Wael Mahdi

Wael Mahdi
Features Prince Abdulaziz Bin Salman… The Oil Diplomat

Prince Abdulaziz Bin Salman… The Oil Diplomat

The Organization of the Petroleum Exporting Countries (OPEC) has known many highly qualified ministers and technocrats, but very few people knew how to assume…

Wael Mahdi (Riyadh)
Business Saudi Energy Minister Says Kingdom Is World’s Energy ‘Shock Absorber’

Saudi Energy Minister Says Kingdom Is World’s Energy ‘Shock Absorber’

Oil prices have risen at the opening of trade Monday’s trading session after Saudi Arabia, the world's largest oil exporter, said it will take the adequate…

Wael Mahdi (Kuwait)
Business OPEC+ Returns to 100% Compliance, Rebuffing Trump's Calls

OPEC+ Returns to 100% Compliance, Rebuffing Trump's Calls

Joint Ministerial Monitoring Committee (JMMC) of OPEC and partners, known as OPEC+, has agreed to 100 percent compliance with the cut deal, ruling out any…

Wael Mahdi (Algiers)
Business OPEC Supply Cuts Compliance at 129%

OPEC Supply Cuts Compliance at 129%

A panel comprised of ministers from OPEC and allied oil producers meeting on Sunday will not discuss a new recommendation to further increase in crude…

Wael Mahdi (Algiers)
Business Iran to Store Its Oil in Fleet of Supertankers

Iran to Store Its Oil in Fleet of Supertankers

Iran seems to be struggling again from US sanctions and despite major buyers announcement for their full compliance with Washington’s will to fully stop any…

Wael Mahdi (Kuwait)
Business Aramco

Aramco Increases Production in Offshore Fields

Saudi Aramco has pressed ahead with plans to increase production from offshore fields to maintain its capacity of producing 12 million bpd in the coming years…

Wael Mahdi (Kuwait)
Business Perry

US Urges Oil Producing States to Keep Output High, Limit Iran Imports

US Energy Secretary Rick Perry met with Saudi Energy Minister Khalid al-Falih on Monday in Washington, as the Trump administration encourages big oil-producing…

Wael Mahdi (Kuwait)
Business US Ban on Iranian Oil Turns into ‘Bargaining Chip’

US Ban on Iranian Oil Turns into ‘Bargaining Chip’

US politicians have been so far unable to convince many of their allies to cut their purchases of Iranian oil to zero by November 4. Analysts say that the…

Wael Mahdi (Kuwait)