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Tagged Under: OPEC
11/01/2023 / By Belle Carter
President Joe Biden has vowed all-out support to Israel amid the ongoing conflict in the Gaza Strip, where Israel has been mounting catastrophic...
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08/07/2023 / By Arsenio Toledo
The Organization of the Petroleum Exporting Countries' (OPEC) crude oil production has plummeted to its lowest level in three years, largely due to...
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08/04/2023 / By Ramon Tomey
Oil-producing giant Saudi Arabia has confirmed that it will extend its voluntary oil production cut until September.
The state-owned Saudi Press...
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07/26/2023 / By Laura Harris
Russia's petroleum exports continue to rise each month following seasonal maintenance of its refineries. This increase has been observed despite a...
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05/05/2023 / By Belle Carter
Russia is expected to resume buying foreign currency for its reserves as early as this month or later this year. The country halted foreign...
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04/14/2023 / By Belle Carter
Russia announced in March that it reduced its oil output in response to sanctions and a price cap on its petroleum imposed by the West.
The...
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04/06/2023 / By JD Heyes
Following a surprise announcement by Saudi Arabia and other OPEC+ member countries that they would be cutting oil production, oil futures saw a surge...
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04/05/2023 / By Ethan Huff
The rest of the world has had enough of the West's bullying of Russia as it concerns the purchase of cheap Russian oil.
A United States-led oil...
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03/12/2023 / By Kevin Hughes
South American countries Argentina, Chile, Bolivia and Brazil are planning to form a lithium cartel to turn more of their mined lithium into...
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02/07/2023 / By Arsenio Toledo
The price of oil will rise back above $100 a barrel this year, and will continue rising in 2024 due to serious supply problems as spare production...
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11/01/2022 / By Mary Villareal
Another oil price surge is expected in December in the U.S. if a European embargo on Russian oil goes into effect and the Saudis refuse to increase...
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10/19/2022 / By Belle Carter
The Kingdom of Saudi Arabia (KSA) has confirmed that President Joe Biden's administration requested KSA to delay the Organization of the Petroleum...
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10/12/2022 / By Ramon Tomey
U.S. President Joe Biden said he will re-evaluate the country's ties with Saudi Arabia after the kingdom and its oil-producing allies announced a...
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10/12/2022 / By Mary Villareal
Ann Vandersteel, co-chair of the Zelenko Freedom Foundation (ZFF), said the supply cut announced by the Organization of the Petroleum Exporting...
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10/10/2022 / By Belle Carter
The Organization of the Petroleum Exporting Countries (OPEC) and its allies agreed to reduce their oil production by a sizable amount. Under the...
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10/10/2022 / By JD Heyes
Joe Biden and his far-left handlers are on a mission to destroy our country and make us slaves to their every whim in the same way Chinese citizens...
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10/07/2022 / By Ramon Tomey
As major Western powers are cutting ties with Russia amid its invasion of Ukraine, Saudi Arabia appears to be doing the opposite by strengthening...
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10/06/2022 / By JD Heyes
It has become apparent that after less than two years in office, Joe Biden's ineptitude and dementia have cost the United States a wealth of...
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09/12/2022 / By Kevin Hughes
The Organization of the Petroleum Exporting Countries (OPEC) and its associated producers announced Sept. 5 that they will decrease oil production by...
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07/07/2022 / By Kevin Hughes
The Libyan National Oil Corporation (NOC) has announced force majeure on crude exports from its oil terminals amid ongoing blockades of production...
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