Middle-east Arab News Opinion | Asharq Al-awsat

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OPEC President Qatar’s Energy Minister Mohammed bin Saleh al-Sada and OPEC Secretary General Mohammad Barkindo address a news conference after a meeting of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna, Austria, November 30, 2016. REUTERS/Heinz-Peter Bader

Qatar: Current Situation Won’t Prevent Us from Committing to Oil Production Reduction Agreement

by Asharq Al-Awsat | Jun 12, 2017 | Business

Astana- Qatar officially confirmed on Sunday its commitment to lower oil production and stick to the agreement in which oil output cut deal was agreed upon by OPEC and non-OPEC producers in May in Vienna. Qatar’s Minister of Energy and Industry Dr. Mohammed bin Saleh...

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Facilities at phases 2-3 of the South Pars gas field, owned jointly by Iran and Qatar, are illuminated at night in Assaluyeh on Iran’s Persian Gulf coast, May 27, 2006. REUTERS/Morteza Nikoubazl

Will Algeria Embrace a New Oil Output Freeze Deal?

by Wael Mahdi | Aug 9, 2016 | Business

Al-Khobar- Oil prices picked up on Monday, supported by media reports on imminent OPEC talks to check output. As for desperate countries suffering economic paralysis due to drop of oil prices such as Venezuela, any meeting among producing countries in OPEC is a golden...

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Mohammed bin Saleh al-Sada, Qatar’s energy and industry minister, addresses journalists. AP

Qatar Energy Minister Says Oil Market Recovering, Wants ‘Fair’ Oil Price

by Asharq Al-Awsat English | May 24, 2016 | Business

Qatar’s energy and industry minister said Tuesday that the oil market is slowly recovering from its steep drop but crude is still not trading at a “fair price” to encourage investment. “The oil market is recovering slowly but steadily. Luckily,...