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High Oil Prices Force Biden Admin to Halt SPR Refill Plans
Oilprice.com via Yahoo Finance· 2 hours agoThe Biden administration has canceled plans to refill the Strategic Petroleum Reserve due to rising oil prices, halting solicitations for oil deliveries to the reserve's sites along the Gulf Coast.
Beyond oil: Saudi Arabia’s 2030 economic vision
Al Jazeera· 1 day agoGulf nations need to diversify their economies and move away from oil dependency, says the International Monetary Fund (IMF). This warning comes as Saudi...
Fading War Risks Push Oil to Biggest Weekly Drop Since February
Bloomberg via Yahoo Finance· 3 hours ago(Bloomberg) -- Oil posted its biggest weekly decline since February on signs of easing geopolitical...
American oil tycoon accused of trying to conspire with OPEC to inflate prices
CNN Business via Yahoo Finance· 20 hours agoScott Sheffield, the founder and longtime CEO of Texas oil producer Pioneer Natural Resources,...
Saudi Arabia's Q1 GDP shrinks by estimated 1.8% y/y as oil sector weighs By Reuters
Investing.com· 3 days agoSaudi Arabia, the world's largest oil exporter, is pumping around 9 million barrels per day (bpd),...
With oil funds and Formula One, Saudi Arabia steamrolls its way onto sports' hallowed grounds
LA Times via AOL· 2 days agoSaudi Arabia's oil riches have rocked soccer, golf, even esports, and the autocratic kingdom is...
Saudi Arabia’s Q1 GDP shrinks by 1.8%, oil sector weighs
Gulf Business· 2 days agoSaudi Arabia’s statistics authority estimated that oil activities plunged by 10.6 per cent in the first quarter compared to the same period a year ago.
OPEC+ likely to extend production cuts in June
Reuters· 8 hours agoSaudi Arabia and its allies in OPEC+ are likely to keep oil production unchanged for a further three months when ministers review output allocations on ...
Greek Naval Drills See Oil Tankers Depart Key Transfer Area
Bloomberg via Yahoo Finance· 9 hours ago(Bloomberg) -- Tankers that transfer Russian oil off the southern coast of Greece sailed further out...
Guyana Takes Exxon to Court Over Misstated Value of Equipment
Bloomberg via Yahoo Finance· 1 hour ago(Bloomberg) -- Guyana’s tax agency is taking Exxon Mobil Corp. to court after one of the company’s...
