Saudis deny dollar-ditching rumour
Policy
Saudi Arabia’s Ministry of Energy, Industry and Mineral Resources has denied claims that the kingdom was threatening to sell its
All posts in Saudi Arabia
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Saudi nuclear reactor nears completion: ex-inspector
Consumption
Saudi Arabia has almost completed its first nuclear reactor, despite not having secured UN agreements amid fears of a renewed
Novak promises Russian compliance with Opec+ cuts
Industry
Russian Energy Minister Alexander Novak says the country’s oil producers will be fully compliant with Opec-led supply cuts over the
Oil prices forecast to rise amid Saudi cuts
Consumption
Global oil prices are being forecast by Goldman Sachs to rise by as much as 12 per cent as Saudi
Saudis sign $10bn refinery deal with China
Policy
Saudi Crown Prince Mohammed bin Salman and Chinese President Xi Jinping have signed a US$10-billion joint venture to develop a
Book review: Energy Kingdoms explains why Gulf states must end free energy
Opinion
At the office tower where I worked, colleagues propped open lobby doors when they went outside to smoke so that
Oil prices fell amid instability
Policy
Oil prices fell today (Thursday) amid currency and stock market instability, and as analysts warned of an economic slowdown as
Oil price volatility remains as Opec output cut looms
Production
Oil prices have risen today (Thursday), buoyed by a drawdown in US crude stockpiles and indications that China is beginning
US, Russia, Saudi Arabia and Kuwait block climate study
Industry
Attempts to adopt a high-profile scientific study into the COP24 climate talks in the Polish city of Katowice have failed.
Saudi minister attacks Macron fuel tax
Environment
Saudi Arabia’s energy minister, Khalid Al-Falih, has attacked France’s attempt to raise taxes on fuel and warned other nations of
Oil price falls as US, Russia and Saudi output soars
Production
Oil prices have fallen as record crude production by the world’s three largest producers offset supply worries about US sanctions
Russia replaces west at Saudi conference
Policy
Echoing moves into Iran after Donald Trump’s withdrawal from the 2015 nuclear deal, Russia and China have filled the holes
Oil price forecast to exceed $100
Production
A global supply surplus sent Brent crude oil falling from US$114 a barrel in June 2014 to less than US$30
Opec appears happy with high oil price
Production
Donald Trump’s demand that Opec reduces oil prices was dismissed as the group said it would only boost output if
$90 barrels possible by November: analyst
Consumption
Limited capacity in the market leaves US$90 for a barrel of oil a likely prospect by November, according to an