The Cradle
The Cradle
  • Home
Loading...
UAE will speed up expansion of oil production facilities to meet global demand
The Emirati state-owned oil company will spend $150 billion over the next five years to raise the country's daily oil output by five million barrels
Nov 29, 2022
Loading...
Saudi Arabia and Kuwait deny supporting OPEC oil production increase
The OPEC+ decision last month to cut oil production by two million barrels per day strained Saudi-US relations
Nov 22, 2022
Loading...
War of words escalates as Washington says Riyadh ‘coerced’ Gulf nations to cut oil production
Despite the recent US posturing, officials in Washington say the White House has no plans to cut military cooperation with Saudi Arabia, fearing this would foster its bonds with Russia and China
Oct 14, 2022
Loading...
Arab oil giants endorse OPEC+ production cut, shoot down US claims of ‘Saudi pressure’
The White House has been scrambling for a 'response' to their Gulf partners after failing to stop a major oil production cut ahead of midterm elections
Oct 17, 2022
Loading...
Inflation battle – OPEC+ cuts production levels to boost oil prices
OPEC+ nations want to reduce oil output to compensate for high inflation and fears over a global economic recession
Sep 06, 2022
Loading...
Oil prices drop by more than 1% after OPEC+ agrees to raise production levels
Jul 20, 2021
Loading...
Saudi Arabia to continue talks with Russia to stabilize oil prices
The price of Brent crude increased to $130 a barrel last year, and currently stands at $86.30 a barrel
Jan 20, 2023
Loading...
Iranian oil exports hit record high, reach pre-sanction levels
Tehran’s oil exports have been limited since former US President Donald Trump exited the 2015 nuclear accord in 2018
Jan 16, 2023
Loading...
Washington’s theft of Syrian oil continues unimpeded
Hundreds of fuel tankers filled with Syrian oil are smuggled every month into the Iraqi Kurdistan Region by the US occupation army and its proxy Kurdish militias
Dec 23, 2022
Loading...
Qatar secures 20 percent stake in major oil block off Brazil’s coast
Doha recently signed major, long-term energy deals with Asian and European nations as it works to expand its annual LNG production capacity from 77 million tons to 110 million tons
Dec 17, 2022
Loading...
Russia overtakes Iraq as India’s leading oil supplier
Since the start of the war in Ukraine, India has become the primary outlet for seaborne oil cargoes
Dec 14, 2022
Loading...
Stolen Syrian oil: The fuel for Syria’s partition
The role of the US military in stealing Syria’s oil runs deeper than mere petty theft. The funds are used to prop up Kurdish self-rule and ensure Syria's geographic division.
Dec 12, 2022
Loading...
Chinese leader urges GCC nations to adopt yuan, Shanghai exchange for oil and gas trade
Xi Jinping called China and Gulf nations 'natural partners' and urged regional leaders to be partners in promoting unity, development, and security
Dec 09, 2022
Loading...
Turkish attacks on SDF in northern Syria disrupt US oil smuggling
US convoys in Hasakah have been limited to deterring Turkish strikes on oil installations, in fear of further degradation of the decaying infrastructure
Dec 07, 2022
Loading...
Turkish airstrikes decimate Syrian energy facilities: Oil Minister
The strikes have also worsened northern Syria’s water crisis, as a number of water pumps and desalination plants have been halted
Dec 01, 2022
Loading...
Vladimir Putin discusses western oil price cap with Iraqi PM
Russia and Iraq both agreed to the recent OPEC+ decision to reduce oil production due to global recession fears
Nov 24, 2022
Loading...
Recession fears – OPEC cuts oil demand growth forecast
OPEC has made another cut to its global oil demand growth forecast, shaving around 100,000 bpd from its projections
Nov 14, 2022
Loading...
Washington continues its oil looting operations across Syria
Just a day earlier, the US had stolen large quantities of oil and wheat from different areas in Syria
Nov 14, 2022
Loading...
Syria in control of only one oilfield in US-occupied Deir Ezzor: Official
US occupation troops plunder at least 80 percent of Syria's daily oil production, as Washington has established over two dozen illegal military bases in the resource-rich northeast
Nov 12, 2022
Loading...
Iran increases oil exports to 3.8 million bpd: NIGC
Iran is expected to increase production to 4 million barrels per day, and supply new customers across the global energy market
Nov 08, 2022
Loading...
Iraq reaches $9 billion in oil revenues, first increase in three months
Iraq's October oil revenues have brought its annual revenues to approximately $99.7 billion, already surpassing its revenues from 2021
Nov 01, 2022
Loading...
OPEC+ trusted to balance oil supply and demand: UAE
Gulf oil giants remain steadfast in defending a major oil supply cut by OPEC+ despite threats made by the White House
Oct 31, 2022
Loading...
Biden turns to emergency oil reserves after latest snub from Gulf partners
The SPR has shrunk to its lowest levels in nearly four decades, as Washington continues to use the emergency reserves to keep fuel prices down
Oct 18, 2022
Loading...
Saudi crude oil exports on the rise despite OPEC+ output cut
Saudi Arabia's increase in daily production compensates for the shortfall of other oil producing economies
Oct 17, 2022
Loading...
Oil cuts: A perfect storm in US foreign policy 
The Biden administration’s poor dealings with oil producing countries will have major political and economic ramifications for the west
Oct 11, 2022
Loading...
OPEC+ production cut ‘a victory for common sense’: Kremlin
Moscow says the production cut counterbalances the 'mayhem' caused by Washington over recent months
Oct 10, 2022
Loading...
US army loots new batch of Syrian oil as fuel crisis deepens
In the middle of a fuel supply crisis, the US occupation army is stepping up the theft of Syrian oil
Oct 08, 2022
Loading...
US army and Syrian proxies training to ‘defeat ISIS’ in oil rich region
The US and its 'international coalition' forces have used hundreds of trucks to ship Syria's stolen oil to US bases and its allies in Iraq
Sep 08, 2022
Loading...
Explosion rocks oil refinery in southwestern city of Iran
The oil refinery is the oldest of its kind and one of the largest in the country, supplying 25 percent of Iran's fuel
Sep 02, 2022
Loading...
US steals new batch of Syrian oil as Damascus reports $107bln in losses since 2011
US occupation troops control the vast majority of Syria's oil fields with the help of the SDF
Aug 30, 2022
  • …
The Cradle
Home
Terms
Privacy
Contact Us
Support Us