Saudi Arabia is set to do very nicely from President Donald Trump’s tougher oil sanctions on Iran.The Arab kingdom is poised to raise its own output to meet...
U.S. sanctions designed to push Iran’s oil exports to zero come into force at midnight, but the hard line initially signaled by President Donald Trump...
The world’s two big intergovernmental energy groups have updated their outlooks for the oil market to the end of next year and they don’t make comfortable...
Winter is coming, and the oil market is starting to look pretty tight. Iran’s oil exports are down by almost a third since President Donald Trump said in...
Two months before renewed U.S. sanctions on its oil exports take effect, Iran has already suffered a sharp drop in sales and lost key buyers in Asia and...
The key OPEC oil producers seem to be finding it harder than expected to sell their output overseas. The probable resulting buildup in their stockpiles should...
Saudi Aramco has temporarily halted oil shipments via the Bab el-Mandeb Strait, a key shipping lane for crude at the southern end of the Red Sea, after...
Imagine a world without OPEC. This is what the sponsors of legislation introduced in both houses of U.S. Congress seem to want. Versions of the “No Oil...
Frustrated with OPEC’s inability to help him, U.S. President Donald Trump may have inadvertently found a way of bringing down gasoline prices: Step up the...
U.S. President Donald Trump has once again taken to Twitter to slam OPEC for driving up oil prices. The group is a useful scapegoat on which to pin the blame...
As OPEC oil ministers prepared to meet in Vienna later this week, U.S. President Donald Trump fired another Twitter-shot across their bows. But it is his...
OPEC and its friends can be divided up in many ways, but the most useful in the current environment is the “haves” and the “have-nots.”The first group...
President Donald Trump’s decision to tear up the Iran nuclear deal and reimpose sanctions on buyers of its oil will have a big impact on Iran’s crude exports,...
OPEC nations pumped slightly more crude in September as Libya’s biggest oil field returned to production. Output from the Organization of the Petroleum...
As Saudi Arabia leads three other Arab nations in accusing Qatar of links to terror groups and being too close to Iran, one thing is becoming increasingly...
Excess crude oil inventories in the U.S. are finally and clearly in retreat as OPEC’s output agreement nears the end of its fourth month. But those oil...
Saudi Arabia has ended up with precisely what it wanted to avoid. Its output cut has left it supporting rival producers, while its sacrifice of volume has...
DUBAI: Europe is poised to receive the most Iranian crude in about five years this month in a sign that the Gulf nation may be regaining its share of a market...
LONDON: Saudi Arabia is poised to boost its share of OPEC oil production in the coming months, as Iran’s rapid recovery runs out of steam and the kingdom...
LONDON: To understand what the oil price crash will mean for global crude supplies next year, look no further than the two nations that added more barrels to...