A New Oil Order: UAE’s OPEC Exit and the Future of Energy Power in the Gulf
A critical dimension of this evolving landscape is the emerging rivalry between the UAE and the ...
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Tag: opec
Oil Prices Record Weekly Loss Despite Global Supply Set To Expand
Oil prices edged higher but were prepared for a weekly loss, as a potential increase in ...
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Oil Prices Drop 0.1% to $76.13 Amid US-China Trade Tariffs
The Brent oil futures dropped 0.1% to $76.13 a barrel. In the latest development in global ...
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Oil Prices Increase In Wake Of US Elections But Market Still Volatile
The largest consumer of oil in the world, the USA, has geared up for its US ...
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Saudi Arabia Plans $1 Trillion Investment in Non-Oil Sectors, Intends to Cut Down Oil Spending
According to Goldman Sachs analysts, “The capex super-cycle will likely remain an important theme in Saudi ...
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Venezuela’s Controversial Election and Its Global Impact on Oil Markets
Venezuela made efforts to boost their oil capacity and conduct the leadership of Opec with Saudi ...
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Aramco Increases Dividend Payout by 30%, Despite Production Cuts
Being the world’s biggest crude oil exporter, Aramco is a major source of income for the ...
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Global Oil Prices Drop Over 1% Following Saudi Slashes Its Prices
Saudi Arabia reduced the official selling price (OSP) of its flagship Arab Light crude to Asia ...
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The OPEC Fund Rating Upgraded to AA+, With a Stable Outlook
The stable outlook shows that the risk-averse management team of the OPEC Fund and its enhanced ...
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US to Set a Global Record for Highest Oil Production by Any Country Ever
The President of the United States, Joe Biden, wants to end the use of fossil fuels ...
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