AJ Impact

Iran: US sanctions cost market 2.7 million barrels of oil per day

Data shows Iran exported roughly 100,000 barrels per day in July.

Iran: US sanctions cost market 2.7 million barrels of oil per day

Counting the Cost

Who runs OPEC? Russia, Saudi and the hunt for higher oil prices

Has the quest for higher oil prices forced Saudi Arabia to relinquish control of the cartel to Putin's Russia?

AJ Impact

OPEC keeps oil production cuts until 2020

The cartel took the long-expected decision to keep oil production lower than capacity.

AJ Impact

OPEC likely to extend cuts as oil demand sinks

The powerful Saudi-dominated oil cartel faces US shale production fuelling low prices.

OPEC likely to extend cuts as oil demand sinks

AJ Impact

Oil prices are up, and could go even higher

Geopolitical tensions with Iran and a potential interest rate cut by the US Federal Reserve sent US markets higher.

Oil prices are up, and could go even higher

AJ Impact

OPEC spat over meeting date exposes Saudi-Iran hostility

Tehran points finger at Riyadh for infighting as tensions rise over US sanctions on Iranian oil exports.

OPEC spat over meeting date exposes Saudi-Iran hostility

Saudi Arabia

Saudi, UAE see sufficient oil supplies despite Iran tensions

Saudi official says OPEC+ nations favour 'gently' driving down oil inventories despite uncertainty over Iran exports.

Saudi, UAE see sufficient oil supplies despite Iran tensions

Saudi Arabia

Key oil producers meet to discuss output amid Iran tension

The meeting is set to make recommendations ahead of a OPEC summit in late June, to be attended by Iran.

Key oil producers meet to discuss output amid Iran tension

Talk to Al Jazeera

Can Iraq rebuild its economy?

Iraq's oil minister discusses plans to strengthen its oil industry, diversify its economy and attract foreign investors.

Middle East

OPEC chief visits Iran as US sanctions waivers expire

The visit is another sign of support for Iran in the face of US sanctions, but for ordinary Iranians, it may not be enough.

Counting the Cost

Qatar's break-up with OPEC

Qatar becomes the first country in the Middle East to quit the oil cartel as a new dynamic takes shape in the oil game.

Opinion

Why Qatar left OPEC

Qatar chose to leave OPEC at a time when the future of the cartel is under question.

Steven Wright

by Steven Wright

Steven Wright

AJ IMPACT

OPEC members expected to agree to oil production cut

Despite calls from US President Donald Trump to keep oil flowing, major producers are expected to agree to cut output.

OPEC members expected to agree to oil production cut

AJ IMPACT

Qatar quits OPEC as Saudis walk tightrope on oil prices

Doha's announced withdrawal from OPEC comes at a critical juncture for the cartel and its de facto leader.

Qatar quits OPEC as Saudis walk tightrope on oil prices

Inside Story

Why is Qatar leaving OPEC?

Qatar is set to quit the 15-nation bloc after more than 50 years, saying it will instead focus on natural gas.