Wael Mahdi

Business, Fuel

Oil Producers Consider Output Cut Extension as Support Grows

Andrey Rudakov/Bloomberg News

Oil producers pledged to consider extending their pact limiting supply, as half a dozen nations said more time was needed to drain swollen stockpiles.

Wael Mahdi | Bloomberg News
March 27, 2017
Business, Fuel

Oil Producers Said Likely to Meet in April on Output Freeze

Lisi Niesner/Bloomberg News

Major oil producers are likely to meet in April to discuss a proposal to freeze output at January levels to stabilize the market, according to four Gulf OPEC delegates.

Wael Mahdi | Bloomberg News
March 14, 2016