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OPEC Oil Output Falls in February on Saudi Additional Cut
2021-03-01 14:50:04| OGI
OPEC oil output fell in February as a voluntary cut by Saudi Arabia added to agreed reductions under a pact with allies, a Reuters survey found on March 1, ending a run of seven consecutive monthly increases.
Tags: february
additional
cut
oil
Saudi Aramco Seeks Extension on $10 Billion Loan: Sources
2021-03-01 11:10:00| OGI
Saudi Aramcos profits plummeted last year, but it stuck to a promised $75 billion annual dividend, most of which goes to the Saudi government.
Tags: sources
extension
loan
billion
Former Saudi Oil Minister Yamani, Face of 1973 Oil Embargo, Dies
2021-02-23 11:10:00| OGI
Known for his elegant manner and trademark goatee, Sheikh Zaki Yamanis 24-year tenure running the oil affairs of the worlds biggest producer made him a global celebrity during the inflationary oil shocks of the 1970s.
Russia, Saudi Arabia At Odds over Oil Cuts Ahead of OPEC+ Meeting: Reports
2021-02-22 19:00:00| OGI
Key questions for the OPEC+ meeting will be whether Saudi Arabia rolls back its voluntary cut of 1 million bbl/d and whether there is room for an additional increase in supply from the whole oil producer group.
Tags: reports
meeting
oil
ahead
Saudi Arabia Set to Raise Oil Output, Reversing Recent Production Cut: Reports
2021-02-17 23:25:00| OGI
Saudi Arabia is expected to announce its plans when a coalition of oil producers meets next month, according to a WSJ report on Feb. 17, adding that the output rise wont kick in until April.
Tags: set
recent
reports
production
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