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Latest Articles in saudi arabia

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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Saudi Arrests: How Much Will They Cost The Economy?

It was just two weeks ago that the grounds of the Ritz Carlton in Riyadh was used to reveal the country's ambitious new development plans to create a $500 billion mega-city that stretches into Jordan and Egypt.

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VLCC Wellness Centres to be launched in Kingdom of Saudi Arabia

Beauty is one of the fast growing industries in the Kingdom of Saudi Arabia, which accounts for 41.6 per cent of the MEA beauty market.

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Naqvi Announces The Unveiling Of A New Haj Policy This Month

The new Haj policy will help cut down travel expenses by nearly half as compared to airfares

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An Arab Tightrope For India

India now has the opportunity to play the honest broker along with the United States right across the Middle East

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Stop Funding Terror, Teaching Hate: Trump To Qatar

Amid a raging diplomatic face- off between Qatar and its neighbours, US President Donald Trump has accused Doha of "historically" being a funder of terrorism and asked the Gulf emirate along with other nations to stop "teaching hate"

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Iraq Replaces Saudi Arabia As Top Oil Supplier To India In April

Iraq replaced Saudi Arabia as top crude supplier to India in April as refiners moved to boost their processing margins by purchasing the cheaper Basra Heavy oil grade

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Oil Prices Jump After Data Shows Surprise US Stock Draw

If the draw is confirmed by government data on Wednesday, it would be the first drawdown after nine consecutive builds

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