Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

The Latest Breaking News from OPEC

Saudi crown prince courts Asia amid row with Washington

Riyadh (AFP) - Saudi Arabia's powerful crown prince has embarked on a multi-stop Asian tour, shoring up the Gulf nation's ties with its biggest energy market and signalling growing independence from Washington amid a bitter row over oil supply.

AFP

Rishi Sunak meets Saudi Crown Prince - and doesn't mention journalist's brutal murder

The Prime Minister held 'lengthy' one-on-one talks with Mohammed bin Salman at the G20 summit - but did not bother to raise the cause of Jamal Khashoggi, Downing Street confirmed

Daily Mirror

Rishi Sunak did not raise Jamal Khashoggi’s murder in meeting with Saudi crown prince

Downing Street said the Prime Minister and Mohammed bin Salman met at the G20 summit in Bali.

Evening Standard

From analysis to the latest developments in health,
read the most diverse news in one place.

Sunak did not raise journalist’s murder in meeting with Saudi crown prince

Downing Street said the Prime Minister and Mohammed bin Salman met at the G20 summit in Bali.

The Independent UK

Sunak meets Saudi Arabia’s controversial crown prince at G20

The PM was likely to use the encounter to encourage Riyadh to produce more oil and gas in response to the disruption of supplies from Russia.

The Independent UK

Relief in sight for motorists as petrol prices hit $2 a litre

Petrol prices have continued to rise over the past week and are now hovering around $2 a litre ahead of an expected dip before Christmas.

The New Daily

Labour would create ‘anti-Opec’ alliance for renewable energy, says Miliband

Shadow climate change secretary says group would cooperate to cut energy prices and promote clean technology

The Guardian - UK

Read news from The Economist, FT, and more,
with one subscription

France seeks to break Venezuela political deadlock at Paris Peace Forum

French President Emmanuel Macron has indicated he hopes the Paris Peace Forum, opening on Friday, will set the stage to relaunch the stalled dialogue between Venezuelan President Nicolas Maduro and his opponents. The South American nation remains a key OPEC oil producer as countries weather the global energy crisis.

Radio France Internationale

Brazil, Indonesia and DRC in talks to form ‘Opec of rainforests’

Spurred by Lula’s election, the three countries, home to half of all tropical forests, will pledge stronger conservation efforts

The Guardian - UK

OPEC Stresses the Importance of Increasing Oil Investments

OPEC Secretary-General Haitham al-Ghais stressed the importance of increasing investments in the oil sector to avoid any future volatility in the oil markets. Ghais said that among the main challenges are the energy transition and the future of energy in general, adding that OPEC has adopted a policy that aims…

Asharq Al-Awsat

Soaring diesel prices a ‘severe shock’ to UK motorists, says RAC

Cost rose by 10p a litre to average of 190.5p in October in third worst monthly increase on record

The Guardian - UK

What Was the Great Inflation? How Did It End?

What Was the Great Inflation?The Great Inflation was a period of high inflation in the U.S. from 1965 to 1982. Some economists, though, limit the timeframe to the 1970s, when inflation peaked and subsided before peaking again. The government passed a series of measures and legislation to ...

The Street

Arab Summit Hails OPEC+ Efforts in Securing Stability of Global Markets

Arab leaders on Wednesday concluded the 31st Arab League summit. The first Arab League gathering in three years took place against the backdrop of rising inflation, food and energy shortages, drought and the soaring cost of living across the region. The gatherers stressed the centrality of the Palestinian cause and…

Asharq Al-Awsat

OPEC Sec Gen Calls for Swift Action to Invest in Oil to Prevent Future Emergencies

The world must act swiftly to invest in oil to prevent future energy emergencies as global demand for the hydrocarbon grows in the long term, Organization of the Petroleum Exporting Countries (OPEC) Secretary General Haitham Al Ghais said on Tuesday. "If we don't get it right this time we are…

Asharq Al-Awsat

Get all your
news in one place.

100’s of premium titles.
One news app.

The Independent UK

Saudis tell US that Iran is prepping attack on kingdom

Saudi Arabia has shared intelligence with American officials that suggests Iran could be preparing for an imminent attack on the kingdom

Investors Business Daily

Oil Producer Stocks Exxon, Chevron Advance After Biden Calls For Tax On Profits

Exxon and Chevron edged up Tuesday after the president called on Congress to tax the oil industry.

Asharq Al-Awsat

Abdulaziz bin Salman Stresses Saudi-UAE Cooperation for Future Energy Mix

Saudi Energy Minister Prince Abdulaziz bin Salman stressed that Saudi Arabia and the UAE were working to increase production capacity, enhance refining volume, and convert oil into petrochemicals. He noted that the two countries were seeking to provide a safe and sustainable energy system. In his speech on the sidelines…

Asharq Al-Awsat

Greece Stresses Saudi Role in Balancing Oil Markets, Respects OPEC+ Decision

Greek Minister of Development and Investment Adonis Georgiadis said the diversification of energy sources was the European Union’s most important priority. He noted that the world would never return to the previous situation, even if the Russian-Ukrainian war ended. In this regard, Georgiadis stressed that all European countries would try…

Get all your
news in one place.

100’s of premium titles.
One news app.

AFP

Saudi Aramco posts 39 percent jump in profits

Riyadh (AFP) - Saudi Aramco on Tuesday posted a 39-percent jump in third-quarter profits year on year boosted by higher oil prices resulting largely from Russia's invasion of Ukraine.

The Street

Five Fundamental Reasons for High Oil Volatility

WTI crude oil prices fell 25% in the third quarter, but amid economic uncertainty and geopolitical risks, volatility has shown little sign of weakening.

The Independent UK

Saudi, UAE back OPEC cuts as US envoy warns of 'uncertainty'

Saudi Arabia and the United Arab Emirates are defending a decision by OPEC and its allies to cut oil production

The Independent UK

Biden to head to Cambodia, Egypt, Indonesia for summits

President Joe Biden will make a week-long, three country trip next month for a quartet of summits—including one that could potentially put him in the same room as China’s Xi Jinping and Russia’s Vladimir Putin

Investors Business Daily

Exxon Mobil Stock Advances On Record Profits, Chevron Tops Views

Exxon Mobil stock and Chevron shares jumped Wednesday. The energy giants report Q3 earnings this week with big profits and less spending expected.

Wales Online

Why is diesel fuel still so expensive right now compared to petrol?

It's all said to be down to demand - and Americans!

Asharq Al-Awsat

Reema bint Bandar: Revision of Saudi-US Ties Is a Positive Thing

Saudi Ambassador to the United States Princess Reema bint Bandar underscored the strength of the ties between Riyadh and Washington, describing them as strategic and dating back 80 years. In an interview to CNN aired on Tuesday, she said the United States’ revision of bilateral relations between Riyadh and Washington…

1 … 40 41 42 43

People

Luiz Inácio Lula da Silva

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.