Commercialization, Conventional Fuels
September 5, 2019
Via: CNBC energyOPEC is under intensifying pressure to show it still has the power to reverse a slide in oil prices, according to RBC Capital Market’s Helima Croft. The Middle East-dominated producer group has struggled to shore up crude futures this year, […]
Commercialization, Conventional Fuels
July 1, 2019
Via: CNBC energyOPEC and its allies looked all but certain to extend oil supply cuts by nine months, after several members of the Middle East-dominated producer group endorsed a policy designed to support oil prices amid a weakening global economy. Saudi Arabia’s […]
Commercialization, Conventional Fuels, News and Policies, World
April 8, 2019
Via: CNBC energySaudi Arabia on Monday denied a report that the kingdom is threatening to sell its oil in currencies other than the U.S. dollar if American lawmakers pass legislation targeting OPEC. Reuters reported last week that the Saudis had raised the […]
Commercialization, Conventional Fuels, News and Policies, World
March 29, 2019
Via: CNBC energyOPEC kingpin Saudi Arabia will continue to ignore President Donald Trump’s tolerance threshold for rising oil prices, one analyst told CNBC on Friday, putting Riyadh on a “collision course” with Washington. Trump delivered his second warning to OPEC this year […]
February 27, 2019
Via: CNBC energySaudi Energy Minister Khalid al-Falih said OPEC is taking a measured approach to supply cuts, directly responding to comments from President Donald Trump earlier in the week telling the oil producing body to “relax.” “We are taking it easy,” he […]