Elon Musk said Saudi Arabia’s sovereign-wealth fund has approached him several times over nearly two years about providing financial support to take Tesla Inc. TSLA 0.26% private, as the chief Continue Reading
Saudi Arabia’s oil production is arguably the most important number in the industry, determining whether the market will be under- or over supplied. It is closely tracked by a host Continue Reading
OPEC reported on Monday that Saudi Arabia cut its oil production in July, a surprise move after Riyadh had pledged to ramp up output following the June meeting in Vienna. Continue Reading
Iran’s Supreme Leader on Monday rejected U.S. President Donald Trump’s offer of unconditional talks to improve bilateral ties and he also accused the Iranian government of economic mismanagement in the Continue Reading
Venezuela’s heavily subsidized domestic gasoline prices should rise to international levels to avoid billions of dollars in annual losses due to fuel smuggling, President Nicolas Maduro said in a televised Continue Reading
After soaring last year, U.S. crude oil exports to China have started to slow down because of trade concerns and price differentials, Morningstar found. Total U.S. crude oil exports to Continue Reading
China’s coal output fell 2 percent in July to its lowest in years as Beijing’s crackdown on polluting industries crimped mining in the world’s top consumer of the fuel, driving Continue Reading
China’s economy continued to show signs of cooling, with fixed-asset investment slowing to a nearly two-decade low for the first seven months of the year as trade tensions with the Continue Reading
Seoul — South Korean state-owned Korea Gas Corporation’s LNG sales rose 10.5% year on year in July, driven by strong demand for power generation, company officials said Tuesday. Receive daily Continue Reading
It was California’s biggest fire yet. In late July and August, wildfires devastated an area north of San Francisco far bigger than New York City, destroying more than 100 homes and injuring Continue Reading
