The United Arab Emirates' energy minister doubled down Monday on an oil alliance with Russia that's helped buoy crude prices to their highest in years as the crisis Ukraine rattles markets and sends energy and commodity prices …
OPEC session has ended, and its member states agreed on extending the deal on cutting oil output for nine months starting from July, the Minister of Energy and Industry of the United Arab Emirates Suhail Al Mazroui said. …
The Joint OPEC-non-OPEC Ministerial Monitoring Committee will discuss the impact of oil output cuts on the market during a meeting in Baku in February, the United Arab Emirates Minister of Energy and Industry Suhail bin Mohammed …
Iran oil minister Bijan Namdar Zanganeh warned that any breach of OPEC’s oil production ceiling will hurt the effectiveness of the organization, and urged strict adherence to the caps. "Output by some …
OPEC President Suhail al-Mazrouei defended the oil producer group against U.S. President Donald Trump’s recent demands for higher oil output, saying OPEC does not shoulder the blame. "OPEC …
OPEC Secretary General Mohammad Barkindo said the group is looking at options to institutionalize OPEC and non-OPEC cooperation framework for continuity. Speaking at the 7th OPEC International Seminar in Vienna, …
Iranian Oil Minister Bijan Zanganeh has asked OPEC president, United Arab Emirates Energy Minister Suhail al-Mazrouei to support it against new U.S. sanctions. “I would like to seek OPEC’s …
Oil producers participating in output cuts such as OPEC and Russia have beat expectations on the cuts and they are committed to balancing the market, according to UAE Energy Minister Suhail Al Mazrouei said. "Al …
OPEC will review several options of the future of the oil output cut deal between OPEC and other producing countries on at the meeting on May 15, United Arab Emirates Energy Minister Suhail al-Mazrouei said. He …
Iran has regained about 80 percent of the market share it held before sanctions intensified in 2012
