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Business
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Economy
1/4/2021 12:33:35 PM
Seoul rallied 2.5 percent following strong export data, while Sydney put on more than one percent as there were signs a spike in new infections in the city was being brought under control
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World
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Region
1/4/2021 11:41:58 AM
After their last videoconference summit, held from November 30 to December 3, the OPEC+ members agreed to raise production levels by half a million barrels per day in January
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World
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Region
12/19/2020 10:24:43 PM
Saudi Oil Minister Prince Abdulaziz bin Salman said the OPEC+ cooperation charter had brought the group together, producing "good results"
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World
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Region
12/14/2020 2:33:08 PM
A priority of the new gov’t will be to boost state coffers badly hit by the coronavirus crisis and low oil prices, including by trying to end legislative deadlock over a bill that would allow Kuwait to tap int’l debt markets
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World
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Region
12/8/2020 11:24:49 AM
Kuwait's Emir Sheikh Nawaf al-Ahmad al-Sabah reappointed Sheikh Sabah al-Khalid al-Sabah as prime minister on Tuesday
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World
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International
12/3/2020 3:24:44 PM
The group of OPEC and allies had been widely expected to roll over existing oil cuts of 7.7 million barrels per day, or 8 percent of global supplies, at least until March 2021
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World
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Region
10/21/2020 2:16:21 PM
'Today we are looking to unify the budget so that the spending channel becomes one channel' between the two sides, said Ahmed Maiteeg
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World
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Region
10/19/2020 8:25:02 PM
Saudi Arabia said no-one should doubt OPEC's commitment to propping up volatile markets, as it held talks with the world's other leading oil exporter Russia
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World
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Region
10/17/2020 5:37:59 PM
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World
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Region
10/12/2020 7:32:20 PM
The new tax, announced in a royal decree by leader Sultan Haitham bin Tariq, begins after 180 days in April 2021, state television said
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World
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Region
9/22/2020 1:45:55 PM
Libya produced around 1.2 million bpd over 1% of global production before the blockade, which slashed the OPEC member's output to around 100,000 bpd
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World
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Region
9/14/2020 5:21:08 PM
Iran's OPEC governor Amir Hossein Zamaninia said that all OPEC members should denounce use of oil as a political tool for imposition of sanctions and pressures on producing countries
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World
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Region
9/2/2020 9:55:54 AM
Oil Minister Abdul Jabbar has spoken about the exemption to OPEC oil ministers in three separate meetings
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World
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International
7/16/2020 1:28:16 PM
The Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, have been cutting output since May by 9.7 million barrels per day
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World
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Region
7/2/2020 6:29:07 PM
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Business
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Energy
6/6/2020 7:19:14 PM
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Business
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Markets & Companies
6/5/2020 3:15:40 PM
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Business
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Economy
5/31/2020 8:51:26 PM
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World
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Region
5/11/2020 5:09:24 PM
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Business
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Economy
4/26/2020 3:36:19 PM
‘Returning to normal life is a must for the economy, business, and for citizens. The COVID-19 outbreak has driven the oil market to its worst state,’ according to Medhat Yosef
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