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Business News > Mint Authors > Javier Blas

Javier Blas

Mint Author

ARTICLES BY JAVIER BLAS

Saudi Arabia’s motives may also have a geopolitical dimension. (AP Photo)

Counter-intuitive: Why Opec wants lower oil prices

4 min read . 07 May 2025

A Trump-Putin deal might lift sanctions on Russia but oil prices may not budge. (AFP)

A deal between Trump and Putin won’t ease global energy costs much

3 min read . 26 Feb 2025

Saudi Arabia, Russia and other oil-producing nations have now agreed to delay by two months a planned output hike that was scheduled to start in October.

OPEC+ has postponed a tough decision it can’t put off for long

4 min read . 10 Sep 2024

The most immediate impact could come if Israel concludes that Hamas acted on instructions of Tehran, which will hike oil prices.

This war isn’t a 1973 replay for oil but it could still turn ugly

3 min read . 09 Oct 2023

Warren Buffett, CEO of Berkshire Hathaway Inc (REUTERS)

The Warren Buffett way to profit from the energy crisis

4 min read . 09 Jan 2023

In a single day, the conduits, which link Russia with Germany under the Baltic Sea, have suffered not one, not two, but three separate major leaks. The word sabotage springs to mind (Photo: AFP)

Is Putin fully weaponizing the Nord Stream pipelines?

4 min read . 27 Sep 2022

A weaker rupee means India pays about 45% more than it did 14 years ago (Photo: AP)

A strong dollar has worsened today’s oil shock for importers

3 min read . 09 Jun 2022

Since taking office, Biden has only spoken with King Salman, Prince Mohammed’s father, and refused to deal directly with the crown prince, who’s still seen as a pariah in the US after the killing of Washington Post columnist Jamal Khashoggi in 2018 (Photo: Via Reuters)

Flush with cash, Saudi prince snubs Biden and sends a message

10 min read . 24 Nov 2021

West Texas Intermediate crude jumped as much as 3.3% to $78.38 a barrel in New York, the highest in almost seven years

OPEC+ continues gradual monthly supply hikes; oil jumps

2 min read . 04 Oct 2021

OPEC + agreed to gradually add more oil supplies to the market after Saudi Arabia and the UAE resolved a dispute that was blocking the deal

OPEC+ agrees to boost oil output after Saudi Arabia, UAE end standoff

1 min read . 18 Jul 2021

With the cartel discussing its production policy not only for the coming months but also into 2022, the solution to the standoff will shape the market and industry into next year

OPEC+ crisis deepens as Saudi Arabia refuses to budge

5 min read . 05 Jul 2021

Graphic: Bloomberg

OPEC splits at its core, risking deal that underpins oil price

4 min read . 01 Dec 2020

West Texas Intermediate futures rose above $40 a barrel on Friday (Photo: Bloomberg)

The big oil turnaround: From negative prices to a bull market

5 min read . 21 Jun 2020

Photo: Bloomberg

How an epic gamble exposed the rot inside oil empire of Singapore's Hin Leong

10 min read . 21 Apr 2020

A file photo of Saudi Arabia's Crown Prince Mohammed bin Salman (Photo: Reuters)

Saudi Arabia plans big oil output hike, beginning all-out price war

4 min read . 08 Mar 2020

Venezuela's Oil Minister Manuel Quevedo, Saudi Arabia's Minister of Energy Prince Abdulaziz bin Salman Al-Saud and Russia's Energy Minister Alexander Novak at OPEC. (Reuters)

Saudi Prince’s first OPEC outing brings last-minute oil surprise

4 min read . 07 Dec 2019

Aramco Chief Executive Officer Amin Nasser kicked off the IPO’s final phase at a presentation for hundreds of local fund managers in Riyadh. (Reuters)

Saudi Arabia cuts Aramco valuation, boosts loans to get IPO done

4 min read . 18 Nov 2019

Facilities at Abqaiq and the nearby Khurais oil field were attacked at 4 am local time (Photo: Reuters)

Saudi oil output cut in half after drones strike Aramco site

3 min read . 14 Sep 2019

Within the kingdom, there’s a big debate about whether to open Aramco to outside scrutiny. Photo: Bloomberg

Aramco could deploy ‘Barbarians at the Gate’ playbook for Sabic

3 min read . 03 Sep 2018

Saudi officials hope American investors will buy a large chunk of Aramco shares, irrespective of whether the company lists in London, New York or Hong Kong. Photo: Reuters

Aramco is said to get cool response on IPO from US investors

3 min read . 18 Mar 2018