Russian Energy Minster Alexander Novak said Tuesday that Moscow remains open to further cooperation with OPEC to stabilize the oil market. “I want to say the doors aren’t closed,” Novak told the state-run Rossiya 24 television network. The lack of agreement with OPEC on extending production cuts “does not mean ...
Stock markets in the energy-rich Gulf states made a strong rebound in opening trade Tuesday, led by the Saudi bourse which jumped 5.6 percent, as oil prices bounced after heavy losses. Energy giant Aramco, which dominates the Saudi Tadawul market, gained 5.5 percent after a series of sessions in the ...