February 2016
February 16, 2016
Impact of Agreement Among Four Major Oil-Exporting Countries on Oil Prices
The oil ministers of Saudi Arabia, Qatar, Russia, and Venezuela reached an agreement to address the oversupply of crude oil and increase prices, while Iran…
February 12, 2016
Venezuela's Proposal to Saudi Arabia: No Increase in Oil Production
Venezuela has proposed to Saudi Arabia to maintain the current oil production ceiling to help stabilize prices, a proposal welcomed by Saudi Arabia but requiring…
February 10, 2016
Zangeneh: We are open to negotiations with OPEC members including Saudi Arabia
Iran's oil minister has expressed readiness to negotiate with OPEC members, including Saudi Arabia, amid falling oil prices and escalating tensions between the two countries.…