OPEC

Finance OPEC+’s decision to cut oil output risks increasing inflation and shows the body’s ‘pricing power is higher than it’s ever been,’ Goldman Sachs says
BYTristan Bove
April 3, 2023
Finance Surprise OPEC oil production cut sends price towards $100 and puts ‘renewed pressure on the Federal Reserve to keep hiking rates aggressively’
BYElaine Kurtenbach and The Associated Press
April 3, 2023
Finance OPEC+ announces surprise oil production cut despite previous assurances
BYMatthew Martin, Grant Smith, and others
April 2, 2023
Environment Saudi Arabia’s national oil company raked in a record $161 billion profit last year, as the Ukraine war and OPEC+ drove a 46% increase
BYPaul Wallace, Matthew Martin, and others
March 12, 2023
Finance OPEC+ opts to ‘hunker down’ amid surging volatility and market uncertainty, holds steady on oil production
BYSalma El Wardany, Grant Smith, and others
December 4, 2022
Commentary Reducing energy options doesn’t work. Just ask Europe—and the U.S. states where gas prices are rising
BYScott Tinker
October 18, 2022

Finance Everyone’s been waiting for a global recession and we might have just hit a ‘tipping point,’ major energy body says
BYTristan Bove
October 13, 2022
Politics Saudi Arabia releases lengthy statement saying Biden asked for delay in oil production cut to November
BYJon Gambrell and The Associated Press
October 13, 2022
Politics Biden is furious about Saudi Arabia’s move to cut back on oil ahead of the midterms. ‘There will be consequences’
BYAamer Madhani and The Associated Press
October 12, 2022
Finance Why U.S. gas prices are going back up and who’s to blame
BYTristan Bove
October 6, 2022
Retail OPEC tries to keep oil prices high and cuts output by 2 million barrels in a move that Biden calls ‘unnecessary’
BYSalma El Wardany, Grant Smith, and others
October 5, 2022
Commentary Which side are they on? Our Saudi friends cannot have it both ways on oil politics
BYRo Khanna, Jeffrey Sonnenfeld, and others
October 4, 2022
Finance OPEC is considering cutting oil output by 1 million barrels per day in a move that could add another shock to the global economy
BYSalma El Wardany, Grant Smith, and others
October 3, 2022
Europe The price of oil is over $90 a barrel again after Russia and the oil cartel chose to cut production in October
BYAlex Longley and Bloomberg
September 5, 2022
Newsletters Oil prices hitting $100 a barrel could bring an end to the Great Resignation
BYSophie Mellor
February 2, 2022

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