Oct 13 U.S. oil production hits all-time high, conflicting with efforts to curb climate change By Seth Borenstein, Associated Press United States domestic oil production has hit an all-time high last week, contrasting with efforts to slice heat-trapping carbon emissions by the Biden administration and world leaders. Continue reading
Aug 03 Saudi Arabia extends daily oil production cut through September to boost energy prices By Associated Press The Saudi cut of 1 million barrels per day, which began in July, comes as the other OPEC+ producers have agreed to extend earlier production cuts through next year. Continue reading
Apr 02 Watch 2:52 News Wrap: Biden pledges federal resources to help tornado recovery efforts In our news wrap Sunday, Biden declared a major disaster in Arkansas after tornadoes struck the South and Midwest, an explosion at a Russian cafe killed a prominent pro-war blogger, Saudi Arabia and other OPEC countries announced oil production cuts,… Continue watching
Oct 05 Watch 5:26 News Wrap: OPEC drastically cuts oil production to boost sagging prices In our news wrap Wednesday, OPEC is drastically cutting oil production by two million barrels a day to boost sagging prices, Russian President Putin signed documents today to annex four regions of Ukraine as the Russian military is losing its… Continue watching
Jul 15 Biden lands in Saudi Arabia to meet king, crown prince By Aamer Madhani, Ellen Knickmeyer, Chris Megerian, Aya Batrawy, Associated Press Biden met Friday with Saudi Crown Prince Mohammed bin Salman, the man he once pledged to shun for human rights violations, and shared a cordial fist bump as he tried to reset a diplomatic relationship… Continue reading
Jul 11 6 things to watch during Biden's trip to the Middle East By Chris Megerian, Associated Press President Joe Biden is heading to the Middle East for the first time since taking office last year. It's a region he's visited many times before, but recently has been experiencing dramatic changes. Continue reading
Nov 23 U.S. to release 50 million barrels of oil from reserve to alleviate energy costs By Josh Boak, Colleen Long, Associated Press The move is aimed at global energy markets, but also aimed at voters who are coping with higher inflation and rising prices ahead of Thanksgiving and winter holiday travel. Continue reading
Apr 03 Putin suggests sizable oil production cut as prices fall By Associated Press Russian President Vladimir Putin says he supports cutting oil production by about 10 million barrels a day to shore up falling prices. Continue reading
Apr 02 Trump says he expects Russia and Saudi Arabia to cut oil production By Associated Press President Trump says he expects Saudi Arabia and Russia will end an oil war and dramatically cut production. Continue reading
Dec 11 Saudi Aramco stock gains 10 percent after it begins trading By Aya Batrawy, Associated Press Aramco, owned by the state, has sold a 1.5 percent stake in the company, pricing its shares before trading at 32 Saudi riyals, or what is $8.53. Continue reading