Oil was the main talking point after Opec decided against ramping up production in April. The surprise decision taken by the organisation, which includes Saudi Arabia, Iran and a host of African countries, sent Brent crude prices almost 5 per cent higher to $67.20 per barrel – its highest level since January 2020. Analysts said … Read more
Iranian OPEC governor who fell into a two-week coma after suffering brain haemorrhage dies aged 68 Veteran politician Hossein Kazempour-Ardebili said to have died this morning Iran’s oil ministry announced the 68-year-old’s death in a short statement He was in a coma in a Tehran hospital for two weeks after a brain haemorrhage Fellow ministers paid … Read more
Oil price higher amid scepticism over production deal between Opec and Russia By Daily Mail City & Finance Reporter Published: 21:51 BST, 13 April 2020 | Updated: 21:51 BST, 13 April 2020 The oil price rose just 0.46 per cent yesterday after Opec and Russia agreed the largest-ever production cuts. Supply has been slashed by … Read more