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Published time: 6 Oct, 2017 23:57 Russia and Saudi Arabia have each earned $ 40 billion from the 2016 deal between OPEC and non-OPEC countries to cut oil output, said Kirill Dmitriev, CEO of the Russian Direct Investment Fund. International efforts to stabilize oil prices “have been fruitful, bringing oil prices to above $ 55 […]
Published time: 15 Sep, 2017 09:42 Qatar has spent over 11 percent of its reserves in just three months after its Gulf neighbors led by Saudi Arabia imposed a blocked over Qatar’s alleged support of terrorism, Moody’s reports. According to the report, Doha used $ 38.5 billion, or 23 percent of GDP, to prop up […]
