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Latest Articles in saudi arabia

Oil Prices Climb As Positive China Factory Data Eases Demand Concerns

Brent crude futures rose 9 cents to $62 a barrel by 0300 GMT while US West Texas Intermediate (WTI) crude futures rose 13 cents to $56.04 a barrel.

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Oil Slips As Focus Shifts From Saudi Supply To Global Demand Concerns

Brent crude futures fell 35 cents to $64.42 a barrel by 0408 GMT, while U.S. West Texas Intermediate (WTI) futures were at $58.36, down 28 cents.

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Saudi's Falih Calls On Buyers To Secure Oil Shipments In Hormuz

"We, of course, call on the international community and have discussions with my counterpart Minister Pradhan today that India also needs to do its part of securing free navigation of sea links transporting energy to the rest of the world," al-Falih told Reuters after meeting with India's Petroleum Minister Dharmendra Pradhan.

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Qatar To Withdraw From OPEC As Of January 2019: Minister

The announcement comes ahead of the meeting by OPEC and its allies including Russia on Dec. 6-7 to discuss cutting supply

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India Says Expects Significant Scaling Up Of Saudi Investments

"We expect that in the next 2 to 3 years there will be significant scaling up of Saudi investments in India"

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Oil Slips On Record Saudi Output; Markets Eye G20 And OPEC Meetings

Saudi Arabia raised oil production to an all-time high in November, an industry source said yesterday, pumping 11.1 million to 11.3 million barrels per day (bpd) during the month

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Saudi Arabia Oil Pumping At Record High As Trump Raises Pressure

Saudi Arabia agreed to raise supply steeply in June, in response to calls from consumers, including the United States and India, to help cool oil prices and address a supply shortage after Washington imposed sanctions on Iran

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Saudi Minister Calls For 1 Million BPD Global Oil Output Cut

Khalid A. Al-Falih, Minister of Energy, Industry and Mineral Resources of Saudi Arabia said Saudi Arabia will cut its production by 500,000 bpd as of next month to help stabilise the market

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Oil Prices Jump After Saudi Arabia Announces December Supply Cut

Saudi Arabia plans to reduce oil supply to world markets by 500,000 barrels per day (bpd) in December, its energy minister said yesterday, as the country faces uncertain prospects in getting other producers to agree to a coordinated output cut

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Saudi To Cut Oil Output As Producers Discuss Price Dip

Saudi Energy Minister Khalid al-Falih announced the kingdom was cutting its supplies by 500,000 barrels per day from December

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PM Warns Of High Oil Prices Hurting Global Economic Growth

India, the world's third-biggest oil consumer, has been over the past two months battered by high crude oil prices that have sent retail petrol, diesel and LPG rates to record high, posed inflationary risks and together with a sliding rupee threatened to upset its current account deficit

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Trump For Severe Punishment In Saudi Journo's Disappearance But Opposes Cancelling $110 Billion Arms Deal

Trump's remarks came amidst mounting pressure as reports suggest that Washington Post journalist Jamal Khashoggi was brutally killed by Saudi officials inside their consulate in Istanbul

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Iran 2nd Largest Oil Supplier To Oil PSUs In April-June: Pradhan

Indian PSUs, which last fiscal cut oil imports from Iran by a quarter, bought 5.67 million tonnes of crude oil from the Persian Gulf nation during April-June, higher than imports from Saudi Arabia. Imports from Iran were only second to Iraq

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Sinopec To Cut Saudi Crude Imports For May In Response To High OSPs

Asian oil traders have struggled to understand how Saudi Arabia derived its official selling prices (OSPs) for May after the world's top oil exporter unexpectedly raised the price for its flagship Arab Light crude sold to Asian refiners

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Testing The Waters

No, all’s not well on the West Asian front, notwithstanding the bonhomie apparent between PM Modi and Iranian President Hassan Rouhani

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