Bloomberg “Iran Says It Won’t Cut Oil Production as Talks Remain Deadlocked” Iran, OPEC’s third-largest oil producer, said it won’t cut output as members of the exporter group met in Vienna before a crucial summit on Wednesday. The country isn’t prepared to reduce supply, Oil Minister Bijan Namdar Zanganeh said in the Austrian capital. Saudi....
Bloomberg “Big Oil Gets a Huge Role in Trump’s Administration” All across the oil patch, they’re figuratively uncorking the champagne bottles as Tillerson and other well-placed leaders and friends are proposed for top jobs. Rick Perry, former governor of oil-rich Texas, has been picked to run the Energy Department, which he once famously threatened to....