Opec

US, Venezuela negotiate deal for American access to Venezuelan oilfields

Venezuela is considering leaving the OPEC oil production group as it strengthens ties with the US, Bloomberg reported late on Thursday.

Workers of Venezuelan state oil company PDVSA at a rig near Cabimas, Venezuela, January 27, 2026.; illustrative.
  The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, September 28, 2016.

Abu Dhabi sees leaving OPEC as a matter of national interest - opinion

UAE Minister of Energy and Infrastructure, Suhail Mohamed Al Mazrouei speaks, on the day of the Make it in the Emirates (MIITE) conference, in Abu Dhabi, United Arab Emirates, May 4, 2026.

Fractures rock Gulf alliance as UAE quits OPEC during Iran war - analysis

 A 3D-printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020.

UAE exit weakens OPEC+ power over oil market but group to stay together, sources say - analysis


Experts: If Europe, US enter recessions, Middle Eastern economies will suffer

Economic slowdowns in developed Western economies will hit Middle Eastern and North African trade and capital availability.

 An illustrated image of the US and Israeli flags being splashed by a rising tide of water, beneath which are US dollars and Israeli shekels to symbolize the rising tide of debt.

OPEC will welcome back Iran’s full return to oil market when sanctions lifted -secretary-general

Saudi Arabia, the kingpin of OPEC, and Iran announced in March that they would restore diplomatic relations after years of hostility, in a deal brokered by China, the world's No. 2 oil consumer.

 A 3D-printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020.

US concerned about Saudi Arabia, OPEC oil production cuts

Saudi Arabia and the OPEC announced they would cut their oil production in order to raise prices.

Saudi Arabian oil (illustrative)

Tunisia capitalizes as new South Korean route for Russian oil imports

Tunisia's role as the middleman in the Russian naphtha trade opens the door for Western investment.

 Flag of Tunisia (Illustrative).

Voices from the Arab press: Religious extremism and sexual assault

A weekly selection of opinions and analyses from the Arab media around the world.

 LEV TAHOR sect members escape detention in Huixtla, Mexico, Sept. 29. Twenty members had been detained on drug trafficking and rape accustations.

Will US-Saudi rift benefit China and Russia? - opinion

When Saudi actions deliberately inflate US gasoline prices at election time, such actions are perceived as hostile political interference and can undermine and damage bilateral relations.

 US PRESIDENT Joe Biden and Saudi Crown Prince Mohammed bin Salman walk side by side at a Gulf Cooperation Council meeting in Jeddah, Saudi Arabia, earlier this year.

Was OPEC's decision to cut oil production purely economic? - opinion

Neither Saudi Arabia nor Russia can claim that the decisions taken at the OPEC+ meeting on October 5 were purely economic.

 OPEC SECRETARY-GENERAL Haitham Al Ghais, of Kuwait, speaks at the Africa Energy Week conference in Cape Town, last month.

Pushing the Saudis into China’s & Russia’s arms -opinion

The Chinese are more than happy to pick up the pieces of the damaged US-Saudi relationship, trying to undermine American interests. The Chinese are already the number one Saudi trade partner.

 US SENATE Judiciary Committee Chairman Dick Durbin (D-IL) sits alongside a photo from the war in Ukraine during a committee hearing, last month. According to ‘The New York Times,’ Durbin has said Saudi Arabia wants Russia to win the war.

Saudi's recent Ukraine support does not make up for OPEC+ cuts - Blinken

Saudi Arabia's recent moves to provide aid to Ukraine do not compensate for the "wrong" decision by OPEC+ to cut oil production, says US Secretary of State Antony Blinken.

US Secretary of State Antony Blinken and India's Minister of External Affairs Subrahmanyam Jaishankar hold a joint news conference at Jawaharlal Nehru Bhawan (JNB) in New Delhi, India July 28, 2021

The White House must end its hostile policies toward Saudi Arabia - opinion

Such policies are traveling a dangerous path.

 SAUDI CROWN Prince Mohammed bin Salman receives US President Joe Biden at Al Salman Palace in Jeddah, in July. Although Biden visited Saudi Arabia this summer, the relationship between the two nations has continued to deteriorate, says the writer.