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Tag: OPEC

Saudi Arabia cuts oil output to support future oil prices

SAUDI Arabia’s decision to cut oil output by one million barrels per day (bpd) for February and March this year … More

Oil, OPEC, Saudi Arabia

Oil exporting Mena countries to lose Dh991 billion in 2020: IMF

Oil-exporting countries in the Middle East and North Africa will lose $270 billion (Dh991 billion) in oil export receipts in … More

Financial, IMF, Middle East, Oil & Gas, OPEC

OPEC, allies agree to extend deep output cuts through July

The OPEC 13-member cartel and its allies, notably Russia, decided to extend by a month deep May and June cuts agreed in April to boost prices,

Brent, Covid19, Oil, OPEC, Production Cuts

Commentary: Low oil prices gives Asia the chance to steer Middle East geopolitics

In a buyers’ market, Asian countries can seize the moment to develop oil contracts that give the Iraqi industry a much-needed boost,

Asia, Business, Economy & Law, Energy, Iran, Iraq, Oil, OPEC, Policy, Saudi Arabia, US

US to remove Patriots, other military assets from Saudi Arabia

WSJ: four batteries of Patriot surface-to-air missiles sent to deter Iranians will be removed from Saudi oil facilities. The United … More

Coronavirus, Covid19, Diplomacy, Economy & Law, Energy, Iran, Middle East, Military, OPEC, Pandemic, Policy, Politics, Saudi Arabia, US, War

Oil prices fall as producers keep pumping crude

Oil prices declined on Monday after three days of gains as worries of a supply glut resurfaced on new data showing production levels were higher in April.

Business & Economy, Energy, Europe, Financial Markets, Oil, OPEC, US, West Asia

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  • Calls grow in Malaysia to decouple voting reforms to allow younger voters to take part in election April 18, 2021
  • 40 healthcare workers in Malaysia infected after Covid-19 vaccination reported less severe symptoms April 18, 2021
  • Malaysian Bar sues govt to invalidate some emergency laws April 18, 2021
  • Anwar slams PN failure as Covid-19 crisis worsens April 18, 2021
  • Ex-inspector arrested for spreading rumours of cop cartel April 18, 2021
  • The fortified cities on the fringes of the Sahara April 17, 2021
  • Seeing the sights of Kuala Terengganu on a walking tour April 17, 2021
  • Canadian lawmaker caught naked during video conference April 17, 2021
  • Japan artisans showcase Olympic collection under virus cloud April 17, 2021

Top Posts & Pages

  • The Most Proud Contemporary Indonesian Guitarist: Alip Ba Ta
    The Most Proud Contemporary Indonesian Guitarist: Alip Ba Ta
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    The fortified cities on the fringes of the Sahara
  • Mahathir clarifies his 'DAP sometimes extreme' remarks
    Mahathir clarifies his 'DAP sometimes extreme' remarks
  • Seeing the sights of Kuala Terengganu on a walking tour
    Seeing the sights of Kuala Terengganu on a walking tour
  • 40 healthcare workers in Malaysia infected after Covid-19 vaccination reported less severe symptoms
    40 healthcare workers in Malaysia infected after Covid-19 vaccination reported less severe symptoms
  • Ex-inspector arrested for spreading rumours of cop cartel
    Ex-inspector arrested for spreading rumours of cop cartel
  • I wasn’t cursing the PM, vendor at Ramadan bazaar insists
    I wasn’t cursing the PM, vendor at Ramadan bazaar insists
  • Calls grow in Malaysia to decouple voting reforms to allow younger voters to take part in election
    Calls grow in Malaysia to decouple voting reforms to allow younger voters to take part in election
  • Sheraton Move: Skullduggery captured on canvas
    Sheraton Move: Skullduggery captured on canvas
  • Thousands of Palestinians attend Friday prayers at al-Aqsa mosque
    Thousands of Palestinians attend Friday prayers at al-Aqsa mosque

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