Jun. 07, 2017
Oil stocks drop as Doha deal falls apart
Talks between 18 oil exporting nations in the Qatari capital of Doha to stabilize oil prices fell apart due to conflict between Saudi Arabia and Iran. The Saudis insisted that Iran participate, however Iran has said it will not agree to reduce production levels until it reaches pre-sanction levels of output. German-based Commerzbank said in a statement, “Saudi Arabia intentionally Read more