The OPEC monopoly must get prices down now!`` Trump wrote on Twitter.
Read More »Novak. Khalid Falih Holding Talks in Algeria
OPEC and non-OPEC countries had agreed to review current oil production as a countermeasure to the lack of Iranian oil caused by the US sanctions.
Read More »Oil Trades Near US$69 as Signs of Higher Supply Offset Iran Fears
The U.S.-China trade tension restricts oil from rising further.
Read More »Novak. Falih Pledged Long-Term Cooperation
Novak and Falih discussed bilateral energy ties and the global energy market during a meeting in Moscow.
Read More »Saudi Arabia Seeks Investment Options in Sudan
The Kingdom has an advantage in being one of the leading players in the mining sector.
Read More »Rick Perry to Meet Russian. Saudi Counterparts Ahead of Iran Sanctions
Perry will be the most senior U.S. official to visit Russia since Trump met Russian President Vladimir Putin in Helsinki in July.
Read More »OPEC+ Technical Committee will Discuss Output Quotas Distribution
Russia would maintain its oil production on the level of July within OPEC+ deal.
Read More »OPEC Non-OPEC Coalition Schedules Extra Meeting Ahead of Sep 23 Algiers Meeting
OPEC and its partners agreed in late June to raise output by 1 million b d.
Read More »Saudi Arabia `Fully Committed` to Aramco IPO
To prepare for the listing of Saudi Aramco. the government has undertaken a number of major preparatory measures.
Read More »Saudi Energy Minister Denies Aramco IPO will be Called off
The government remains committed to the IPO of Saudi Aramco at a time of its own choosing when conditions are optimum.
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