Brent oil prices rose on Wednesday to the highest since February after Saudi Arabia agreed to make bigger cuts in output than expected during a meeting with allied producers, while industry data …
Saudi Arabia’s oil cut pledge, Qatar and Saudi Arabia end dispute, businesses tied to rebelling Republicans
Saudi Arabia pledged to cut an extra 1m barrels a day of oil output in February and March, and also has agreed to end its dispute with Qatar. Plus, the FT’s US business editor, Andrew …
Pakistan welcomes Qatar and Saudi Arabia’s decision to reopen borders
Pakistan welcomed Qatar and Saudi Arabia’s decision to reopen their land, air and sea borders to each other after almost four years.”Pakistan welcomes the decision by the Kingdom of Saudi Arabia and …
Oil stocks soar after Saudi Arabia announces surprise production cut of 1 million barrels per day
The OPEC+ meeting opened on Monday with Russia proposing a production hike of 500,000 barrels per day, but that measure was opposed by most members.
Oil stocks soar after Saudi Arabia announces surprise production cut of 1 million barrels per day
The OPEC+ meeting opened on Monday with Russia proposing a production hike of 500,000 barrels per day, but that measure was opposed by most members.
Saudi Arabia Will Cut Extra 1 Million Barrels a Day of Crude. What That Means for Energy Stocks.
Then, Saudi Arabia announced it would cut 1 million barrels a day in February and March while other nations hold steady or make minor increases. Oil prices surged above $50 for th …
Accord towards ending Gulf dispute result of Qatar’s ‘brave resistance’: Iran’s Zarif
Iranian Foreign Minister Mohammad Javad Zarif said on Tuesday an agreement towards ending a dispute between Qatar and Saudi Arabia and its allies was the result of Qatar’s “brave resistance to …
Gulf Arab leaders sign declaration to ease rift with Qatar
Gulf Arab leaders signed a declaration Tuesday to ease a rift with Qatar, following Saudi Arabia’s decision to end a 3 1/2-year embargo of the tiny energy-rich …
Arab states agree to end three-year boycott of Qatar
Reconciliation with Saudi Arabia, Egypt, Bahrain and the UAE includes a non-aggression pact …
Qatar and Saudi Arabia breakthrough is more exhaustion than compromise
Talk of brotherly unity rather than lessons learned dominated the Gulf Cooperation Council summit …