Bargain Hunters Stymied as Oil Rout Offers 1 in 6 Odds of Profit
Bargain hunters looking to profit on the latest oil rout might as well roll a six-sided die. Only one in six of the stocks and bonds issued by North American …
Read MoreTag: Saudi Arabia
OPEC Output Reaches 3-Year High as Iran Pumps Most Since 2012
OPEC pumped the most crude last month in more than three years as Iran restored output to the highest level since international sanctions were strengthened in 2012. The Organization of …
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OPEC Is Winning the Oil War
Data from the Energy Information Administration shows a contraction in monthly production growth from the top three shale producing regions From Canada to Qatar and the Barents Sea to the …
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Iran Oil Deal to Fan OPEC Discord as Saudis Defend Market Share
Saudi Oil Minister Ali al-Naimi. Photographer: Samuel Kubani/AFP via Getty Images Saudi Arabia has impressed analysts and traders alike with its determination to keep oil flowing amid the selloff. Now …
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Saudis Raise Oil Pricing to Asia as Refining Margins Improve
Global crude use is improving, and Saudi Arabia can meet demand from any customer, Oil Minister Ali al-Naimi said at a conference in Riyadh on March 23. Photographer: Vladimir Weiss/Bloomberg …
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