Latest News Updates From Wael Mahdi

Business, Fuel

Oil Producers Consider Output Cut Extension as Support Grows

Oil producers pledged to consider extending their pact limiting supply, as half a dozen nations said more time was needed to drain swollen stockpiles.

, March 27, 2017
Business, Fuel

Oil Producers Said Likely to Meet in April on Output Freeze

Major oil producers are likely to meet in April to discuss a proposal to freeze output at January levels to stabilize the market, according to four Gulf OPEC delegates.

March 14, 2016