AJ Impact

Saudi Arabia wants OPEC to deepen oil cuts to bolster Aramco IPO

The Aramco IPO is almost entirely dependent on local investors after foreign investors balked at the valuation.

Saudi Arabia wants OPEC to deepen oil cuts to bolster Aramco IPO

AJ Impact

Brazil's oil: Might the South American country join OPEC?

Brazil's current output would make it OPEC's third-largest producer.

Brazil's oil: Might the South American country join OPEC?

AJ Impact

OPEC chief says deeper oil cut an option amid weaker 2020 outlook

The producer group's forecasts pointed to slower global growth and lower demand next year.

OPEC chief says deeper oil cut an option amid weaker 2020 outlook

Counting the Cost

Oil attacks: What's next for Saudi Aramco and world oil markets?

We ask why Saudi Arabia's billion-dollar defences failed to protect its oil facilities and how it affects oil prices.

AJ Impact

Russia offers reassurance over global oil stockpiles

Russian energy minister rules out upping oil production levels as crude prices soar after Saudi Aramco attack.

Russia offers reassurance over global oil stockpiles

AJ Impact

OPEC members Iraq, Nigeria agree to cut oil output

Oil prices have dropped below $60 per barrel as fears of a global recession outweigh concerns about falling supply.

OPEC members Iraq, Nigeria agree to cut oil output

AJ Impact

OPEC cuts 2020 oil demand forecast, urges effort to avert glut

OPEC's policy of supporting prices through supply cuts has given a sustained boost to US shale and other rival supplies.

OPEC cuts 2020 oil demand forecast, urges effort to avert glut

AJ Impact

Saudi's new oil minister is a royal. That is a big deal

Prince Abdulaziz is the first Saudi royal named oil minister, a post traditionally distanced from palace intrigue.

Saudi's new oil minister is a royal. That is a big deal

AJ Impact

Saudi Aramco lines up banks, eyes local listing: Sources

Newly appointed energy minister Prince Abdulaziz bin Salman says Aramco is aiming for an IPO 'as soon as possible'.

Saudi Aramco lines up banks, eyes local listing: Sources

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