Saudi and Iraq satisfied with oil market recovery - state news


  • World
  • Sunday, 22 Oct 2017

RIYADH (Reuters) - Saudi Arabia and Iraq expressed satisfaction with the orientation of the global oil market towards recovery as a result of a deal to boost prices by limiting production, Saudi state media reported on Sunday.

OPEC, Russia and a number of other oil producers are cutting output until March 2018 in an effort to boost the price of crude.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Argentina's Milei faces biggest protest yet as students march over budget cuts
2nd LD: Plane crashes into river in Alaska
U.S. crude oil inventories down last week: API
1st LD: Plane crashes into river in Alaska
Urgent: Plane crashes into river in Alaska
Ukraine introduces power supply restrictions to businesses, industry
Feature: Spanish city of Barcelona celebrates day of books and love
Greece's primary budget surplus exceeds target in 2023
U.S. stocks close higher
UNEP: INC-4 must make meaningful progress

Others Also Read