Oil Cartels Could Stabilize Market at an Extraordinary Meeting in November

Secretary General of the Oil Producing Exporting Countries (OPEC) Mohammed Barkindo has hinted that the organization could hold an extraordinary meeting as early as November if OPEC and non-OPEC producers meeting on the sidelines of the International Energy Forum reach Read more

OPEC Sect. Gen. to Visit Countries Reluctant to Attend Energy Forum

The newly appointed Secretary General of the Oil Producing and Exporting Countries, Mohammad Sanusi Barkindo, will be visiting Oman and Iran before the International Energy Forum (IEF) scheduled to take place in Algeria from September 26 to 28. A source 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