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  • Oil madaresharghi

    Saudi Oil Output Dips Despite Promises to Pump More

    Saudi Arabia, which recently pledged oil-supply increases to tame rallying crude prices, cut production last month, according to OPEC delegates familiar with the matter. The biggest member of the Organization of Petroleum Exporting Countries pumped…

  • EU madaresharghi

    EU urges intl. community to stick to nuclear deal

    Federica Mogherini, the European Union foreign policy chief, on Tuesday called on the international community to stick to the 2015 nuclear deal after U.S. President Donald Trump pulled out of the deal. Here’s a round-up…

  • JCPOA madaresharghi

    Top Iranian generals welcome U.S. exit from JCPOA

    The highest ranking military commanders have welcomed U.S. President Donald Trump’s decision to pull out of the multilateral nuclear agreement, officially called the Joint Comprehensive Plan of Action (JCPOA). Addressing a conference, Chief of the…

  • OPEC Chief: Russia Will Not Flood the Oil Market

    Oil prices have rebounded nearly 60% since June, with Brent crude rising to three-year highs of above $71 a barrel, prior to a pullback last week that wiped out its gains for 2018. Those worries…