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Saudis Consider a World Without OPEC

Saudi Arabia’s top government-funded think tank is studying the possible effects on oil markets of a breakup of OPEC, a remarkable research effort for a country that has dominated the oil cartel for nearly 60 years......»»

Category: topSource: wsjNov 9th, 2018

Saudis consider a world without OPEC

Saudi Arabia’s top government-funded think tank is studying the possible effects on oil markets of a breakup of OPEC, a remarkable research effort for a country that has dominated the oil cartel for nearly 60 years......»»

Category: topSource: moneycentralNov 8th, 2018

Saudis consider a world without OPEC

Saudi Arabia’s top government-funded think tank is studying the possible effects on oil markets of a breakup of OPEC, a remarkable research effort for a country that has dominated the oil cartel for nearly 60 years......»»

Category: topSource: moneycentralNov 8th, 2018

Russia's Wait-and-See Stance on OPEC+ Cuts Shows Gap With Saudis - Bloomberg

BloombergRussia's Wait-and-See Stance on OPEC+ Cuts Shows Gap With SaudisBloombergRussia's energy minister insisted the country and its allies in OPEC need t.....»»

Category: topSource: googlenewsNov 19th, 2018

Saudis Move to Counter U.S. Oil Strategy

Saudi Arabia is moving to cut the world’s oil supply after U.S. government deals allowed hundreds of thousands of barrels a day of Iranian oil to flow onto world markets, driving down prices......»»

Category: asiaSource: wsjNov 17th, 2018

Crude Crashes As Saudis Abandon OPEC Production Curbs

For the first time since the Vienna OPEC deal in 2016, Saudi Arabia is no longer complying with the quota as Bloomberg calculates that in Octo.....»»

Category: blogSource: zerohedgeNov 13th, 2018

Risking Trump ire, OPEC builds case for oil supply cut

OPEC built a case on Tuesday for cutting oil output when it meets next month, warning that a supply glut could emerge in 2019 as the world economy slows and rivals increase production more quickly than expected......»»

Category: topSource: reutersNov 13th, 2018

OPEC warns of 2019 oil glut as demand slows, rival supply rises

OPEC warned on Tuesday that an oil supply glut could emerge in 2019 as the world economy slows and supply from rival producers rises more quickly than expected, building a case for cutting output at a meeting next month......»»

Category: topSource: reutersNov 13th, 2018

US Strategic Petroleum Reserve’s 700 Million Barrels Is Huge Safety Net

If there is a major export cut from the Saudis, OPEC or any other large producers, the United States has a massive buffer in the Strategic Petroleum Reserve......»»

Category: blogSource: 247wallstNov 13th, 2018

Saudis See Need for Major Oil Supply Cut as Fears of a Glut Grow - Bloomberg

BloombergSaudis See Need for Major Oil Supply Cut as Fears of a Glut GrowBloombergSaudi Arabia said OPEC and its allies should reverse about half the increase in oil output.....»»

Category: topSource: googlenewsNov 12th, 2018

The Wall Street Journal: Saudis to reduce oil output, as OPEC still debates production cuts

Plummeting oil prices and signs of a coming global oversupply are bringing producers closer to a pact to cut output......»»

Category: topSource: marketwatchNov 11th, 2018

Venezuela to Present Petro at OPEC as the "Digital Currency for Oil"

Venezuela is hoping the world's oil markets will start using its controversial national cryptocurrency, the petro......»»

Category: forexSource: coindeskNov 10th, 2018

The Long Struggle for Supremacy in the Muslim World

Turks and Saudis have been enemies for centuries. Now the Khashoggi investigation has rekindled their fierce rivalry—and may upend the politics of the Middle East.....»»

Category: topSource: wsjOct 28th, 2018

Long Struggle for Supremacy in the Muslim World

Turks and Saudis have been enemies for centuries. Now the Khashoggi investigation has rekindled their fierce rivalry—and may upend the politics of the Middle East.....»»

Category: topSource: wsjOct 27th, 2018

Oil market trusts Saudis for now to temper Iran sanctions impact

Saudi Arabia, the world's largest oil exporter, has become a source of market uncertainty just as the U.S. is about to curb Iran's oil exports......»»

Category: topSource: moneycentralOct 22nd, 2018

World"s fourth-biggest oil producer can"t keep lights on

Iraq is fast becoming a global oil powerhouse, gaining stature in OPEC after it surpassed Canada this year as the world’s fourth-biggest producer. But the war-ravaged country has little to show for its feat......»»

Category: topSource: moneycentralOct 22nd, 2018

World"s fourth-biggest oil producer can"t keep lights on

Iraq is fast becoming a global oil powerhouse, gaining stature in OPEC after it surpassed Canada this year as the world’s fourth-biggest producer. But the war-ravaged country has little to show for its feat......»»

Category: topSource: moneycentralOct 22nd, 2018

World"s fourth-biggest oil producer can"t keep the lights on

Iraq is fast becoming a global oil powerhouse, gaining stature in OPEC after it surpassed Canada this year as the world’s fourth-biggest producer. But the war-ravaged country has little to show for its feat......»»

Category: topSource: moneycentralOct 22nd, 2018

World"s fourth-biggest oil producer can"t keep the lights on

Iraq is fast becoming a global oil powerhouse, gaining stature in OPEC after it surpassed Canada this year as the world’s fourth-biggest producer. But the war-ravaged country has little to show for its feat......»»

Category: topSource: moneycentralOct 22nd, 2018

In Khashoggi Disappearance, Turkey’s Slow Drip of Leaks Puts Pressure on Saudis

The calculated media strategy has proved remarkably effective for President Erdogan, ensuring that the case remains front page news around the world......»»

Category: mediaSource: nytOct 19th, 2018

Uber illustrates the long Saudi shadow of the U.S. business world

The ride-sharing company took a $3.5B investment from Saudis in 2016......»»

Category: topSource: washpostOct 19th, 2018