|
Business
-
Economy
6/5/2023 12:50:35 PM
Markets built on a global rally Monday after a mixed US jobs report lifted hopes the Federal Reserve will skip an interest rate hike this month, while oil extended gains after Saudi Arabia slashed output.
|
|
World
-
Region
6/5/2023 12:37:15 PM
Saudi Arabia has welcomed Venezuelan President Nicolas Maduro on an official visit, reaching out to yet another U.S. foe as the oil-rich kingdom engages in a flurry of diplomacy.
|
|
Business
-
Energy
6/4/2023 8:21:44 PM
Riyadh on Sunday announced it would slash output further by one million barrels per day in a bid to prop up prices, despite fears of a recession.
|
|
Egypt
-
Urban & Transport
6/4/2023 2:26:00 PM
Traffic in the Suez Canal has returned to normal after tugboats managed to tow away the Malta-flagged SEAVIGOUR oil tanker that broke down in the canal on Sunday, disrupting traffic in one of the busiest maritime trade routes.
|
|
Business
-
Energy
6/4/2023 9:27:46 AM
There are growing signs that major oil producers led by Saudi Arabia and Russia are considering slashing production further when they meet on Sunday in a bid to prop up prices.
|
|
World
-
Region
6/2/2023 1:32:02 PM
Signs of discord between top crude oil producers Saudi Arabia and Russia are set to overshadow an OPEC+ output policy meeting on Sunday that will test their alliance.
|
|
Business
-
Economy
6/1/2023 10:31:33 PM
Benchmark U.S. crude oil for July delivery rose $2.01 to $70.10 a barrel Thursday. Brent crude for August delivery rose $1.68 to $74.28 a barrel.
|
|
Sports
-
World
6/1/2023 2:25:01 PM
Cristiano Ronaldo's first season in Saudi Arabia ended with a whimper, but with hundreds of millions in wages and unprecedented attention on Saudi football he may not be the last megastar to grace the oil-rich kingdom.
|
|
Business
-
Economy
5/31/2023 10:47:35 PM
Benchmark U.S. crude oil for July delivery fell $1.37 to $68.09 a barrel Wednesday
|
|
Business
-
Region
5/31/2023 6:18:16 PM
Oman plans to launch a $5 billion public investment fund to support plans to overhaul the economy in the Arab Gulf nation over the next two decades
|
|
World
-
Region
5/31/2023 2:18:51 PM
The United Arab Emirates has withdrawn from a US-led maritime coalition tasked with securing tense Gulf waterways that are vital to the global oil trade, it said Wednesday.
|
|
Business
-
Energy
5/30/2023 6:19:01 PM
Minister of Petroleum and Mineral Resources Tarek El-Molla has inaugurated the expansions of the North Geisum Oil Field at the PetroGulf Misr Concession in the Eastern Desert, according to a cabinet statement on Tuesday.
|
|
Business
-
Region
5/28/2023 10:06:23 AM
Oil-dependent Iraq has been warned its economy risks going into "intensive care" unless it diversifies in line with worldwide efforts to tackle the impact of fossil fuels on the climate.
|
|
World
-
Region
5/27/2023 8:37:01 PM
Iraqi Kurdish leaders on Saturday denounced amendments over oil in the draft federal budget, delaying a parliamentary vote more than two months after legislators received the budget plan.
|
|
Business
-
Economy
5/25/2023 10:46:53 PM
Benchmark U.S. crude oil for July delivery fell $2.51 to $71.83 a barrel Thursday. Brent crude for July delivery fell $2.10 to $76.26 a barrel.
|
|
Business
-
Energy
5/25/2023 10:56:42 AM
Investment in solar power is expected to overtake oil for the first time this year as clean energy spending outpaces that for fossil fuels, the IEA said in a report Thursday.
|
|
Business
-
Markets & Companies
5/24/2023 11:23:23 PM
Benchmark US crude oil for July delivery rose $1.43 to $74.34 a barrel Wednesday. Brent crude for July delivery rose $1.52 to $78.36 a barrel.
|
|
World
-
Region
5/24/2023 10:30:11 PM
Saudi Arabia and Canada will restore full diplomatic relations, the kingdom said Wednesday, following a 2018 dispute over human rights that saw Riyadh expel Ottawa's ambassador and freeze new trade.
|
|
Business
-
Markets & Companies
5/23/2023 10:45:46 PM
Benchmark US crude oil for July delivery rose 86 cents to $72.91 a barrel Tuesday. Brent crude for July delivery rose 85 cents to $76.84 a barrel.
|
|
World
-
International
5/23/2023 9:28:14 PM
Six security personnel were killed in an overnight siege by dozens of Pakistan Taliban militants on a Hungarian-owned oil and gas exploration site, police and the energy firm said Tuesday.
|