31 Mar 2020

Saudi-Russia oil price war: Will it script the end of Opec?

by | posted in: News, United States |

Saad Abdulla al-Kuwari As is customary, Opec is supposed to reach its 60th year this year, and perhaps it will not celebrate this event as expected, this year. The reason is Saudi Arabia’s decision to reduce and discount the price … Read More
3 Oct 2018

Oil falls on news of Saudi-Russian deal to raise output

by | posted in: Middle East, News |

The biggest increase in US stocks in about 19 months also put pressure on crude prices. Saudi Aramco’s Ras Tanura oil refinery and oil terminal. Picture: REUTERS Singapore — Oil prices fell on Thursday from the four-year highs reached the … Read More