UAE and US to spur $100bn in clean energy projects ABU DHABI: The United Arab Emirates and the United States have signed a partnership to spur $100 billion of... Updated 01 Nov, 2022 11:19pm
Markets OPEC+ ‘only a phone call away’ if markets need balancing: UAE minister ABU DHABI: The United Arab Emirates’ energy minister said on Monday that OPEC+ was always willing to balance crude... Published 31 Oct, 2022 07:26pm
Markets OPEC raises long-term oil demand view, calls for investment ABU DHABI: OPEC raised its forecasts for world oil demand in the medium-and longer-term in an annual outlook... Published 31 Oct, 2022 05:46pm
World Saudi Arabia should 'not be blamed' for protecting its interests DUBAI: Saudi Arabia, which has faced sharp criticism from the United States over OPEC+ oil output policy, "should... Published 27 Oct, 2022 04:54pm
World Riyadh and Washington will overcome spat, Saudi minister says RIYADH: Saudi Arabia and the United States will get over their “unwarranted” spat over oil supplies, the kingdom’s... Published 25 Oct, 2022 05:28pm
Markets Turkey says not right for US to pressure Saudi Arabia over oil output ISTANBUL: Turkish Foreign Minister Mevlut Cavusoglu said on Friday it was not right for the United States to... Published 21 Oct, 2022 06:31pm
World Saudi Arabia, China agree to strengthen energy cooperation DUBAI: Saudi Arabia’s energy minister Prince Abdulaziz bin Salman and the director of China’s National Energy... Published 21 Oct, 2022 05:41pm
Markets US says Russia oil price cap will not be aimed at OPEC LONDON: New steps from Group of Seven countries to cap Russian oil sales at an enforced low price will not be... Published 19 Oct, 2022 07:18pm
Pakistan OPEC+ oil production cut: Pakistan stands by Saudi Arabia in wake of US criticism Ministry of Foreign Affairs says it appreciates concerns of Kingdom of Saudi Arabia for avoiding market volatility and ensuring global economic stability Updated 18 Oct, 2022 09:12pm
Markets OAPEC Sec Gen says OPEC+ decision to cut oil production 'correct' CAIRO: The secretary general of the Organization of Arab Petroleum Exporting Countries (OAPEC) said on Saturday that... Published 15 Oct, 2022 08:52pm
Markets OPEC cuts 2022, 2023 oil demand growth view as economy slows LONDON: OPEC on Wednesday cut its 2022 forecast for growth in world oil demand for a fourth time since April and... Published 12 Oct, 2022 05:52pm
World Putin says Russia not working ‘against anyone’ in energy markets President Vladimir Putin said on Tuesday that Russia was not working against anyone on energy markets, a week after... Published 11 Oct, 2022 05:35pm
Markets Kremlin says OPEC+ cut output to stabilise oil markets MOSCOW: The Kremlin said Thursday that an OPEC+ decision to sharply cut production was designed to stabilise global... Published 06 Oct, 2022 05:59pm
Markets Oil near three-week high on cuts to OPEC+ output targets LONDON: Oil prices held near three-week highs on Thursday after OPEC+ agreed to tighten global crude supply with a... Updated 06 Oct, 2022 06:49pm
Markets OPEC+ supply cuts loom over already tight oil market LONDON/GENEVA: OPEC+ producers look set to cut output when they meet on Wednesday, squeezing supply in an oil market... Published 04 Oct, 2022 07:01pm
Markets OPEC+ mulls largest cuts since 2020 pandemic crisis LONDON: The OPEC+ group of oil producers is discussing output cuts of more than 1 million barrels per day (bpd),... Published 03 Oct, 2022 05:20pm