OPEC

Smoke and flames rise from a Saudi Aramco oil facility in Jeddah.Source: -/AFP/Bloomberg
Analysis

OPEC wants Russia as an oil ally, in peace and in war

For the oil cartel, wars are business as usual. Whatever happens in Ukraine, Saudi Arabia wants Russia alongside it

FILE PHOTO: A 3D-printed oil pump jack is seen in front of displayed OPEC logo
Global Economy

OPEC meets with US shale executives as oil prices skyrocket

Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, US, 21 April, 2020. PHOTO: REUTERS/Drone Base
World+Biz

Oil slips from seven-year high ahead of more US-Iran talks

A GOI company truck is seen next to fuel pumps at a Cepsa petrol station in Cuevas del Becerro, Spain, on 29 November 2021. Reuters
World+Biz

Oil prices rebound as growing political tensions fuel supply fears

A 3D printed oil pump jack is seen in front of displayed Opec logo in this illustration picture. REUTERS
World+Biz

Oil rises to $82 as demand recovery seen on track

The sun sets behind an oil pump outside Saint-Fiacre, near Paris, France, 17 September, 2019. PHOTO: REUTERS/Christian Hartmann/File Photo
Global Economy

Oil slips below $80 after OPEC+ output hike decision

The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, September 28, 2016. Photo :Reuters
Global Economy

OPEC, allies agree on another modest oil output hike

Photo :Collected
World+Biz

OPEC names Kuwait oil executive as secretary general

More difficult times ahead. Photographer: Stefan Wermuth/Bloomberg
Analysis

Expect more turbulent years ahead for the oil producers

The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, September 28, 2016. Photo :Reuters
World+Biz

OPEC postponses technical meetings to evaluate Omicron impact -sources

Liam Denning. Illustration: TBS
Thoughts

Biden’s stock-and-awe oil offensive

A gas pump is seen in a car at a Shell gas station, after a cyberattack crippled the biggest fuel pipeline in the country, run by Colonial Pipeline, in Washington, D.C., US, May 15, 2021. Photo :Reuters
Global Economy

Will gasoline prices drop in 2022? It depends on OPEC and US shale

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

OPEC trims 2021 demand forecast but says gas price surge could help