Khaled al Otaiby, an official of the Saudi oil company Aramco, watches progress at a rig at the al-Howta oil field near Howta, Saudi Arabia, in this Feb. 26, 1997, photo. Oil prices rose to nearly $42 a barrel Monday, after a Saudi proposal that the Organization of Petroleum Exporting Countries raise its output target by 6 percent.

Read story

Comments

Use the comment form below to begin a discussion about this content.

Commenting has been disabled for this item.