Russia is using natural gas to punish Europe. Oil hasn’t yet been similarly weaponized, but talk…
Tag: Organization of the Petroleum Exporting Countries
OPEC+ Agrees to Small Production Cut Amid Recession Fears
OPEC+ agreed Monday to cut oil production for the first time in over a year, delegates…
Saudis, Allies Open Door to Oil-Output Cut to Keep Prices High
Updated Aug. 23, 2022 2:39 pm ET Listen to article (2 minutes) RIYADH, Saudi Arabia—Saudi Arabia…
Saudis, Allies Open Door to Oil-Output Cut to Keep Prices High
Saudi Arabia and some of its oil-producing allies have suggested cutting crude production, disappointing U.S. officials…
Saudis, Allies Open Door to Oil-Output Cut to Keep Prices High
Saudi Arabia and some of its oil-producing allies have suggested cutting crude production, disappointing U.S. officials…
Saudi Crown Prince Visits Paris, With Oil on the Agenda
PARIS—French President Emmanuel Macron planned to press Saudi Crown Prince Mohammed bin Salman on oil production…
OPEC oil production falls short of target despite promise to increase supply
Oil output from the Organization of the Petroleum Exporting Countries is falling short of target in…
OPEC oil production fell in May, increasing pressure on cartel
Oil production shrank in May amid the Organization of the Petroleum Exporting Countries, adding to pressure…
Saudi Arabia is pumping more oil to make up for shortfall in Russian production
Saudi Arabia is considering pumping more oil than it plans to make up for the fall…