Saudi Oil Deal: A Landmark AgreementReports the agreement to allow western oil companies to develop the natural gas sector in Saudi Arabia. View of Prime Minister Saud Al Faisal on the agreement; Terms of the agreement; Friction between Saudi Arabia and the U.S. over higher oil prices....
OPEC is working on a “very long-term” deal to try to extend its alliance with other oil producers, Secretary General Mohammad Barkindo said at an energy conference in Baghdad, Iraq on Wednesday. Barkindo’s comments followed news at the start of the week in which Saudi Arabia’s C...
President Trump said he expects Russia and Saudi Arabia will reach an agreement “soon” to cut oil production by 10 million to 15 million barrels per day. “I don’t know what they’re agreeing to,” he said. “I think they might agree to more than that.” Earlier Thursday, oil pric...
Saudi Arabia has told the White House it would be willing to boost oil production early next year if crude prices are high, a move aimed at winning goodwill in Congress for a deal in which the kingdom would recognize Israel and in return get a defense pact with Washington, Saudi ...
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Saudi Arabia is making a high stakes investment in India as the world’s largest crude oil exporter seeks to deepen its ties with the fastest growing energy consumer...
US puts pressure on Saudi Arabia to end oil price war. 美国向沙特阿拉伯施压,停止石油价格战。put pressure on someone to do sth Pompeo calls on Riyadh to 'rise to the occasion' as crude level remains at 17-year lows. call on 在这里表示要求某人做某事,demand that sb do sth,或者use someone...
Oil producers shifting to a market share race? Saudi Arabia's and Russia's strategies reveal a shift to prioritizing market share rather than market stabilization and price support. Current production levels in the Middle East and North Africa are about 2 million bpd less than their peak levels...
China’s oil peak and US LNG's rise: Yergin maps a new global energy order Published11 December 2024 10:56 GMT Exclusive Aramco triggers bid battle for multiple EPCI projects, targeting some of Saudi Arabia’s largest offshore oilfields ...
Saudi Arabia and other major oil producers say they will cut oil production by 1.15 million barrels per day from May until the end of 2023. The Saudi Energy Ministry said Sunday that its cuts of 500,000 barrels per day were in addition to a reduction ann
Saudi Arabia’s energy minister has defended the kingdom’s decision to extend oil production cuts, insisting the move was not about “jacking up prices” even as crude futures push towards $100 a barrel. Riyadh and Moscow earlier this month announced they would prolongcuts to productionand exp...