Search Results
for Saudi Arabia

Saudi Arabia Says it is Aiming for Net Zero Emissions. How Serious is it?
Ahead of COP26, one of the world’s largest oil producers committed to reaching net-zero emissions by 2060.

No-Deal From OPEC+. But Analysts Say Stalemate is “Unsustainable”
The turmoil at the OPEC+ meeting injects uncertainty into the market—and may presage the challenges ahead.

Oil Prices Hit Highest Level Since 2019 as OPEC+ Regains Control
As Brent crosses $70, oil market narratives have flipped to questions over supply rather than demand.

Decarbonization Poses a “Political Risk Nightmare” for Oil-Dependent Countries
Oil-producing countries face severe financial and political risk as the world transitions away from oil.

Oil Prices Rise, OPEC+ Faces Decision
As oil prices jump to 13-month highs, OPEC+ has opportunity to unwind its deep production cuts.

Oil Rally Stalls On New Covid Worries. Race to Vaccinate Is Key
New COVID-19 restrictions in major economies and a new coronavirus variant raises serious oil market concerns about the next few months.

OPEC+ Agrees to Ease Cuts Slightly
Amid internal discord and budget pressures, OPEC+ has reportedly agreed to incremental production increases and monthly monitoring.

OPEC+ Faces Difficult Decisions as Market Fails to Tighten
Even after historic cuts, lower demand means the oil market is still under pressure.

Oil’s Long Road to Recovery
Cautious optimism is returning to the oil industry, but prices are nowhere near profitable for the domestic industry.

OPEC+ Nears Extension, But Task Doesn’t Get Any Easier In Months Ahead
Oil prices have risen ahead of the next OPEC+ meeting, but OPEC-Russian coordination is far from assured.