Iran’s oil minister said on Monday that a majority of OPEC members support extending output cuts but a final decision will be taken at their next meeting on Nov. 30. Continue Reading
Don’t be fooled by the apparent dithering of OPEC and friends over whether to extend their output restraint when they meet at the end of the month. They know full Continue Reading
Saudi Arabia’s 32-year-old crown prince, Mohammed bin Salman, has spearheaded an anticorruption campaign. Authorities in Saudi Arabia are widening a corruption probe that has reached the upper echelons of the Continue Reading
As they mingled with Saudi Arabia’s business and political elite at the Ritz-Carlton in Riyadh last month, the world’s top financiers were effusive in their praise of Crown Prince Mohammed Continue Reading
Iran could ship its first export-bound cargo of LNG at the end of 2018, BMI Research said , after a JV between Iran’s Kharg Gas Refining Co. and Helma Vantage Continue Reading
The Trump administration is looking at ways to quickly strengthen Saudi Arabia’s missile defenses and disrupt the flow of advanced Iranian-made weapons across the Middle East as concerns grow over Continue Reading
Since the Kurdish referendum in late September, when Iraqi Kurds overwhelmingly voted for independence from Iraq, there has been a drop in crude flows through the Kirkuk-Ceyhan pipeline, as tension Continue Reading
The world will still have a surplus of oil by end-March next year, Saudi Arabia’s energy minister said on Thursday, signaling a willingness to extend output cuts when OPEC meets Continue Reading
The 600,000 barrels per day Port Arthur refinery has exclusively processed Saudi Arabian crude since 1988, when Saudi Aramco first bought a stake in the facility—the largest of its kind Continue Reading
As we noted shortly after the Crown Prince’s purge of potential rivals within Saudi Arabia’s sprawling ruling family, while the dozens of arrests were made under the pretext of an Continue Reading
