
The United States this month imposed sanctions curtailing Iran'.s oil exports.
Read More »Saudi Arabia Ready to Boost Supplies over Iran Oil Sanctions
Saudi Arabia is the only producer with significant spare capacity around 2 million bpd.
Read More »Analysts See Brent Oil at $80 again
Saudi Arabia’s latest strategy of ‘produce as much as you can’ will hurt spare capacity.
Read More »Oil Firms Stick with Saudi Through Khashoggi Scandal
The United States will remain a key part of the Saudi economy.
Read More »What’s Behind the Latest Oil Price Plunge?
Saudi Arabia admitted late last week that the journalist was killed in what it described as a ``brawl`` in the Saudi consulate in Istanbul.
Read More »A New Era for Oil
Saudi Arabia and Russia could formalize a strategic partnership. marking a new era for the oil market.
Read More »Khashoggi’s killing has Put Saudi Arabia in Crisis
Following the incident. the kingdom has been attacked by international governments and leaders.
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