(Bloomberg, 24.Aug.2022) — OPEC’s united front on possible action grew stronger, as more nations endorsed Saudi Arabia’s view that supply curbs may be needed to stabilize world oil markets. Within...
(Bloomberg, 18.Apr.2022) — Oil rose as the shutdown of Libya’s biggest oil field strains an already under-supplied market, overshadowing signals that China’s drastic pandemic lockdowns are weighing on economic growth....
(OPEC, 31.Mar.2022) — Following the conclusion of the 27th OPEC and non-OPEC Ministerial Meeting, held via videoconference on 31 March 2022, it was noted that continuing oil market fundamentals and...
(WoodMac, 4.Dec.2020) — Tense negotiations and rumours of a rift between Saudi Arabia and UAE ended with a compromise deal for OPEC+ on 3 December 2020. Despite concerns on oversupply...
(WoodMac, 16.Apr.2020) — On 13 April, Saudi Arabia announced the Official Selling Prices (OSPs) for its May crude oil exports. The new OSPs speak volumes about Saudi Arabia's crude export...