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OPEC Saudi Arabia Newsletter
  • Soaring Russian Oil Imports Drag OPEC’s Market Share in India to a Record Low 19 Apr 2024 17:44 GMT

    … dragged down the share of OPEC and Middle East supply to … roughly equal volumes of OPEC and non-OPEC crude, thanks to the … imports from non-OPEC producer Russia.  Higher prices of Saudi crude and … the low share of the OPEC and Middle Eastern crude of …

  • Russia, Saudi Arabia may be manipulating oil prices to help Trump: MSNBC 19 Apr 2024 14:12 GMT

    … conspiracy theory that Russia and Saudi Arabia are purposefully driving up … more deliberate, even political. Like Saudi Arabia and Russia continuing to … Since 2023, Saudi Arabia as well as the Organization of the Petroleum Exporting Countries (OPEC) have been …

  • OPEC+ Can Stop An Oil Rally To $100 19 Apr 2024 00:04 GMT

    … Check “It’s easier for OPEC and OPEC+ to be the 800 … barrel this summer.   When Will OPEC+ Intervene? Oil prices will … Strategic Petroleum Reserves or key OPEC producers holding a significant … is in the Gulf producers Saudi Arabia, the United Arab Emirates …

  • Saudi Arabia Needs Oil Price Near $100, IMF Says 18 Apr 2024 22:35 GMT

    … in London. The Saudis have led the OPEC+ alliance in curbing … market, some analysts expect that OPEC+ may start to unwind … players.  Kazakhstan and Iran, fellow OPEC+ members, also saw their … deep output sacrifices as the Saudis — remained broadly stable or …

  • Ruhle Claims High Gas Prices Are A Russo-Saudi Plot To Elect Trump 18 Apr 2024 16:35 GMT

    … more deliberate, even political. Like Saudi Arabia and Russia continuing to … s premise that Russia and Saudi Arabia are trying to get … has nothing to do and OPEC and Russia and all of … more deliberate, even political. Like Saudi Arabia and Russia continuing to …

  • Oil down over 3pc during the week despite Israel-Iran tensions 20 Apr 2024 03:41 GMT

    … largest oil producer in the Organization of the Petroleum Exporting Countries (OPEC), according to Reuters data … reported on Friday. OPEC+ members, led by Saudi Arabia and Russia, last …

  • Why Angola left OPEC 18 Apr 2024 09:00 GMT

    Saudi Arabia’s then Energy Minister Khalid al-Falih (center) and OPEC … of Petroleum Exporting Countries (OPEC) effective January 1, 2024 … quota determined by OPEC,” Angola’s OPEC Governor Estevao … announced their commitment to OPEC. The reputational damage …

  • Saudi’s Feb crude exports edge up to 6.317mn bpd 17 Apr 2024 12:15 GMT

    Saudi Arabia’s crude oil … other members of the Organization of the Petroleum Exporting Countries (OPEC) and publishes them on … supply risks Data showed that Saudi refineries’ crude throughput rose … 39 million bpd. Separately, Saudi Arabia has raised the official …

  • Oil will keep drawing strength from Middle East geopolitics, OPEC+ strategy for now 17 Apr 2024 09:37 GMT

    … Tehran's OPEC counterparts -- Saudi Arabia and the UAE … ongoing geopolitical developments and OPEC+'s supportive market … growth outside of OPEC+. In 2024, non-OPEC+ liquids production … outside of OPEC+, crude oil production within OPEC+ is expected …

  • IMF says Israel's war on Gaza will slow Middle East economic growth 19 Apr 2024 18:25 GMT

    … cuts - most notably by Saudi Arabia - are expected to … -Gulf hydrocarbon producers. Saudi Arabia and Russia led other Opec+ members last … of the de facto Saudi-led Organization of the Petroleum Exporting Countries (Opec) and allies led by …

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