Friday, 19th April 2024
To guardian.ng
Search

Russia, Saudi fail to agree on oil freeze

By Bloomberg
06 September 2016   |   10:11 am
Jahangir discusses the meeting between Russia and Saudi Arabia that failed to come to an agreement about a production freeze, the potential for a freeze agreement and the outlook for Saudi stocks.

0 Comments

Your email address will not be published. Required fields are marked *

Related

13 Apr
Nigeria’s Minister of Finance, Wale Edun says 4.83 trillion naira from T-Bills and Bonds issued in the first quarter of this year was used to pay part of the Ways and Means advances from the Central Bank of Nigeria. Sam Chidoka, CEO of Kairos Capital joins CNBC Africa for more on this discussion and Nigeria's debt management strategy.
3 days ago
A year after Lula came to power, his gamble has paid off: deforestation has been halved in the Amazon. But this success comes at the cost of sacrificing another ecosystem that's just as vital to Brazil: the Cerrado.
2 days ago
Hundreds of thousands of people have been evacuated in Russia and Kazakhstan as the worst flooding in decades continues. In Orenburg, floodwaters rose higher than official expectations.
3 days ago
Some top Nigerian banks are eyeing the international and local capital markets to raise fresh capital in a bid to meet the recapitalisation exercise by the Central Bank of Nigeria. Egie Akpata, Chairman of Skymark Partners joins CNBC Africa to examine options available to banks.
1 day ago
According to the International Monetary Fund (IMF), a 10% rise in the dollar on the currency market would push down real gross domestic product (GDP) in emerging economies by 1.9% after one year, with adverse economic effects lasting more than two years
1 day ago
Russian peacekeepers will withdraw from Azerbaijan's Nagorgno-Karabakh region, the Kremlin said on Wednesday. Kremlin spokesman Dmitry Peskov confirmed the move, responding to a question about reports in the Azerbaijani media about the withdrawal. "Yes, it really is the case," Peskov told reporters.