OPEC

Kuwait says new oil spill strikes near site of August slick
Middle East

Kuwait says new oil spill strikes near site of August slick

Kuwait says an oil spill has been spotted near the site of a similar spill off its southern coast in…
Tribal clashes, political void threaten oil installations in Iraq’s south
Middle East

Tribal clashes, political void threaten oil installations in Iraq’s south

Worsening clashes among tribes and a political void is threatening security at oil installations in Iraq’s main southern oil producing…
Group estimates 34,000 barrels of oil spilled off Kuwait
Middle East

Group estimates 34,000 barrels of oil spilled off Kuwait

An analysis of satellite imagery by a US-based nonprofit organization suggests at least 34,000 barrels of oil have leaked out…
Venezuela’s Maduro celebrates new assembly, mocks US criticism
World

Venezuela’s Maduro celebrates new assembly, mocks US criticism

Venezuelan President Nicolas Maduro on Monday celebrated the election of a new legislative body that is expected to give the…
Suspected Boko Haram militants issue video of three kidnapped oil survey team members
Middle East

Suspected Boko Haram militants issue video of three kidnapped oil survey team members

Suspected Boko Haram members released a video on Saturday that shows three kidnapped members of an oil exploration team in…
Suspected Boko Haram militants kidnap oil survey team in northeast Nigeria
Middle East

Suspected Boko Haram militants kidnap oil survey team in northeast Nigeria

Suspected Boko Haram insurgents have kidnapped 10 members of a geological research team from the University of Maiduguri in northeast…
Saudi calls OPEC members to stick to limits, sees oil demand up
Business

Saudi calls OPEC members to stick to limits, sees oil demand up

OPEC leader Saudi Arabia said on Monday the group would quickly address weak compliance with output cuts by some OPEC…
Exclusive: Saudis to cut August oil exports to lowest level this year
Business

Exclusive: Saudis to cut August oil exports to lowest level this year

Saudi Arabia will cut crude oil shipments to its customers in August by more than 600,000 barrels per day to…
Oil prices dip on fears Middle East spat could harm OPEC cuts
Business

Oil prices dip on fears Middle East spat could harm OPEC cuts

Oil prices reversed gains to trade down on Monday on concerns that the cutting of ties with Qatar by top…
‘Axis of love’: Saudi-Russia detente heralds new oil order
World

‘Axis of love’: Saudi-Russia detente heralds new oil order

A meeting between the two men who run Russia and Saudi Arabia’s oil empires spoke volumes about the new relationship…
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