OPEC agreed with Russia and other oil-producing allies on Saturday to raise output from July, with Saudi Arabia pledging a “measurable” supply boost but giving no specific numbers. The Organization Continue Reading
Iran said on Saturday the world will see little extra oil reaching the market if OPEC and its partners adhere properly to a supply pact, underlining a disagreement with top Continue Reading
On Wednesday, MSCI said that it would reclassify Saudi Arabia as an emerging market, a move that will bring billions of dollars of inflow to the oil producing country. The Continue Reading
Her late father was a pillar of the Islamic republic. But for Faezeh Hashemi Rafsanjani, the survival of the system in Iran that her family helped create requires negotiations with Continue Reading
Saudi Arabian state-owned oil company Saudi Aramco wants to be present in the entire “value chain” of India’s energy sector, its Chief Executive Officer Amin Nasser said on Monday in Continue Reading
The June 12 Trump-Kim summit in Singapore has had an overall positive effect on the oil industry, cooling down expectations about the imminence of a major conflict driven by the Continue Reading
While the U.S. shale production in the Permian has been grabbing most of the market and media attention over the past two years, the Gulf of Mexico has been quietly Continue Reading
A large plume of smoke rising from BP’s Deepwater Horizon offshore oil rig in the Gulf of Mexico in April 2010. (Gerald Herbert/AP) President Trump on Wednesday ended an eight-year-old Continue Reading
U.S. shale companies, which kept pumping when the rest of the world cut back oil production, are in a strong position to benefit now that the Organization of the Petroleum Continue Reading
Throughout history the strong bond between the United States and Europe, arguably the world’s most important alliance, has been decisive within the international arena. Massive migration from the ‘old world’ Continue Reading
