Saudi Arabia-russia-price-war

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Oil crisis: Saudi Arabia, Russia fracas over production cut sends prices crashing; puts Africa's cash-strapped producers in peril
Business

Oil crisis: Saudi Arabia, Russia fracas over production cut sends prices crashing; puts Africa's cash-strapped producers in peril

A three-year supply pact between the Organization of the Petroleum Exporting Countries (OPEC) and other oil producers, including Russia, fell apart this month after Moscow refused to support Riyadh’s plan for deeper production cuts,

Crude climbs after White House comments on intervention in price war between Saudi Arabia, Russia
Business

Crude climbs after White House comments on intervention in price war between Saudi Arabia, Russia

US crude and global benchmark Brent have both collapsed about 40 percent in the last two weeks since talks between the Organization of the Petroleum Exporting Countries and its allies, including Russia, broke down which led Saudi Arabia, the world’s biggest oil exporter, to ramp up supply