Saudi-Russia price war

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  • oil 2020-04-13 16:30

    Analysts calling OPEC, allies historic deal ‘insufficient’

    TEHRAN – After four days of deliberation and drama, the Organization of Petroleum Exporting Countries (OPEC) and its Russian-led allies finally managed to get Mexico to join a global pact for cutting oil production by 9.7 million barrels per day (bpd) in May and June.

  • OPEC 2020-03-10 15:06

    BY: Ebrahim Fallahi

    Saudis’ price war or a Russian plot against U.S. shale?!

    TEHRAN – Since early Monday, the announcement of a “price war” between Saudi Arabia and Russia, two biggest OPEC+ allies, hit the headlines of almost all of the world’s news agencies and outlets and released a wave of panic across the markets all around the world.