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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Tag: opec
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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Oil Investors are Worried About Various Concerns Amidst Oversupply in 2024
Global oil investors will be waiting for the supply data from the first quarter from OPEC+ ...
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Energy Giants’ Promises at COP28 Fail to Impress ESG Investors
The COP28, hosted by an OPEC member, the United Arab Emirates, registered a record attendance from ...
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Russia Prefers to Keep Oil Output Unchanged Ahead of OPEC+ Meeting
Russia has little to no extra advantage by reducing its oil supply like its Arab counterparts ...
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Oil Majors Pour Billions Into M&A To Defy Predictions Of Energy Experts
The International Energy Agency (I.E.A.) published a comprehensive report showcasing that the demand for non-renewable fuels ...
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