by Asharq Al-Awsat | Jun 10, 2014 | Business
London, Bloomberg—OPEC ministers say they will almost certainly leave their oil-production ceiling unchanged when the group meets this week. What really matters for markets is whether Saudi Arabia will respond to global supply shortfalls by pumping a record amount of...
by Asharq Al-Awsat | Dec 3, 2013 | Business
Vienna, Bloomberg—Energy ministers from Iraq, Kuwait, Angola and Algeria expect OPEC to keep its crude production target unchanged Wednesday after Saudi Oil Minister Ali Al-Naimi said the market is “in equilibrium.” The market is “balanced,”...