On April 3, 2023, OPEC published a press release saying that a number of countries, both members of this cartel…
The shock oil production cuts from May outlined by the OPEC+ on Sunday essentially means that eight key OPEC countries…
Led by Saudi Arabia and Russia, OPEC+ agreed in early October to reduce production by 2 million barrels per day…
The introduction of a price threshold for Russian oil has been discussed for several months. The idea was announced back…
“How will the market react to the attempts by politicians to rig supply and price?” asks “The Financial Times” in…
The response of the USA to OPEC and its partner’s plan to reduce output by two million barrels per day…
Recent Saudi efforts to appease the Biden administration in the wake of the kingdom’s backing of last month’s OPEC+ oil…
In the 33rd Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC, a group often referred to as OPEC+, ministerial…
A perfect storm is brewing on the foreign policy front in America triggered by the OPEC+ decision to cut oil…
Editor's Note: Modern Diplomacy, along with Global Leaders especially OPEC members, mourns Mohammad Sanusi Barkindo, OPEC Secretary General, whose unexpected…