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The IEA has said the energy industry is set to suffer a record drop in investment because of Covid-19.

The US announced last week that it was withdrawing air defences from Saudi Arabia, after a reported dispute between the two countries.

Saudi king, Trump scurry to 'reaffirm relations' amid tensions

The New Arab

Saudi king, Trump scurry to 'reaffirm relations' amid tensions

A phone call took place between Saudi Arabia's King Salman and US President Donald Trump on Friday, amid reports of increasing tensions between the allies.

US pulls anti-missile systems from Saudi Arabia amid dispute

The New Arab & agencies

US pulls anti-missile systems from Saudi Arabia amid dispute

The US is reportedly removing two batteries of Patriot surface-to-air missiles as well as fighter equipment and 300 troops stationed in Saudi ...

Trump pressured Saudi with threat of weapons over oil

The New Arab

Trump pressured Saudi with threat of weapons over oil

Crown Prince Mohamed bin Salman was so shocked by Trump's ultimatum that he sent his aides outside the room before continuing the phone call.

The New Arab & agencies

Oil rallies as Gulf tensions eclipse coronavirus woes

Crude oil prices have risen after US crude futures plummeted below zero earlier this week.

Paul McLoughlin

Less than zero: The great US oil crash

A price war between Russia and Saudi Arabia has seen US oil prices crash.

Rauf Mammadov

Inside how the Russia-Saudi oil price war finally ended

The oil price war pushed relations between Russia and Saudi Arabia to breaking point.

Courtney Freer

Saudi oil price war relents, but uncertain future awaits

Comment: Losses in Saudi Arabia's efforts to diversify have cast doubt on the future of Mohammed bin Salman's ambitious megaprojects, writes ...

Top oil producers agree cuts due to coronavirus crisis

The New Arab & agencies

Top oil producers agree cuts due to coronavirus crisis

Top oil-producing countries agreed Sunday to cut output in order to boost plummeting oil prices due to the coronavirus crisis and a Russia-Saudi ...

The New Arab & agencies

G20 energy ministers scramble to finalise oil output deal

G20 energy ministers held virtual meetings on Friday, while oil-producing countries waited to receive Mexico's consent to close the OPEC deal.

Kuwait official says Mexico 'disrupted' OPEC agreement

The New Arab & agencies

Kuwait official says Mexico 'disrupted' OPEC agreement

Oil producing countries are now waiting on Mexico's consent to finalise the OPEC+ deal. Kuwait's oil ministers says the North American country ...

Oil rebounds as hopes grow for output cut deal

The New Arab & agencies

Oil rebounds as hopes grow for output cut deal

Oil prices have increased ahead of an OPEC+ meeting due to take place on Thursday.

Saudi-Russia oil price deal a test of US leverage

Courtney Freer

Saudi-Russia oil price deal a test of US leverage

Comment: Much is at stake for Trump's domestic and international reputation in brokering the global energy pricing war, writes Courtney Freer.

Saudi Arabia rebukes Russia over oil price collapse

The New Arab & agencies

Saudi Arabia rebukes Russia over oil price collapse

Saudi officials have come back at Russia for blaming the kingdom for the drop in oil prices, revealing the persistent tension between the two ...

The New Arab & agencies

Oil soars after Trump claims Saudi, Russia slashing output

Oil prices rebounded following Trump's announcement he had spoken to Saudi and Russian leaders, claiming they had agreed to cut back production by at least 10 million barrels per day.

The New Arab & agencies

Oil rebounds on hopes of US intervention

US President Donald Trump said he expected Saudi Arabia and Russia to make a deal to end their price war over oil.

The New Arab & agencies

Saudi to raise oil exports to record levels

Saudi Arabia said it will raise its oil exports to a record 10.6 million barrels per day starting despite a global supply glut, escalating a ...

The New Arab

US moots idea of Saudi oil alliance

Saudi Arabia and the US could form a new energy alliance, as Riyadh continues its energy war with Russia.

Oil price war: Why Russia left the OPEC+ regime

Rauf Mammadov

Oil price war: Why Russia left the OPEC+ regime

Some experts believe Russia decided to ratchet up its oil output to finish off the US shale industry. But is there more to it?

Rauf Mammadov

Saudi Aramco stock bonanza is boosting the crown prince

The record valuation, which defied sceptics' predictions that the stock price would wallow, cheered Crown Prince Mohammed bin Salman, who had ...

Middle East energy markets in 2019

Omid Shokri Kalehsar

Middle East energy markets in 2019

What will happen in Middle East energy markets in 2019? What affect will any price rise/fall have on ordinary people and on regimes?

Qatar repels Saudi-led blockade

Emile Nakhleh

Qatar repels Saudi-led blockade

Crown Prince Mohammed bin Salman has failed to coerce Qatar to change course to suit Saudi Arabia's regional hegemonic aims, writes Emile ...

The geopolitics of US sanctions against Iran's energy sector

Omid Shokri Kalehsar

The geopolitics of US sanctions against Iran's energy sector

Analysis: Sanctions against Iran provides the US with a sizeable number of consumers in need of alternative suppliers, perfectly placing it ...

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