Media ID: 55374961
Caption:
OPEC President, Saudi Arabia’s Energy Minister Khalid al-Falih, and OPEC Secretary General Mohammad Barkindo talk to journalists before the beginning of a meeting of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna, Austria, May 25, 2017. REUTERS/Leonhard Foeger
by Sabri Najeh and Asharq Al-Awsat | May 25, 2017 | Business
OPEC agreed on Thursday to extend cuts in oil output by nine months to March 2018, OPEC delegates told Reuters. This comes as the producer group battles a global glut of crude after seeing prices halve and revenues drop sharply in the past three years. The cuts are...
Media ID: 55372059
Caption:
Saudi Energy Minister Khalid al-Falih. (AFP)
by Sabri Najeh and Asharq Al-Awsat | Apr 21, 2017 | Business
Cairo, Abu Dhabi – OPEC members might extend the agreement to cut outputs in order to achieve the desired rebalancing of the market, announced Saudi Arabia and Kuwait. Saudi Energy Minister Khalid al-Falih said that oil-producing countries might have to prolong...
