Oil Market 'Responding Positively' to Output Cut
Qatar's energy minister ,Mohammed Saleh al-Sada
Doha - Arab Today
Qatar's energy minister, the current OPEC president, said world oil markets were "responding positively" to output cuts implemented by the cartel and some non-cartel producers.
"I think the market is responding positively and you can see the drop in supply," Mohammed Saleh al-Sada told reporters.
OPEC and non-OPEC producers led by Russia agreed in December to cut output by nearly 1.8 million barrels per day, initially for six months, starting from the beginning of this year.--AFP
Source :NNA
GMT 20:35 2017 Wednesday ,29 March
OPEC Daily Basket Down to USD 48.25 pbGMT 20:48 2017 Wednesday ,22 February
Dividend announcements drive Muscat bourseGMT 11:53 2017 Thursday ,19 January
OPEC oil output to fall in January: International Energy AgencyGMT 11:15 2017 Wednesday ,11 January
Asian markets up with commodities but crude strugglesGMT 15:27 2016 Tuesday ,13 December
Saudi stock market slips in heaviest volume since AprilRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 13:26 2018 Wednesday ,12 December
Russian activist Butina allegedly agrees to plead guilty to conspiracy
GMT 17:56 2017 Monday ,06 February
‘Terrorist’ bomb blast hits outside Bahraini capitalGMT 08:59 2011 Wednesday ,14 December
FM Spotlights HM King Hamad\' s Key Visit to Britain
GMT 06:28 2017 Thursday ,20 April
Careem drop-off and pick-up zones at Riyadh airportGMT 10:38 2012 Wednesday ,28 November
Long, thin snake species found in Ecuador
GMT 08:16 2018 Thursday ,29 November
10 killed, 19 wounded in Taliban attack in KabulGMT 07:05 2012 Wednesday ,05 September
Drew Peterson fate in jury\'s hands
GMT 11:55 2014 Wednesday ,12 March
Count down to BTV Spring Festival Gala
GMT 06:28 2017 Wednesday ,30 August
UN condemns North Korea missile launchGMT 17:24 2011 Thursday ,29 September
Abdul Al-Aziz returns to TV
GMT 12:34 2017 Thursday ,31 August
Ryanair CEO says won't bid
GMT 02:04 2014 Wednesday ,19 February
Showtime orders more \'Shamless,\' \'House of Lies\'
GMT 07:58 2017 Saturday ,10 June
Yemen’s army achieve notable advance
GMT 09:07 2024 Thursday ,08 February
UTair flight makes emergency landing in Russia’s Yekaterinburg
GMT 01:43 2015 Friday ,26 June
Erdogan denies Daesh launched attack from Turkey
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor