OPEC

Without help for oil-producing countries, net zero by 2050 is a distant dream

2021-09-08

In the Middle East and north Africa, global warming is not a distant threat, but an already painful reality. Rising temperatures are exacerbating water shortages...

details

What's behind Biden's not-so-green request for more oil? Gas prices

2021-08-15

The White House is worried about “the need for reliable and stable global energy markets,” according to a statement by national security adviser Jake Sullivan released on Wednesday...

details

OPEC Will Boost Oil Output—But Don't Expect Lower Prices at the Pump

2021-07-24

Although more supplies will be coming to market, the economic impact of this decision will depend on issues of timing, royal rapprochement, and new COVID surges.

details

Battle of the Barrels

2021-07-19

The public disagreement between the United Arab Emirates (UAE) and Saudi Arabia this week in the OPEC+ group has shaken international markets given the high stakes involved for a deal supporting...

details

Iraq Oil Export Declined in June

2020-07-02

The daily Iraqi oil export has declined during June from 3.21 to 2.8 which was in the previous month according to the ministry of Oil statement on Wednesday.

details

You May Pay More at the Pump, as OPEC+ Cuts Oil Production

2020-06-11

The intervention of President Trump, worried by the decimation of comparatively high cost U.S. shale oil production companies, forced President Putin and Saudi Crown Prince Mohammad bin Salman to back off...

details

Will the OPEC Agreement Work and, If So, How Long Will It Last?

2020-04-16

The market appears to doubt that the deal will suffice, and royal family dynamics could push the oil crisis into further rounds.

details

Main Factors That Influence Global Oil Price

2018-08-11

It is important for any investor to think about putting their money into oil to consider how the price of oil is affected

details