agreement Archives - International Finance

Iran says reversal of nuclear deal not possible

International Finance DeskNovember 11, 2016

by International Finance DeskNovember 11, 2016

Other Arab leaders welcome Donald Trump’s victory IFM Correspondent November 11, 2016: Iran’s President Hassan Rouhani said that US president-elect Trump will not be able to reverse the nuclear deal. He said there is ‘no possibility’ of the nuclear deal being annulled. “The US no longer has the capacity to create Iranophobia and to create...

Oil price down cycle ‘nearing end’: Saudi minister

International Finance DeskOctober 26, 2016

by International Finance DeskOctober 26, 2016

“Market fundamentals, in terms of supply and demand, have begun to improve” IFM Correspondent October 26, 2016: Speaking at the World Energy Congress in Istanbul, Turkey, Saudi Arabia’s Energy Minister Khalid al-Falih said that as market fundamentals improve, the current down cycle of crude prices is close to an end. Oil prices are currently hovering...

Saudi, Russia to work together on oil prices

International Finance DeskSeptember 5, 2016

by International Finance DeskSeptember 5, 2016

Price of oil jumps 5% September 6, 2016: The price of oil jumped by 5% after Russia and Saudi Arabia discussed ways to stabilise oil prices on the sidelines of the G20 summit in China. Both countries said they will not act immediately but could limit output in the future. The joint statement was signed...