oil deal

‘Axis of Love’: Saudi-Russia Detente Heralds New Oil Order

By Dmitry Zhdannikov and Vladimir Soldatkin MOSCOW, June 1  – A meeting between the two men who run Russia and Saudi Arabia’s oil empires spoke volumes about the new relationship between the energy superpowers. It was the first time that Rosneft boss Igor Sechin and Saudi Aramco chief Amin Nasser had held a formal, scheduled

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As Cracks Emerge in Global Oil Pact, Saudis May Need to Compromise

As cracks emerge in global oil pact, Saudis may need to compromise By Rania El Gamal/Reuters Tough negotiations await a group of OPEC experts as they meet their counterparts from other oil producers such as Russia, on October 28-29 to hammer out details of an output-capping agreement, with disagreements threatening to scupper the deal. OPEC

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