Media ID: 55360964
Caption:
Media ID: 55360725
Caption:
Media ID: 55360241
Caption:
Media ID: 55360155
Caption:
Media ID: 55360002
Caption:
Caption:
Saudi King Salman bin Abdulaziz (right) escorts Venezuela’s President Nicolas Maduro (left) during a welcoming ceremony at the King Khalid International airport.— AFP
Caption:
Russian Energy Minister Alexander Novak attends the 15th International Energy Forum Ministerial (IEF15) in Algiers, Algeria September 27, 2016. REUTERS/Ramzi Boudina
Gulf-Russian Meeting on Oil: The Difficult Phase has Ended
Riyadh- Gulf Cooperation Council (GCC) energy ministers and their Russian counterpart asserted during a meeting in Riyadh Sunday that oil markets are on the way to being re-balanced, but in a slow pace. Saudi Minister of Energy, Industry and Mineral Resources Khalid...Caption:
OPEC logo is pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria September 28, 2016. REUTERS/Ramzi Boudina
Former OPEC Official Says Reaching Oil Production Agreement Is Difficult
Khobar- Former OPEC analyst says that arriving to a swift agreement between oil giants on production is expected to be a far-reach. But Brent is expected to reach an internationally settled rate ranging $40-$50 per barrel. Dr. Hasan M. Qabazard, former Director of...Caption:
Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016. REUTERS/Nick Oxford/File Photo
OPEC in Quest to Stabilize Output, U.S. Oil Grows
Cairo- As the Organization of the Petroleum Exporting Countries (OPEC) coordinate with the biggest oil producer in the world (Russia) to limit the production in order to regain stability and prices’ balance, the U.S. oil continues to grow, exceeding the USD50. This...Caption:
Saudi Arabia’s Energy Minister Khalid al-Falih talks during the 23rd World Energy Congress in Istanbul, Turkey, October 10, 2016. REUTERS/Murad Sezer