Doha deal

Saudi-Iran Tensions Scupper Deal to Freeze Oil Output

By Rania El Gamal and Reem Shamseddine DOHA, April 18 – A deal to freeze oil output by OPEC and non-OPEC producers fell apart on Sunday after Saudi Arabia demanded that Iran join in despite calls on Riyadh to save the agreement and help prop up crude prices. The development will revive oil industry fears

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Asian Shares Skid, Crude Tumbles After Doha Deal Fails

By Lisa Twaronite TOKYO, April 18 – Tumbling crude oil futures knocked Asian shares on Monday after producers’ weekend talks failed to agree a plan to curb the global supply glut, while Tokyo stocks slumped as investors assessed the impact of a devastating earthquake in southwestern Japan. Some 18 oil exporting nations had gathered in

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