Simon Watkins News Today : Breaking News, Live Updates & Top Stories | Vimarsana

We start in the austrian capital, vienna, where a deal is being been done that will affect how much we pay for fuel next year. 0il ministers from the organization of Petroleum Exporting countries or opec for short and their allies, including russia, have been meeting to try and prop up the price of crude. Lets show you why. Back in 2017, they agreed to cut oil supplies to boost flagging prices. As you can see, until the end of last year it was working very well. But as prices rose, it encouraged Shale Oil Producers in the us to invest heavily, meaning american production is now at a record hig...

The UAE has a uniquely close relationship with India in the field of energy, and this mutual commitment on energy cooperation may ultimately benefit the U.S.

The competition between the U.S. and its allies and China and its partners for upcoming long-term LNG contracts from Qatar will be intense.

For China, the location of the Mansuriya gas field fits perfectly into the vast network of oil and gas sites in Iraq.

President Raisi's unexpected death raises hopes that Iran's policy towards the West may soften, but the true extent will depend on the outcome of the upcoming snap election.