oil output

OPEC is unlikely to cut output before U.S., Russia, Iraq – FGE

Oil has risen about 50 percent from 12-year lows hit less than two months ago after Saudi Arabia, Qatar and Venezuela, along with non-OPEC exporter Russia, pledged to freeze supply at January's levels if others cooperated. The U.S., Russia and Iraq are

Russia and Saudi Arabia agreed to freeze oil output

The Saudi, Russian, Qatari and Venezuelan oil ministers held a previously undisclosed meeting in Doha to discuss joint measures on tackling a growing oversupply of crude, Reuters reports. The participants announced the proposal on joint action to tackle a growing oversupply of