Tag "Organisation of Petroleum Exporting Countries"

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Middle East/North Africa Natural resources and energy

3 reasons why an OPEC production cap is still unlikely

Despite a recent announcement that OPEC will meet in September, a number of factors mean that any deal to cap production is still extremely unlikely.

Middle East/North Africa Natural resources and energy

Iran’s return prompts change to Saudi Arabia’s energy strategy

The Iranian nuclear deal poses a major threat to Saudi Arabia’s influence over both the GCC and OPEC, as Gulf nations reestablish relations with Iran. As a result, Saudi has