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June 3, 2022
White House praises Saudi royals on Yemen truce before expected Biden trip
June 2, 2022
The rumors are still making the rounds that OPEC+ may suspend Russia and that Saudi Arabia may increase production as price continues to soar.
May 30, 2022
EU countries failed to agree on a Russian oil import ban despite last-minute haggling on Monday
May 27, 2022
Brent crude futures fell 11 cents to $117.29 a barrel by 0:08 GMT. WTI crude futures for July delivery fell 19 cents to $113.90 a barrel.
May 23, 2022
Energy Minister Prince Abdulaziz Bin Salman said that OPEC+ would increase production “if demand is there.”
May 16, 2022
Brent crudeย futures were down 64 cents, or 0.6%, at $110.91 a barrel at 0137 GMT, while US West Texas Intermediate (WTI) crude futures dropped 60 cents, or 0.5%, to $109.89 a barrel.
May 16, 2022
Crude oil exports from Saudi Arabia fell slightly in March from February, when the worldโs top crude exporter shipped the highest level of crude since April 2020
May 12, 2022
Saudi Minister of Energy Prince Abdulaziz bin Salman has said that blaming OPEC+ is aimed at diverting attention from the rise in prices of other energy types.
May 12, 2022
Saudi Minister of Energy Prince Abdulaziz bin Salman has said that blaming OPEC+ is aimed at diverting attention from the rise in prices of other energy types.
May 10, 2022
The extreme volatility in the oil market in recent weeks is the result of some buyers boycotting certain crudes and is not connected with OPEC+, and is outside the alliances control