DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister …
Read More »Gulf Arab oil producers reach deal to extend cuts
Bloomberg Gulf Arab oil producers have reached an agreement about a possible extension of output cuts beyond June to reduce stockpiles of crude, Oman’s oil minister said. His Saudi Arabian counterpart confirmed that producers arrived at an initial deal on prolonging cuts. GCC countries agreed to push for an extension in a meeting, Oman Oil Minister Mohammed Al Rumhy …
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