MOSCOW / Reuters Russian Energy Minister Alexander Novak hopes leading oil producers will agree to freeze output at a meeting in Doha on April 17, he said, which should help the global oil market to rebalance. Russia, Saudi Arabia, Venezuela and Qatar agreed in February to freeze production at January levels, but said at the time the deal was contingent ...

RABAT / Reuters French carmaker Renault and component suppliers will invest 10 billion dirhams ($1.04 billion) in Morocco to build an “industry ecosystem”, the country’s industry minister said on Friday. Renault’s ecosystem and its new plants will raise Renault’s local sourcing of components to 65 percent from 32 percent and are projected to generate 20 billion dirhams in revenues, Moulay ...

DUBAI / Reuters Iran is exporting around 350,000 barrels of crude oil a day to India and hopes to increase this number, Oil Minister Bijan Zanganeh was quoted as saying on Saturday after meeting Indian counterpart Dharmendra Pradhan. The Shana news agency, linked to Iran’s oil ministry, quoted Zanganeh as saying Indian oil purchases from Iran were at 350,000 barrels ...