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AL GHAIS
Oil prices fall on mounting hopes for de-escalation in US-Iran WarOil prices declined Friday as traders perceived a reduced likelihood of renewed conflict between the US and Iran. Despite this, both Brent ...- Oil Price Today (June 5): Crude oil holds ground as Iran peace deal uncertainty lingers. Where are prices headed?Oil prices held steady on Friday following significant Thursday losses. Hopes for a quick resolution to the U.S.-Israeli conflict with Iran...
- Oil little changed on uncertainty over US-Iran peace dealOil prices saw little change on Friday after a significant drop. Hopes for an early end to the U.S.-Israeli conflict with Iran have faded. ...
- Putin's 'Russian Davos' opens with US guests as economy slows and war drags onRussia hosts its premier investment forum in Saint Petersburg. The event includes prominent figures from the United States and Germany. Thi...
- OPEC helps keep oil market stable, says organisation's Secretary General Haitham al-GhaisOPEC's Secretary General Haitham al-Ghais emphasizes the importance of oil market stability for global economic growth and investment. He h...
- Oil Min Hardeep Singh Puri discusses 'volatility in global market' with OPEC chiefUnion Minister Hardeep Singh Puri discussed the global oil market's volatility and its impact on global energy supply stability. Puri empha...
- OPEC expects share of Indian oil imports to rise againOPEC expects to increase its share of India's oil imports due to proximity. The decline in OPEC's dominance was caused by discounted Russia...
- India for predictable trajectory to cleaner fuel for orderly energy transitionThe recent reforms in the sector, including diversification of sources of imports and changes in gas pricing mechanism, ensured that prices...
- Climate campaigners slam OPEC bid to thwart oil phase-outIn the letter sent Wednesday, Ghais said it "seems that the undue and disproportionate pressure against fossil fuels may reach a tipping po...
- Climate campaigners slam OPEC bid to thwart oil phase-outOPEC faced criticism from activists and the High Ambition Coalition after urging its members to oppose a fossil fuel phase-out at the COP28...
- India asks OPEC to ensure oil market stability"The open and candid discussions at the meeting focused on key issues related to oil and energy markets with a specific emphasis on ensurin...
- Oil prices ‘too high’, India calls for higher production by Opec+Chief executive officers of Shell Plc, TotalEnergies SE and Occidental Petroleum Corp., among others, will later Monday discuss plans for t...
- Investments to determine fuel prices at the pump: UAE Energy MinisterThe UAE's energy minister, Suhail al-Mazrouei, stated that fuel prices for consumers will depend on continued investment in fossil fuels. H...
- The UAE holds a major oil and gas conference just ahead of hosting UN COP28 climate talks in DubaiIraqi and regional Kurdish government officials did not immediately acknowledge the pipeline reopening, though Iraq's oil minister has said...
- OPEC optimistic on demand, calls for more oil and gas investmentOPEC Secretary General Haitham Al Ghais expressed optimism about oil demand and highlighted the risk of under-investment to energy security...
- Citi expects Brent to plunge to low $70s next yearChief executive officers of Shell Plc, TotalEnergies SE and Occidental Petroleum Corp., among others, will later Monday discuss plans for t...
- OPEC Secretary General: Oil investment lag sowing seeds for future energy crisesAl Ghais sounded a note of optimism that policymakers at the upcoming COP27 climate summit will be more open to hearing the oil industry's ...
- Oil edges higher on optimism for firmer crude demandU.S. crude inventories fell sharply as the nation exported a record 5 million barrels of oil a day in the most recent week, with oil compan...
- OPEC Chief sees high risk of oil squeeze amid bullish demandFears over slowing consumption in China and the wider world - which have pushed crude prices 16% lower this month - have been exaggerated, ...
- Oil exporters discussed proposal for supply cut next year, Kuwaiti official saysSunday's meeting was attended by OPEC and non-OPEC countries with several oil ministers.
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