Saudi foreign assets keep falling in April despite heavy overseas borrowing
The Saudi Arabian central bank’s foreign assets fell in April as the government borrowed heavily abroad, according to official
OPEC is falling short on its promise to do ‘whatever it takes’ to stabilize oil prices
Few days back, 25th March, OPEC met market expectations by extending the OPEC and non-OPEC crude oil production cuts enacted on
OPEC considers extending oil output cut to March 2018
OPEC and non-member oil producers moved closer on Wednesday to clinching a deal on extending output cuts by nine months to clear a
OPEC, non-OPEC could deepen oil cuts –Kuwait
OPEC and non-member oil producers could deepen output cuts or extend them for a year when they meet in Vienna this week as they seek
The markets frustrate OPEC’s efforts to push up oil prices
Know thy enemy The markets frustrate OPEC’s efforts to push up oil prices The cartel is fighting not just shale producers but the
Oil rises on expectations of extended supply curbs
Oil prices were little changed on Tuesday as the market awaited direction from weekly U.S. inventory data and as Kuwait joined top
Oil rises after Saudis, Russia agree supply cut to be extended
Oil prices jumped 1.5 percent on Monday after the energy ministers of the world’s two biggest producers Saudi Arabia and Russia