Algeria: Time has Come for Output Freeze, Former OPEC Chief

As speculations increase that oil producers could reach an agreement on freezing their output levels at next month’s International Economic Forum (IEF) in Algiers, former OPEC chief and Algerian energy minister Chakib Khelil said “all the conditions are set for Read more

KSA: Moscow, Riyadh Cooperating to Stabilize Oil Market

Major oil producers could be on the verge of reaching an agreement to stabilize the oil market and boost prices. Russian energy minister Alexander Novak said there are consultations between Riyadh and Moscow and they are “ready to achieve the Read more

Iran Foils Takfiri Bomb Plots in Several Cities

Iran announced that it had foiled bomb attacksin Tehran and several other cities and that the attacks were planned by members of the Islamic State group. “A series of bombings had been planned in several places of the country in Read more

GCC-Russia Cooperating against Regional Challenges

A meeting between Russian Foreign Minister Sergei Lavorv and the President of the Gulf Cooperation Council (GCC) Adel Al-Jubeir, Saudi Arabia’s foreign affairs minister, focused on various topical regional issues, mainly in the Middle East and North Africa, and discussed Read more