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Saudi Deputy Oil Minister Prince Abdulaziz Bin Salman Bin Abdulaziz (Asharq Al-Awsat)
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Iraqi Oil Minister Adel Abdul Mahdi. (Asharq Al-Awsat)
We support Saudi OPEC policy: Iraqi oil minister
Abu Dhabi, Asharq Al-Awsat—Iraqi Oil Minister Adel Abdul Mahdi said his country stands by the Saudi-brokered OPEC decision to maintain production among the organization’s member countries, amid some of the lowest oil prices since the aftermath of the global financial...Caption:
This July 26, 2011 file photo shows Venezuela’s then-oil minister and current OPEC representative, Rafael Ramírez, talking to the media during a news conference at the headquarters of the state-run oil company PDVSA in Caracas, Venezuela. (Reuters/Carlos Garcia Rawlins)
Iran, Venezuela urge oil price support ahead of OPEC meeting
Dubai and Al-Khobar, Reuters/Asharq Al-Awsat—OPEC hawks Iran and Venezuela on Saturday called on fellow crude producers to shore up prices that have plunged more than 30 percent to four-years low ahead of an OPEC meeting later this month. Oil prices have fallen to...Caption:
An oil refinery in Texas City, Texas, USA is seen in this September 16, 2008 file photo. (AFP Photo/Jim Watson/Getty Images)
Oil prices fall below $100 per barrel for first time in 14 months
Dammam, Asharq Al-Awsat—Prices of Brent crude fell below 100 US dollars per barrel for the first time in 14 months on Monday on the back of increased supply of shale oil from the US, while energy sector experts tell Asharq Al-Awsat they expect prices to stabilize...Caption:
Iraqi Oil Minister Abdul Kareem Al-Luaibi, refusing to take questions, arrives on June 8, 2014, at a hotel for a meeting of OPEC oil ministers in Vienna. (Reuters/Heinz-Peter Bader)