Monday’s oil-price crash could knock numerous US shale oil producers out of business, according to observers. High-cost US shale operators
Saudi Arabia’s energy ministry has told oil giant Saudi Aramco to boost its production capacity from 12 million barrels per
Marriage is a non-binding contract. Each party is free to walk away from it. Its dissolution, however, always has consequences.
The collapse of Russia and Opec talks to further deepen oil exports due to the coronavirus are set to create
Oil prices have tumbled after Russia refused to reach a deal with Opec to reduce output to counter the slump
Opec is close to agreeing the largest oil production cuts since the 2008 financial crisis amid warnings that Covid-19 may
Russia appears to have increased oil output ahead of the meeting tomorrow (Wednesday) with Opec (Organisation of Petroleum Exporting Countries)
“The history of OPEC proves that there is no inherent contradiction between defending national interests (the role of nation-states as
Opec (the Organisation of the Petroleum Exporting Countries) says it has not decided whether to extend oil output cuts. Saudi
The coronavirus (Covid-19) is upending two fundamental tenets of globalization: flow of people and goods and a booming Chinese economy.
The world’s largest oil exporter, Saudi Arabia, has purportedly cut exports to Eastern Asia for next month in response to
Russia has said it needs more time to decide whether to agree to further Opec oil output limits, questioning how
The Organisation of the Petroleum Exporting Countries (Opec) and Russia have said they have agreed to cut crude output, boosting
Oil prices have rebounded as output from the world’s largest oil producers fell during the third quarter, although the restoration
We are living in an age of plenty, at least when it comes to oil. There is more production globally