Opec

OPEC
Malaysia Says OPEC+ Decision to Cut Output Made to Address Market Uncertainties
Malaysia has said a decision by OPEC+ member states to cut oil production was unanimous, and made after taking into account the need to address market uncertain…
OPEC
Iraq Reiterates Support for OPEC+, Saudi Arabia
Iraq's foreign ministry said late on Tuesday that it refuses any threatening or pressuring policy.
Crude Oil
Saudi Arabia, United States Clash Over Reason for OPEC+ Oil Cut
Saudi Arabia rejected as "not based on facts" criticism of an OPEC+ decision last week to cut its oil production target despite U.S. objections.
Crude Oil
Oil Slides as U.S. Crude and Gasoline Stocks Surge
Oil prices slipped in early Asian trade on Friday as U.S. crude and gasoline inventories jumped, while Saudi Arabia and Washington continued to clash over plans…
OPEC
U.S. Officials Promised Saudis It Wouldn’t Let Oil Market Collapse
U.S. officials told Saudi Arabia prior to the OPEC+ meeting that it would help stave off a collapse in the oil market by buying oil at $75 per barrel to repleni…
Crude Oil
White House Leaves Door Open for Additional SPR Releases
The White House said on Tuesday that it has many options to counteract OPEC+’s looming production cuts, including the release of even more crude oil from the n…
OPEC
Prices at the Pump Are Ticking Higher After OPEC Decision
Gasoline prices in the United States have jumped over 3% since OPEC’s decision last week to cut output by 2 million barrels per day in November, reversing the …
OPEC
Saudi Aramco to Maintain Full Oil Supplies to Asia in Nov Despite OPEC+ Cuts
Saudi Aramco has told at least seven customers in Asia they will receive full contract volumes of crude oil in November ahead of the peak winter season.
Oil Price
Oil Takes a Breather, Eases off 5-Week Highs
Oil prices slipped on Monday, easing off five-week highs, as the market took profits following strong gains last week on expectations of tighter supplies follow…
OPEC
Saudi Aramco to Keep Full Oil Supplies to N. Asia in Nov Despite OPEC+ Cuts
Saudi Aramco has told at least five customers in North Asia they will receive full contract volumes of crude oil in November
OPEC
OPEC Oil Cuts Bad for Global Economy, Treasury Secretary Janet Yellen Tells Financial Times
U.S. Treasury Secretary Janet Yellen said a decision by the OPEC+ grouping to cut oil production was "unhelpful and unwise" for the global economy, especially e…
OPEC
Kremlin Praises OPEC+ for Countering U.S. 'Mayhem'
The Kremlin on Sunday praised OPEC+ for agreeing production cuts that had successfully countered the "mayhem" sown by the United States in global energy markets…
OPEC
Oil Jumps 4% to 5-Week High Lifted by OPEC+ Output Cut
Oil prices jumped about 4% to a five-week high on Friday, lifted again by an OPEC+ decision this week to make its largest supply cut since 2020 despite concern …
OPEC
Opec+ to Hold In-Person Meeting Next Week in Vienna
This will be the first in-person ministerial meeting since March 2020, the group says
Natural Gas
OPEC+ Has Begun Talks on Output Cut at Oct. 5 Meeting
Leading OPEC+ members have begun discussions about an oil output cut at the group's next meeting on Oct. 5, three sources told Reuters.

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Opec

Malaysia Says OPEC+ Decision to Cut Output Made to Address Market Uncertainties

Iraq Reiterates Support for OPEC+, Saudi Arabia

Saudi Arabia, United States Clash Over Reason for OPEC+ Oil Cut

Oil Slides as U.S. Crude and Gasoline Stocks Surge

U.S. Officials Promised Saudis It Wouldn’t Let Oil Market Collapse

White House Leaves Door Open for Additional SPR Releases

Prices at the Pump Are Ticking Higher After OPEC Decision

Saudi Aramco to Maintain Full Oil Supplies to Asia in Nov Despite OPEC+ Cuts

Oil Takes a Breather, Eases off 5-Week Highs

Saudi Aramco to Keep Full Oil Supplies to N. Asia in Nov Despite OPEC+ Cuts

OPEC Oil Cuts Bad for Global Economy, Treasury Secretary Janet Yellen Tells Financial Times

Kremlin Praises OPEC+ for Countering U.S. 'Mayhem'

Oil Jumps 4% to 5-Week High Lifted by OPEC+ Output Cut

Opec+ to Hold In-Person Meeting Next Week in Vienna

OPEC+ Has Begun Talks on Output Cut at Oct. 5 Meeting