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Saudis Claim Iran Ordered Aramco Pipeline Drone Attack

Saudis Claim Iran Ordered Aramco Pipeline Drone Attack Saudi Arabia on Thursday blamed Iran for ordering an attack early this week on two Aramco pipeline booster stations, a strike that was intended as part of a broader sabotage campaign to disrupt world oil supplies, according to Saudi Energy Minister Khalid al-Falih.  The drone attacks came one day after a string of attacks on […]

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Saudis Scramble To Stop Oil Price Slide

Saudis Scramble To Stop Oil Price Slide Saudi Arabia is moving quickly to halt the slide in oil prices, telegraphing a production cut intended to erase some of the re-emerging supply surplus. Saudi oil minister Khalid al-Falih said on Monday that the kingdom would slash oil exports by 500,000 bpd in December, a move that […]

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Is The Oil Supply Glut Set To Return?

Is The Oil Supply Glut Set To Return? Is the oil market tightening too much or is a glut on the verge of making a comeback? There were a series of mixed messages from both OPEC and the IEA in recent days, offering a muddy outlook for the oil market. First was the TASS interview […]

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This Alliance Could Mark A New Era For Oil

This Alliance Could Mark A New Era For Oil Saudi Arabia and Russia could formalize a strategic partnership that would last indefinitely, potentially marking a new era for the oil market. In a wide-ranging interview with TASS, Saudi oil minister Khalid al-Falih said that he hopes to setup an official OPEC+ governing body, including a […]

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Saudi Arabia Won’t “Weaponize” Oil Prices, Energy Minister Says

Saudi Arabia Won’t “Weaponize” Oil Prices, Energy Minister Says With Saudi Arabia moving to quell international outrage over the brutal killing of journalist Jamal Khashoggi by firing a handful of top intelligence officials and arresting more than a dozen Saudi nationals for alleged ties to the killing, Energy Minister Khalid al-Falih told Russia’s TASS news […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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