Oil traders aren’t too impressed with Saudi Arabia and Russia’s accord to cap oil production at near-record levels . After rising above $31.50 per barrel when news of this agreement Continue Reading
Saudi Arabia and Russia, the world’s biggest crude oil producers, joined Venezuela and Qatar in an agreement to freeze output in an effort to revive prices from a 12-year low. Continue Reading
For more than a year, oil diplomats have been busy behind the scenes trying to forge a deal between OPEC and nations outside the cartel to revive prices by curbing Continue Reading
Saudi Arabia, Russia, Qatar and Venezuela said Tuesday they wouldn’t increase crude-oil output above January’s levels as long as other major oil producers followed suit, people familiar with the matter Continue Reading
The more things change in the oil market, the more they stay the same: The agreement Tuesday between Saudi Arabia, Russia, Qatar and Venezuela to freeze oil output falls somewhere Continue Reading
The SPQ1 gas platform is seen on the southern edge of Iran’s South Pars gas field in the Gulf, off Assalouyeh, 1,000 km (621 miles) south of Tehran, in this Continue Reading
Oil ministers from Saudi Arabia, Russia, Venezuela and Qatar announced on Tuesday an agreement to freeze their oil output levels provided other major producers follow suit. The deal would freeze Continue Reading
The first coordinated decision on oil output between OPEC and producers outside the group in fifteen years isn’t going to revive crude prices, according to Goldman Sachs Group Inc. The Continue Reading
A day after Saudi Arabia, Russia and other oil producers agreed to limit their production, the pressure was turned up on Iran and Iraq to join the agreement and help Continue Reading
As the Iraqi government seeks to rebuild and resettle areas liberated from the self-proclaimed Islamic State (IS), Talib Muhammed would seem to be the prototype of an ideal ally.He is Continue Reading
