Tag: opec
Report: Saudis, Emiratis, Refused Biden’s Phone Call on Ukraine Crisis, Oil Supplies
The two heirs to their respective thrones spoke with President Vladimir Putin last week, after refusing to speak with Biden.
UAE Discovers More Oil Reserves
Abu Dhabi plans to invest $122 billion dollars in oil and natural gas over the next five years to boost production.
Iran ‘Not Worried’ About Falling Oil Prices
Iran, a member of OPEC, is not as worried about the plummeting price of crude oil as its regional neighbors -- it has other sources of income.
Report: Germany Spied on Israel’s PM, US, UK, EU, Vatican & OPEC
The German weekly 'Der Spiegel' again outs its country's spy agency for spying. This time Israel was included.
Iranian Oil Production Rises in July
Iranian crude oil production rose in July to its highest level in two years.
US Policy on Israel is Stuck in the 1970s
Now that the U.S. is closer to energy independence, importing less oil now than at any time since 1987, the Saudis do not have anywhere near the leverage that they had in 1973.