Media ID: 55384446
Caption:
Russian Energy Minister Alexander Novak speaks during a news conference of the 4th OPEC-Non-OPEC Ministerial Monitoring Committee in St. Petersburg, Russia, July 24, 2017. REUTERS/Anton Vaganov
by Asharq Al-Awsat | Oct 3, 2017 | Business
London- Russian Energy Minister Alexander Novak said that Saudi Arabia and Russia will establish a new energy investment fund worth USD1 billion, noting that final touches would be put during the visit of Custodian of the Two Holy Mosques King Salman bin Abdulaziz to...
Media ID: 55357807
Caption:
A gas flame is seen in the desert near the Khurais oilfield, about 160 km (99 miles) from Riyadh, Saudi Arabia June 23, 2008. REUTERS/Ali Jarekji/File Photo
by Asharq Al-Awsat English | Sep 5, 2016 | Business
Crude oil futures pared gains on Monday after the world’s two biggest oil producers Saudi Arabia and Russia said Monday they had agreed to “act together” to try to stabilize oil prices, including limiting output. Brent crude futures for November...