Bloomberg Saudi Arabia pulled out of planned talks with non-OPEC nations. including Russia, as disagreements about how to share the burden of supply cuts stood in the way of a deal to boost prices just days before a make-or-break meeting in Vienna. OPEC officials were scheduled to meet with non-members including Russia on Monday before a ministerial meeting in ...

  AFP Kuwaitis went to the polls on Saturday for the first election contested by the opposition in nearly four years amid fresh disputes over cuts in subsidies due to falling oil revenues. Turnout was high at many of the 100 polling stations with some centres reporting 70 percent of eligible voters had cast their ballots with two hours to ...

  Bloomberg Libya’s UN-backed government is under mounting pressure to devalue its currency, joining other energy producers from Nigeria to Kazakhstan that have buckled in the face of tumbling revenue and domestic turmoil. The dinar has been steadily weakening on the black market over the past year as the nation’s political rifts thwarted a recovery in oil output. It hit ...