The U.S. is furious at Saudi Arabia for reducing its oil output. Saudi Arabia says the decision was taken for economic reasons. Ghadi Francis tells you more on The West Asia Post.

The West Asia Post | Tensions in U.S.-Saudi Arabia ties after OPEC oil cut

The relationship between United States and Saudi Arabia remains strained. Both the countries have taken exit over OPEC Plus's last week's decision to cut oil production.

US-Saudi Relations: Washington accuses Riyadh of boosting Russian interests

Saudi Arabia on Thursday (October 13) rejected accusations that decision taken by OPEC (Organisation of Oil Producing Countries) and its allies to cut oil production was aimed against the United States.

OPEC decision of output cut not aimed against US, says Saudi Arabia

US President Joe Biden has vowed 'consequences' for Saudi Arabia after last week the OPEC+ led Riyadh announced that they would cut oil production despite Washington's strong objections.

US President Biden vows 'consequences' for Saudi Arabia over OPEC oil output cut

US President Joe Biden has vowed consequences for Saudi Arabia after last week's decision announced by the OPEC+ group led by Riyadh that it would cut all production despite Washington's strong objections.

Biden vows consequences for Saudi Arabia over OPEC oil output cut

The U.S. fumes as Saudi Arabia and other members of the OPEC+ cut oil production by 2 million barrels per day. What led to the decision to slash oil output? What does this say about U.S. ties with Saudi Arabia?

The West Asia Post | US accuses OPEC of 'aligning with Russia'

On Monday, Senate Foreign Relations Chair Robert Menendez urged to freeze all US cooperation including weapons sales and security with Saudi Arabia in response to their continued support for Russia.

President Biden ‘re-evaluating’ US-Saudi ties for siding with Russia on OPEC oil cut

The OPEC+ group agreed to cut production, by 2 million barrels per day, the biggest slash in production since the beginning of the COVID-19 pandemic in 2020.

World Business Watch: OPEC+ will cut production by 2 million barrels a day

The decision by the Organization of the Petroleum Exporting Countries (OPEC+) to reduce oil output, according to President Biden, has left the government searching for "alternatives.

US looking for 'alternatives' after OPEC 'disappointment', may ease Venezuela sanctions

OPEC and its allies led by Russia slashed oil production by 2 million barrels per day. The move is expected to drive up oil prices and boost export revenue for members of the cartel. The US has responded by accusing OPEC of aligning with Russia. Molly Gambhir tells you more.

Gravitas: OPEC cuts oil production to drive up prices

The United States is reviewing various options regarding its relationship with Saudi Arabia. This comes after Riyadh and other OPEC plus nations agreed to large cuts in oil production.

Blinken: US reviewing options on Saudi ties after OPEC+ cuts

The Indian rupee hit a record low of 82.22 against the dollar on Friday as rising oil costs and a strong dollar index dampened investor confidence. The rupee had previously reached a session low of 81.

Rupee hits record low of 82 against US dollar after OPEC+ production cut plan

World Business Watch: OPEC+ to cut oil production by 2 million barrels per day to shore up prices

In what can be the strongest accusation that has come after OPEC+ oil production cut, the White House on Wednesday (October 5) said that the Organisation of Oil Exporting Countries (OPEC+) grouping is "aligning with Russia".

OPEC+ is 'aligning with Russia' by slashing oil production heavily: White House

Organisation of Petroleum Exporting Countries (OPEC+) on Wednesday (October 5) agreed to big cuts to oil production. These are deepest cuts in production since 2020 COVID pandemic.

OPEC+ decides to reduce oil production despite US pressure

The OPEC Plus has decided to start cutting oil production in October by 100,000 barrels. Western sanctions on countries like Iran and Venezuela could squeeze oil supplies further. Palki Sharma tells you more.

Gravitas: Why your oil bills could spike again

Oil prices rose about 3% on Monday, as OPEC+ members agreed to a small production cut of 100,000 barrels per day to bolster prices.

Oil up nearly 3% as OPEC+ agrees to small oil output cut

Oil prices jumped more than $1 a barrel on Monday, extending gains as investors eyed possible moves by OPEC+ producers to tweak production. Brent Crude Futures rose 1.5% to $94.45 a barrel.

Oil prices climb more than $1 per barrel ahead of OPEC+ meeting today

The OPEC (Organisation of the Petroleum Exporting Countries) and its allies have decided to cut down on oil production in a bid to boost the prices. The low prices sparked fears of a possible economic slowdown among a number of countries and this decision was taken as a precautionary measure.

OPEC to cut production by 100,000 barrels per day after oil price slump

French President Emmanuel Macron faced criticism from opposition figures and human rights groups after he hosted Saudi Crown Prince Mohammed bin Salman on Thursday.

French human rights groups criticise Macron for hosting Saudi strongman

OPEC's Secretary-General Mohammad Barkindo has died, Mele Kyari, the chief executive of Nigerian National Petroleum Corp said on Wednesday (July 6). Barkindo, who was 63, was due to step down at the end of this month after six years as OPEC's secretary-general.

OPEC'S Mohammad Barkindo dies, Nigerian oil officials say

Oil prices fell in early Asian trade on Monday, paring gains from the previous session. Oil supply remained tight amid lower OPEC output, unrest in Libya and sanctions on Russia.

Oil prices slip as recession fears rumble on

Saudi Arabia has raised the official selling price of oil. Global oil prices have also witnessed a jump in price.

Saudi Arabia raises the official selling price of oil

The Organization of the Petroleum Exporting Countries (OPEC) and its allies has agreed to significant oil output increases in July amid calls for the alliance to help contain the surging oil prices.

OPEC+ agrees to significant oil output increases in July to ease surging prices

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