Saudi crude oil exports are in freefall
Crude oil exports have sharply declined in August as the kingdom leads the efforts of the OPEC+ alliance to reduce production and support oil prices....
Tag: oil price
OPEP+ decision: are we back in the 70s?
OPEC+ has announced a surprise cut in oil production of more than one million barrels per day, abandoning previous assurances that it would maintain stable...
Oil may rise again in the second part of the year
Russia’s plan to reduce oil production by 500,000 barrels per day in retaliation for sanctions, if kept beyond June, will tighten the market, exacerbating the...