oil prices
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Saudi Arabia, UAE, and Other OPEC Nations to Expand Production Despite $20 per Barrel Prices
Even if international crude oil prices plummet to $20 per barrel, five major Middle Eastern oil-producing nations - Saudi Arabia, the United Arab Emirates (UAE), Kuwait, Iran, and Iraq - could possibly still break even, continuing to expand supply and potentially emerge as the ultimate winners in the global oil market. 
Even if international crude oil prices plummet to $20 per barrel, five major Middle Eastern oil-producing nations - Saudi Arabia, the United Arab Emirates (UAE), Kuwait, Iran, and Iraq - could possibly still break even, continuing to expand supply and potentially emerge as the ultimate winners in the global oil market. -
India Swings Back to Middle Eastern Oil as Russian Crude Loses Its Appeal
In the wake of widespread Western sanctions against Russian oil last year, India decided not to align with the West. This decision allowed India to continue receiving cheap crude oil from Russia, and even reselling the refined Russian oil to Europe - a strategy that has proven lucrative over the past year. 
In the wake of widespread Western sanctions against Russian oil last year, India decided not to align with the West. This decision allowed India to continue receiving cheap crude oil from Russia, and even reselling the refined Russian oil to Europe - a strategy that has proven lucrative over the past year. -
Russia Outpaces Saudi Arabia to Reclaim Top Oil Producer Title as Production Cuts Take Effect
On Thursday, July 13, the International Energy Agency (IEA) reported that Saudi Arabia's crude oil output will fall below that of Russia due to the impact of voluntary production cuts. This will allow Russia to reclaim the throne of the world's largest oil producer after two years. 
On Thursday, July 13, the International Energy Agency (IEA) reported that Saudi Arabia's crude oil output will fall below that of Russia due to the impact of voluntary production cuts. This will allow Russia to reclaim the throne of the world's largest oil producer after two years. -
Russia and Saudi Arabia Sidestep G7? Key Russian Oil Surpasses $60, First Since Western Cap
The impact of Russia and Saudi Arabia's combined production cuts on the oil market has been immediate and conspicuous. Not only did international oil prices soar last week, but even Russia's main export product managed to break through the price limit imposed by Western countries, leaving these nations red-faced. The impact of Russia and Saudi Arabia's combined production cuts on the oil market has been immediate and conspicuous. Not only did international oil prices soar last week, but even Russia's main export product managed to break through the price limit imposed by Western countries, leaving these nations red-faced. -
Doubling Down on Cuts: Saudi Arabia and Russia Unite to Bolster Oil Prices
In the face of dismal market sentiment, major oil producers Saudi Arabia and Russia are once again joining forces to support oil prices. In the face of dismal market sentiment, major oil producers Saudi Arabia and Russia are once again joining forces to support oil prices. -
Saudi Arabia to Extend Voluntary Oil Production Cuts Amid Global Market Pressures
A recent media survey indicates that nearly all traders and analysts anticipate Saudi Arabia's additional voluntary oil production cut of 1 million barrels per day will continue until at least August. Several representatives of the OPEC+ nations have suggested that while Saudi Arabia's decision might be unpredictable, an extension of the production cut seems plausible. A recent media survey indicates that nearly all traders and analysts anticipate Saudi Arabia's additional voluntary oil production cut of 1 million barrels per day will continue until at least August. Several representatives of the OPEC+ nations have suggested that while Saudi Arabia's decision might be unpredictable, an extension of the production cut seems plausible. -
Strong Asian Demand Boosts Middle East Spot Oil Prices Amid Global Recession Fears
Amid global economic recession fears pressuring oil prices worldwide, robust demand from Asian economies like China and Japan boosted spot oil prices in the Middle East on Wednesday, June 21. Amid global economic recession fears pressuring oil prices worldwide, robust demand from Asian economies like China and Japan boosted spot oil prices in the Middle East on Wednesday, June 21. -
Crude Awakening: Oil Prices Collapse Again as Financial Bears Oust Commodity Bulls, Even Saudi Cuts Fall Short
A fierce tug-of-war between financial short-sellers and crude oil bulls is underway, wresting control of oil prices. The divergence of oil prices from expected trends continues to rattle market confidence. A fierce tug-of-war between financial short-sellers and crude oil bulls is underway, wresting control of oil prices. The divergence of oil prices from expected trends continues to rattle market confidence. -
Oil Prices Skyrocket Amid Unexpected OPEC+ Output Reduction, Diminishing US Inflation Optimism
Oil prices experienced a significant increase on Monday following the announcement of unexpected output cuts by Saudi Arabia and other OPEC+ oil producers, potentially signaling trouble for global inflation. The news comes shortly after a recent deceleration in US price data had raised market optimism. 
Oil prices experienced a significant increase on Monday following the announcement of unexpected output cuts by Saudi Arabia and other OPEC+ oil producers, potentially signaling trouble for global inflation. The news comes shortly after a recent deceleration in US price data had raised market optimism. -
China COVID Curbs, U.S. Snow Storm Bump Oil Prices To Three-Week Highs
Concerns over a possible production cut by Russia also contributed to gains 
Concerns over a possible production cut by Russia also contributed to gains
