Saudi Crown Prince Backs Extending OPEC Cuts Into 2018 Saudi Crown Prince Backs Extending OPEC Cuts Into 2018:- Saudi Arabian Crown Prince Mohammed bin Salman backed the extension of OPEC production cuts beyond March 2018, making it all but certain the cartel and its allies will rollover the curbs at […]
Organization of the Petroleum Exporting Countries
Oil hits two-month high on tighter U.S. market, Venezuela sanctions risk Oil prices hit a two-month high on Monday, lifted by a tightening U.S. crude market and the threat of sanctions against OPEC-member Venezuela. Brent crude futures were at $52.82 per barrel at 0443 GMT on Monday, up 30 cents […]
Saudis, Iran dash hopes for OPEC oil deal in Algeria Saudis, Iran dash hopes for OPEC oil deal in Algeria : Saudi Arabia and Iran on Tuesday dashed hopes that OPEC oil producers could clinch an output-limiting deal in Algeria this week as sources within the exporter group said the […]
