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Oil Production

American Oil Majors Trying to Get Into Venezuela Have Hit a Wall

Workers of Venezuelan state oil company, PdVSA, operate a pump jack in Lake Maracaibo.

Published 8 days ago

The UAE doubles down on Israel and America

The headquarters of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna, Austria

Published 98 days ago

Tensions with Saudi, next move: Deep dive into UAE's decision to leave OPEC

After UAE’s exit, OPEC will be left with 11 members.

Updated 99 days ago

Power shifts in West Asia

Oil prices have barely moved after the UAE’s decision. And this is expected, given that the ongoing supply shock originates from a maritime blockade rather than producers withholding production. (Reuters)

Published 100 days ago

UAE's exit from OPEC will increase production, bring down oil prices: Russia

Russian Finance Minister Anton Siluanov's comments marked Russia's first reaction to the surprise UAE exit.

Published 100 days ago

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