Media ID: 55348033
Caption:
Custodian of the Two Holy Mosques King Salman chairs the Cabinet session at Al-Yamamah Palace in Riyadh on Monday.
by Asharq Al-Awsat | Mar 1, 2016 | Business
Riyadh- Saudi ministers confirmed that the Kingdom remains committed to a stable oil market and will continue to communicate with major producers to prevent price fluctuations. The Saudi Cabinet reiterated that the government is still committed to meeting a “large...
Media ID: 55347122
Caption:
Pumpjacks and other infrastructure for producing oil dot fields outside of Watford City, North Dakota January 21, 2016. REUTERS/Andrew Cullen
by Asharq Al-Awsat | Jan 30, 2016 | Business
Oil prices rose on Friday, recovering more than 25 percent from 12-year slumps hit last week and paring losses for the month, forecasting a deal between major exporters to cut production and curb one of the biggest supply gluts in history. Also, oil drew support from...