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Iraq and Saudi Arabia agree to work together to stabilise oil markets

Reuters India Saturday, 10 November 2018 ()
Iraq and Saudi Arabia agreed on Saturday to work together to stabilise oil markets, Iraq's Oil Ministry spokesman Asim Jihad said, without giving further details.
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News video: Oil Slump Tumbles Into A Bear Market

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Saudi Arabia tried but failed to prevent crude oil from suffering the longest losing streak on record. CNN reports US oil prices jumped when Saudi Arabia signaled plans to cut production. But the rally faded, and crude eventually closed below $60 a barrel for the first time since February. Crude...

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