Social and Events

Qatar has an oil output of 600.000 barrels of oil per day. compared to Saudi Arabia’s 11 million bpd output.

The measure. which was spearheaded by Russia. will come into effect on January 1.

Under the agreement Turkmenistan will make an investment of around $24 billion to deliver around 3.2 bcfd of gas for 25 years.

Alexander Novak will hold separate bilateral meetings with the oil ministers of Saudi Arabia and Iran.

OPEC delegates have said the group and its allies could cut by 1 million bpd if Russia contributed 150.000 bpd of that reduction.

The fiscal deficit continues to narrow in Saudi Arabia.

Russia would eventually agree to cut its oil production.

Venezuela stopped sending its gold to Switzerland for processing last year to circumvent EU sanctions and turned to Turkey for the purpose.

The emirate will no longer remain committed to OPEC agreements.

China and the United States agreed to halt additional tariffs in a deal that keeps their trade war from escalating.