OPEC

Under pressure from the US to lower oil prices, Saudi Arabia says it has already replaced Iranian crude lost to US sanctions. The announcement was made by Saudi Crown Prince Mohammed bin…

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504
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Economy
Politic

OPEC meeting

June 22, 2018
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Enri Mato

OPEC ministers in Vienna have agreed on oil production levels for their countries and crude-producing nations cooperating with the cartel. After a tense few days, producers jointly decided to start pumping more,…

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463
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Economy
Politic

The Gulf Friends Win Big in OPEC Deal

June 22, 2018
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Enri Mato

More oil, you say? Saudi Arabia is set to gain market share from Venezuela and Iran. OPEC’s decision to “strive” to bring compliance with their output deal to 100 percent…

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Ahead of US Sanctions on Iran, Bin Salman Assures Trump With 1.5 Million Oil Barrels

OPEC meeting

The Gulf Friends Win Big in OPEC Deal

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