Friday, June 12, 2026

OPEC meeting on output freeze unlikely without Iran progress

A meeting between oil producers to discuss a global pact on freezing production is unlikely to take place in Russia on March 20, sources...

Media crisis in Lebanon

Upon no advertising revenue, Lebanon's newspaper 'The Daily Star' suspends print edition. The newspaper, which is co-owned by the family of former prime minister Saad...

Russia sees oil price of $45-$50 per barrel 'acceptable' as it prepares for freeze...

Russia believes an oil price at $45-$50 per barrel is acceptable for the global oil market to balance, as it prepares to meet leading...

Oil surges to 2016 highs on reported Saudi-Russian deal

Oil prices surged Tuesday to 2016 highs on reports of an agreement between Saudi Arabia and Russia on freezing output. US benchmark West Texas Intermediate...

Oil market jumps on output woes in Canada and Libya

Oil prices rallied Thursday with Brent breaching $45 a barrel on worries over output from Canada and Libya, while traders reacted also to falling...

Saudi Mining and Minerals 2015 kicks off today

Saudi Arabia Mining & Minerals Exhibition & Symposium 2015 kicks off today (Tuesday) with Minister of Petroleum & Mineral Resources Ali Al-Naimi delivering a...

Expectations of Saudi oil shake-up stir uncertainty

A shake-up of Saudi Arabia's oil leadership by King Salman has introduced a new element of unpredictability to its energy policymaking at a moment...

Russia pipeline chief says let's talk to OPEC about output

Russian officials have decided they should talk to Saudi Arabia and other OPEC countries about output cuts to bolster oil prices, the head of...

Microsoft's Gates to start multi-billion-dollar clean tech initiative

Microsoft co-founder Bill Gates will launch a multi-billion-dollar clean energy research and development initiative with heads of state on Monday, the opening day of...

Asia oil prices dip on oversupply concerns

Oil prices fell in Asia on Thursday as supply outlook improved with both commodities hovering close to the key $50 mark, worrying traders about...

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