OPEC and its allies will not hold their emergency virtual meeting on Monday and will likely postpone it until April 8 or 9 to allow more time for negotiations among Continue Reading
OPEC and its allies are working on a deal for an unprecedented oil production cut equivalent to around 10% of worldwide supply in what they expect will be a global Continue Reading
The current optimism of analysts and the media that an end to the ongoing OPEC+ oil price spat is near is entirely unjustified. The ongoing oil market volatility, the battle Continue Reading
Saudi Arabia and Russia are pressing the U.S. to coordinate oil output cuts in an attempt to stabilize prices, OPEC officials said, as the demand for crude plummets amid the Continue Reading
The OPEC+ meeting to try to end the oil price war is unlikely to go ahead on Monday as previously expected, as Riyadh and Moscow trade barbs about who’s to Continue Reading
DUBAI, United Arab Emirates (AP) — Saudi Arabia sharply criticized Russia on Saturday over what it described as Moscow blaming the kingdom for the collapse in global energy prices, showing Continue Reading
Highlights Rise of almost 500,000 b/d in two months Mar output was close to 2.9 mil b/d says KPC chairman Exports from the offshore Al-Khafji field begin London — OPEC Continue Reading
Prime Minister Narendra Modi’s call to Indians to switch off lights Sunday evening for nine minutes and instead use candles to “challenge the darkness” of the coronavirus outbreak will mean Continue Reading
Hector Retamal/Agence France-Presse — Getty Images Liu Pei’en held the small wooden box that contained his father’s remains. Only two months ago, he had helplessly clutched his father’s frail hand Continue Reading
China is hurting. The entire global economy has taken a huge hit from the spread of the coronavirus, but so far none have been hit as hard as China, where Continue Reading
