Browsing Tag
OPEC+
9 posts
UAE quits OPEC after nearly six decades, dealing structural blow to oil cartel as Iran war reshapes Gulf energy landscape
The UAE is leaving OPEC during the worst Gulf energy crisis in decades. The real question is whether Saudi Arabia can hold the cartel together without it.
Ceasefire already cracking: Iran keeps Hormuz mined, Vance flies to Pakistan for make-or-break talks
US-Iran ceasefire frays as Hormuz shipping stalls, IRGC mines lanes and Vance leads talks in Islamabad with enrichment and Lebanon unresolved.
Strait of Hormuz closure pushes oil to 2022 highs as Wall Street logs weekly loss amid Iran conflict
Brent crude settles above $100 and US stocks post weekly losses as the Strait of Hormuz closure fuels inflation fears and complicates Federal Reserve rate cut plans.
Aramco CEO says 6.7 million barrels a day lost as Hormuz shutdown surpasses every prior Gulf energy crisis
Saudi Aramco CEO Amin Nasser warns of catastrophic consequences for global oil markets as the Strait of Hormuz crisis deepens. Read our full analysis.
World’s biggest oil chokepoint closed: What the Iran crisis means for energy prices globally
Iran closes the Strait of Hormuz after US-Israel strikes; Brent crude surges 14% to $83, European gas up 70% as QatarEnergy halts LNG production.
Can America stay energy dominant if Trump’s policies keep scaring off oil investors?
Oil executives warn of “chaos” in Trump’s energy policy as Dallas Fed survey shows falling confidence, rising costs, and investment delays.
Saudi Aramco Q1 2025 earnings: Profit falls 4.6% as oil prices dip, but dividend commitment holds firm
Saudi Aramco Q1 2025 profit dips 4.6% despite higher revenue. Find out how oil prices, capex hikes, and investor sentiment shape Aramco's outlook.
Trump’s new tariffs send oil prices crashing to 2021 lows—global fuel demand in jeopardy?
Find out how Trump’s latest tariffs are shaking global oil markets and threatening demand—Brent and WTI hit multi-year lows amid trade war escalation.
OPEC+ delay prompts Saudi Aramco to slash Asian oil prices
In a strategic move reflecting the complexities of the global oil market, Saudi Arabian Oil Company (Saudi Aramco)…