Oil gains after Saudi Arabia, Russia agree to extend pact
By Bloomberg
03 December 2018 |
1:55 pm
Oil is surging on the back of Saudi Arabia and Russia extending their deal to manage the market into next year.
In this article
Related
17 Jun 2022
In an online video, a train is seen transporting tanks. Claims on social media have suggested that these images show Finland sending military equipment towards the Russian border. The video was seen by some as a sign of imminent conflict and an escalation of the war in Ukraine. FRANCE 24's Georgina Robertson and Sophie Samaille take a look at the video in more detail.
19 Jun 2022
Would Beijing back away from its strategic partnership with Moscow if the war in Ukraine goes nuclear?
19 Jun 2022
Secretary General Jens Stoltenberg says NATO members must do more to help Ukraine. Meanwhile, President Zelenskyy says the outcome of fighting in the Donbas will indicate the course of the war. DW has the latest.
17 Jun 2022
Joe Biden is set to travel to Israel on July 13 before heading to the occupied West Bank and Saudi Arabia. The trip's announcement comes despite pledges to side-line the "pariah" Saudi state.
18 Jun 2022
In Russia, critics of the war in Ukraine are increasingly being reported to the police. DW spoke with Russians who have been betrayed by their own relatives, friends, colleagues and neighbors.
18 Jun 2022
The move is the latest attempt by the Saudi government to censor what it sees as LGBTQ references in the conservative country. State-run Al-Ekhbariya television said rainbow-colored materials send a "poisoned message."
21 Jun 2022
Ukraine's heavyweight world champion Oleksandr Usyk to face Briton Anthony Joshua in Jeddah, Saudi Arabia on Aug. 20 in a rematch of their London bout last year.
23 Jun 2022
A viral video on Facebook, claims that Russia transported seven trucks worth of Iskander nuclear missiles to its border with Finland, in response to Finland's NATO bid. We tell you more in this edition of Truth or Fake.
23 Jun 2022
The leaders of Saudi Arabia and Turkey are turning the page on years of strained relations, exacerbated by the 2018 assassination of Saudi journalist Jamal Khashoggi at the kingdom's consulate in Istanbul. Face-to-face dialogue is the order of the day between Crown Prince Mohammed bin Salman and President Recep Tayyip Erdogan.
22 Jun 2022
Russia and Lithuania have become embroiled in a row after the EU state barred transport of some Kaliningrad-bound goods through its territory. But where is Kaliningrad, why is it part of Russia and what makes it so key?
24 Jun 2022
President Vladimir Putin has slammed the West as Russia is hit by sanctions. He called on emerging economies to cooperate with Russia as the Kremlin seeks to reroute trade.
26 Jun 2022
Since Russia invaded Ukraine four months ago, the cost of living crisis has become a global issue. Prices have gone up around the world. In Europe, the countries that use the euro saw an average of 8.1 percent inflation in May. Pressure on prices, combined with stuttering economic growth, has sparked fears of a recession. These concerns could still come into play regarding the EU's response to the Russian invasion of Ukraine. In this programme, we're joined by two MEPs to discuss how the EU should balance sanctions against Russia with the risk of recession.
Latest
51 mins ago
Howitzers without GPS, rocket launchers restricted to short-range: The US is sending Ukraine weapons with critical limitations. Observers say US officials are trying to avoid a confrontation with Russia.
52 mins ago
We look at reactions in the international papers as France's pensions reform protests turn violent and chaotic. Elsewhere, India continues its search for the leader of a Sikh separatist movement who has been on the run for nearly a week and whose supporters defaced the Indian embassy in London this week. Finally, we end with a stunning photo from the animal kingdom!
53 mins ago
The S&P Global PMI output index said the growth was a sign the economy is reviving. The index added that the overall growth is still at a modest rate, with manufacturing taking a big hit still.
1 hour ago
According to TMZ and 'The Hollywood Reporter,' Beyoncé and Adidas are cutting ties. Their partnership began in 2019 when Beyoncé relaunched Ivy Park. At the time, Queen Bey called the arrangement "the partnership of a lifetime". "Adidas has had tremendous success in pushing creative boundaries.
3 hours ago
Myanmar's largest city has been cut off from the world for almost four years. DW spoke with Yangon residents about what life is like under a military regime.
3 hours ago
At 87 years old, Iwao Hakamada is on the verge of finding true freedom, more than 50 years after being sentenced to death for murders he says he did not commit. Tokyo's high court ordered a retrial this month, acknowledging that key evidence that led to his conviction had likely been fabricated by investigators.