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Director / Editor: Victor Teboul, Ph.D.
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OPEC, Russia Could Raise Oil Output After US Prodding

Saudi Arabia and Russia are discussing raising OPEC and non-OPEC oil production by about 1 million barrels a day, sources said, weeks after U.S. President Donald Trump complained about artificially high prices. Riyadh and Moscow are prepared to ease output cuts to calm consumer worries about supply adequacy, their energy ministers said Friday, with Saudi Arabia’s Khalid al-Falih adding that any such move would be gradual so as not to shock the market. Raising production would ease 17...


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