LONDON (Reuters) – In 1973, Arab members of the Organization of Petroleum Exporting Countries brought the U.S. economy to its knees. Now, the 60-year-old cartel and Washington Washington are more likely to bid. File photo: Crown Prince Mohammed bin Salman of Saudi Arabia shakes hands with US President Donald Trump …
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At least 38 dead dolphins have been washed ashore on the island of Mauritius in the aftermath of a massive oil leak of a Japanese ship. The die-off has not yet been directly linked to the game, and officials are still investigating the causes of death, Reuters reports. The dolphins …
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A Nordic hedge fund worth more than $ 90 billion (£ 68.6bn) has its shares in some of the world’s largest oil companies and miners responsible for lobbying against climate action. Storebrand, a Norwegian asset manager, split from miner Rio Tinto, as well as US oil giants ExxonMobil and Chevron …
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The world’s top oil importer, Saudi Arabia, saw its crude oil exports drop to a record low of just under 5 million barrels per day (bpd) in June, as the de facto leader of OPEC’s efforts led the OPEC + group to maintain a record amount of raw material from …
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By Julianne Geiger – 19 Aug 2020, 16:00 CDT Global oil demand is set to recover to near pre-covid-19 levels by the end of this year, Saudi Arabia’s Energy Minister Prince Abdulaziz said ahead of the OPEC + Joint Ministerial Monitoring Committee meeting today, according to The National. Specifically, Prince …
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