The statement said the kingdom will coordinate with other producers.
Read More »Saudi. Russia Reaffirm OPEC Deal of MM-bbl Oil Boost
The terms of the agreement reached last month were ambiguous.
Read More »OPEC Oil Output Climbs in June as Saudi Opens Taps
Nigerian supply dropped due to loading delays affecting several of the country'.s crude streams.
Read More »Abu Dhabi could Raise Output Capacity by 200.000 bpd in 2018
The UAE'.s state oil producer and energy ministry pledged to help OPEC and allies meet any market shortages this year.
Read More »Oil Falls Amid Rising Saudi Output. Asian Economic Slowdown
Trump warned close U.S. allies in an interview that aired on Sunday with a threat to sanction European companies that do business with Iran.
Read More »Trump Warns European Companies against Iran Ties
Rising gasoline prices could create a political headache for Trump ahead of the November elections.
Read More »Nord Stream-2 Exclusively Commercial Project
Any sanctions against the project would be illegal and unacceptable. the Kremlin stressed .
Read More »Trump Accused OPEC of Prices Manipulation
Trump said in a tweet on Saturday that Saudi Arabia’s King Salman bin Abdulaziz Al Saud had agreed to produce more oil.
Read More »Saudi Arabia to Cut Aug Arab Light Crude Price from 4-yr High
State oil giant Saudi Aramco sets its crude prices based on recommendations from customers.
Read More »Trump’s Oil Diplomacy Won’t Fix Supply Fears amid Iran Squeeze
Trump tweeted on Saturday that he’d gotten an agreement from Saudi Arabia’s King Salman to boost output.
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