The drop in oil prices is just a 'ploy' as speculators pretend demand is weak, Saudi Arabia energy minister says

Tech Insider
Prince Abdulaziz bin Salman
Saudi Arabian Energy Minister Prince Abdulaziz bin Salman.

REUTERS/Satish Kumar

Russia's oil exports are climbing near 4-month highs despite big production cuts

Tech Insider
Russia arctic oil rig
Russia previously promised to trim oil production by 300,000 barrels a day through the end of the year, part of its efforts with Saudi Arabia to boost oil prices.

(Photo by Dmitry Korotayev/Kommersant Photo via Getty Images)

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