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August 11, 2025

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MONDAY, AUGUST 11, 2025

OPEC+

A 3D-printed oil pump jack is seen in front of the OPEC logo in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic/File Photo
Global Economy

Oil rises as OPEC+ focus on supply cuts outweighs recession concerns

A 3D-printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic
Global Economy

OPEC+ countries cut output by 40,000 bpd in October: IEA

Photo: Reuters
Global Economy

Saudi, UAE defend OPEC decision to cut oil production, despite US warning

Opec+ decision to cut oil prices: Is the US-Saudi marriage on the rocks?
Analysis

Opec+ decision to cut oil prices: Is the US-Saudi marriage on the rocks?

Saudi Arabia's Minister of Energy Prince Abdulaziz bin Salman Al-Saud speaks at the Future Investment Initiative conference, in Riyadh, Saudi Arabia, October 25, 2022. REUTERS Ahmed Yosri
Global Economy

Saudi Arabia 'maturer guys' in spat with US: Energy minister

US President Joe Biden speaks on the phone with Russia's President Vladimir Putin about a possible Russian invasion of Ukraine, as Biden spends the weekend at the US presidential retreat at Camp David, in this official White House handout photo released after the call took place in Thurmont, Maryland, US February 12, 2022. Photo :Reuters
Global Economy

Biden to release 15M barrels from oil reserve, more possible

Pump jacks operate in front of a drilling rig in an oil field in Midland, Texas U.S. August 22, 2018. REUTERS/Nick Oxford
Global Economy

Oil prices stable as economic fears offset supply woes

A 3D-printed oil pump jack is seen in front of the OPEC logo in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic/File Photo
World+Biz

White House pushes back on Saudi claim oil cut was 'purely economic'

A view shows the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022. REUTERS/Tatiana Meel
Global Economy

OPEC+ oil supply cuts could tip world into recession, IEA says

Senator Dan Sullivan (R-Alaska) holds a photo of a gas pump display featuring a sticker of President Joe Biden during a press conference about high gas prices on April 6 in Washington.Photographer: Elizabeth Frantz/Reuters
Bloomberg Special

The world's hunger for US oil and gas has Biden walking a tightrope

A 3D-printed oil pump jack is seen in front of the OPEC logo in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic/File Photo
Global Economy

Oil takes a breather, eases off 5-week highs

OPEC+ ministers defend their production cut.Photographer: Akos Stiller/Bloomberg
Bloomberg Special

Oil production cut could be 10% real, 90% illusion

A man wearing a protective face mask following an outbreak of the coronavirus disease (Covid-19) walks past a screen displaying the world's markets indices outside a brokerage in Tokyo, Japan, March 17, 2020. Photo :Reuters
Global Economy

Asian shares rise, oil extends gains after OPEC+ deal

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