Oil prices climbed on Monday, supported by Saudi optimism about Asian demand and an Iraqi pledge to deepen supply cuts. SEE ALSO: 16 Ships Loaded With Food Items, Other Goods, Arrive Lagos Ports Although uncertainty ...
Saudi Arabia and Nigeria have reiterated their firm commitment to the Organisation of Petroleum Export Countries and its allies known as OPEC+ agreement. SEE ALSO: Vietnam’s phone export down 8.8% in 5 months The Minister ...
Saudi Arabia has deposited 250 million dollars into the central bank of Sudan to support its financial position, the Saudi Finance Ministry said in a statement on Tuesday. The deposit is part of a package ...
Saudi Arabia’s oil output may edge up in June, sources familiar with the kingdom’s policy said but the extra crude may be used for domestic power generation rather than providing the boost to exports that ...
Saudi Arabia will issue three billion to five billion dollars in new international sukuk or Islamic bonds around the third quarter as part of plans to diversify financing of the national budget deficit, a senior ...
Marriott International and Dur Hospitality today announced the opening of Riyadh Marriott Hotel Diplomatic Quarter and Marriott Executive Apartments Riyadh, Diplomatic Quarter. The complex is strategically located in the heart of one of the most sought-after ...
OPEC and its non-OPEC partners need to reconsider if there is a need for a meeting in April, the Saudi Energy Minister said on Monday, adding that there was no pressure from the United States ...
Saudi Aramco’s chief executive said on Tuesday the oil industry is facing “a crisis of perception” and the views of some observers that the end of oil is near with the rise of electric vehicles ...
State-owned Saudi Aramco plans to invest up to $1.6 billion for a nearly 20 per cent stake in South Korean refiner Hyundai Oilbank, expanding its foothold in one of its biggest Asian buyers of crude ...
The Saudi Arabian Government on Monday said it will spend 100 billion riyals (about $27 billion) in 2019 and 2020 as part of its industrial development programme. Aabed Abdullah al-Saadoun, the Saudi deputy Minister of ...
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