Reports on Iran See all

The photo of Prince Abdulaziz Al Saud, half brother of Crown Prince Mohammed bin Salman

Oil market outlook: Sailing in the dark

With forecasts for oil demand and supply highly discouraging, Saudi Arabia enforces strict production caps compliance among OPEC members, warns financial markets “speculators” against betting on falling prices and hints at the possibility of further output cuts. However, U.S. shale producers may interfere with the organization’s strategy once again.

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