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Business
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Energy
3/3/2024 7:48:34 PM
Saudi Arabia announced on Sunday it would extend oil supply cuts through June as part of a bid to prop up prices.
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Business
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Energy
3/3/2024 6:39:10 PM
Russia will cut oil production by almost half a million barrels per day in the second quarter of 2024, Deputy Prime Minister Alexander Novak said Sunday.
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Business
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Economy
1/30/2024 11:17:44 AM
Saudi Arabia's oil giant Saudi Aramco said Tuesday it will not try to increase its maximum daily oil production to 13 million barrels a day after receiving an order from the country's Energy Ministry.
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Business
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Energy
10/4/2023 1:04:56 PM
Saudi Arabia on Wednesday confirmed that it will maintain a production cut of 1 million barrels of oil a day through the end of the year.
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Business
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Energy
9/5/2023 8:47:00 PM
Saudi Arabia and Russia agreed Tuesday to extend their voluntary oil production cuts through the end of this year, trimming 1.3 million barrels of crude out of the global market and boosting energy prices.
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World
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Region
8/12/2023 12:17:00 PM
The United Nations said late Friday it had successfully transferred more than one million barrels of oil from a dilapidated Yemeni tanker, removing the imminent risk of a spill.
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Business
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Energy
8/3/2023 5:20:33 PM
Saudi Arabia announced Thursday it is extending a voluntary oil production cut of one million barrels per day for another month, keeping up its campaign to prop up prices.
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World
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Region
7/25/2023 1:40:37 PM
The United Nations said on Tuesday it had begun transferring one million barrels of oil from a rusting super-tanker off war-torn Yemen, in a bid to avert a catastrophic spill.
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Business
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Energy
7/5/2023 4:20:46 PM
Saudi Arabia on Wednesday dismissed talk of discord with oil ally Russia, praising their coordinated decisions to remove barrels from the market in efforts to prop up prices.
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Business
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Energy
7/3/2023 1:51:20 PM
Saudi Arabia announced on Monday it was extending a voluntary oil production cut of one million barrels per day, in a bid to prop up slumping prices.
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World
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Region
6/13/2023 1:09:29 PM
Salvage teams are close to starting the transfer of more than one million barrels of oil from a decaying tanker anchored off Yemen after two weeks of preparatory inspections, the United Nations said.
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Business
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Energy
6/5/2023 7:02:33 PM
Russia will extend its voluntary oil production cut of half a million barrels per day until the end of 2024, Russian Deputy Prime Minister Alexander Novak said late on Sunday.
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Business
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Energy
6/4/2023 8:21:44 PM
Riyadh on Sunday announced it would slash output further by one million barrels per day in a bid to prop up prices, despite fears of a recession.
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Business
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Energy
4/3/2023 9:59:03 PM
The shock announcement by several OPEC+ members to voluntarily cut their oil production by more than a million barrels per day from May has sent world oil prices soaring, in a move widely seen as the tightening of the bond between Russia and Saudi Arabia.
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Business
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Energy
4/3/2023 11:24:04 AM
Oil prices soared Monday after top producers unveiled a shock output cut of more than a million barrels per day, while equities mostly rose after data showed US and European inflation eased further last month.
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World
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War in Ukraine
3/21/2023 7:19:58 PM
Russia announced Tuesday that it was extending until the end of June oil production cuts of 500,000 barrels per day, a response to Western sanctions that was due to expire at the end of March.
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Business
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Economy
2/10/2023 2:13:46 PM
Russia will reduce its oil output by 500,000 barrels per day in March, Deputy Prime Minister Alexander Novak said on Friday.
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Sports
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Omni sports
1/21/2023 11:22:28 AM
Hard-hitting Aryna Sabalenka burnished her Australian Open title credentials on Saturday as she barrelled into the last 16 along with several other women's seeds.
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World
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International
12/17/2022 1:06:05 PM
The Biden administration said Friday it is buying 3 million barrels of oil to begin to replenish U.S. strategic reserves that officials drained earlier this year in a bid to stop gasoline prices from rising amid production cuts by OPEC and a ban on Russian oil imports.
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Business
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Energy
11/1/2022 7:41:43 PM
Libya is aiming to nearly double its oil output to two million barrels per day by 2027, the head of its National Oil Company has said.
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