Saudi Arabia will make deep production cuts in July as part of a broader output-limiting OPEC+ deal as the group faces flagging oil prices and a looming…
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Roydad Naft News Agency – OPEC and its allies met on Sunday to try to agree further cuts in production, sources told Reuters, as the group faces…
Roydad Naft News Agency – OPEC+ talks in the Austrian capital Vienna dragged on as a fight with some African members kept an agreement on production from…
Roydad Naft News Agency – OPEC and its allies meet today in the Austrian capital Vienna to debate a new deal possibly adjusting countries’ output quotas and…
Roydad Naft News Agency – Iran’s OPEC Governor Amir Hossein Zamaninia on Saturday said “everything is on the table” for OPEC+ to make its decision on production…
Roydad Naft News Agency- OPEC and its allies are discussing deepening oil production cuts, possibly by as much as 1 million barrels per day, three sources told…
Roydad Naft News Agency – OPEC and its allies are unlikely to decide on further oil supply cuts at a meeting on Sunday despite a fall in…
Roydad Naft News Agency – OPEC and its allies are unlikely to deepen supply cuts at their ministerial meeting on Sunday despite a fall in oil prices…
Roydad Naft News Agency – Mixed signals by major OPEC producers and their main allies have sparked volatility in oil prices ahead of an OPEC+ oil policy…
Roydad Naft News Agency- Oil fell by nearly 2% on Tuesday as concerns about the U.S. debt ceiling pact cooled the market’s risk-on sentiment and mixed messages…
Roydad Naft News Agency- OPEC Secretary General, His Excellency Haitham Al Ghais, said that the OPEC family welcomes back the full return of Iran’s oil production to…
As Middle Eastern producers were thinking of formula prices for their cargoes loading in June, they did not necessarily see the scope of the macroeconomic headwinds that…
Roydad Naft News Agency – Iran’s president held talks with the Organization of the Petroleum Exporting Countries secretary general here on Saturday, calling for unity among OPEC…
Roydad Naft News Agency – OPEC Secretary General Haitham Al Ghais arrived in Tehran on Friday to hold talks with President Seyyed Ebrahim Raeisi and Oil Minister…
Roydad Naft News Agency- Russia is leaning towards leaving oil production volumes unchanged ahead of an OPEC+ policy meeting on June 4 because Moscow is content with…
The number of short positions in oil essentially betting that prices will fall has risen ahead of the next OPEC+ policy meeting on June 4, analysts said,…
Top OPEC producers and their main allies have given a raft of conflicting messages about next oil policy moves, making it particularly difficult to predict the outcome…
Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman said on Tuesday he would inflict more pain on short sellers and told them to watch out just days…
OPEC Secretary-General Haitham Al Ghais said on Monday that underinvesting in the oil and gas sector could cause market volatility in the long term and imperil growth.
Middle East crude prices in Asia fell to their lowest level in months, despite OPEC+ production cuts, traders said, as Asian refiners held back spot purchases and…