Saudi King Salman gives a speech following the death of King Abdullah in Riyadh January 23, 2015. Salman pledged on Friday to maintain existing energy and foreign policies then quickly moved to appoint younger men as his heirs, settling the succession for years to come by naming a deputy crown prince from his dynasty's next generation. King Abdullah died early on Friday after a short illness. By appointing his youngest half-brother Muqrin, 69, as Crown Prince and nephew Mohammed bin Nayef, 55, as Deputy Crown Prince, Salman has swiftly quelled speculation about internal palace rifts at a moment of great regional turmoil. REUTERS/Saudi Press Agency/Handout via Reuters (SAUDI ARABIA - Tags: POLITICS ROYALS PROFILE TPX IMAGES OF THE DAY) ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. NO SALES. NO ARCHIVES. FOR EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNS. THIS PICTURE IS DISTRIBUTED EXACTLY AS RECEIVED BY REUTERS, AS A SERVICE TO CLIENTS

The Russian and Saudi oil ministers met Tuesday in Doha to discuss the global supply glut that has sent prices plunging, a Qatari official said.
The oil ministers of Venezuela and Qatar also attended the talks, the official said.

News of the meeting between Saudi Arabia’s Ali al-Naimi and his Russian counterpart Alexander Novak pushed up oil prices on world markets, with European benchmark Brent crude rising above $34 a barrel.

Oil prices have tumbled about 70 percent since June 2014, hit by oversupply, sluggish demand and worries about the global economic outlook.

They have also been pressured by the return of Iran to world markets after the lifting of international sanctions linked to its nuclear programme.

The 13-nation OPEC oil cartel, of which Saudi Arabia, Venezuela, Qatar and Iran are members, has refrained from cutting output as it looks to maintain market share in the face of competition from US shale oil producers.

At around 0600 GMT on Tuesday, Brent crude for April delivery was trading $1.30, or 3.89 percent, higher at $34.69 a barrel.

US benchmark West Texas Intermediate for March delivery was up $1.30, or 4.42 percent, at $30.74.

AFP

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Mostafizur Rahman Shakil
Mostafizur Rahman Shakil
2016-02-17 06:34

Etodin pore saudi bandare tan porche !!!