Tag Archives: Organization of the Petroleum Exporting Countries (OPEC)

Saudi-Iran tensions. and the stand-off on the Korean Peninsula. could impact oil markets this year.

The OPEC cut has boosted prices. which topped $71 a barrel this year for the first time since late 2014.

Saudi Arabia’s expectations for how long OPEC will need to persevere with production cuts seem to be shifting once again.

Last year. Saudi Arabia pledged billions of dollars of investments in projects in Indonesia and Malaysia.

The price for April futures of the North Sea Brent oil mix has increased by 0.01 percent to $67.32 per barrel.

Saudi Arabia is undergoing a truly seismic shift in its economy. politics. and society. all thanks to the oil price crash of 2014.

The IPO is the centerpiece of the kingdom’s plan to wean its economy off oil.

Many agencies have documented the decline in inventories.

OPEC and non-OPEC members were committed to bringing stability and to balancing the market.

There’s speculation OPEC is willing to make official Russia’s involvement with the group.