MIDDLE EAST-NORTH AFRICA

Sea monster looms as OPEC continues charade

WHILE analysts worry big offshore projects sanctioned pre-oil price crash and set to hit the market next year could push the recovery out to the 2020s, OPEC's new president is playing his own games that a sceptic could say conveniently justifies Saudi Arabia's stubborn unwillingness to act to support the oil price.

Sea monster looms as OPEC continues charade

With the American Petroleum Institute's weekly US crude inventory reporting the biggest oil build in three months on Tuesday of 2.09 million barrels, which was expected to weigh on the oil price, OPEC...

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