Iran’s president said on Sunday “low-risk” economic activities would resume from April 11 in the Middle Eastern country worst-affected by the new coronavirus. Iran has been struggling to curb the Continue Reading
Saudi Arabia sharply criticized Russia on Saturday over what it described as Moscow blaming the kingdom for the collapse in global energy prices, showing the tensions ahead of an emergency Continue Reading
Saudi state oil giant Aramco and the UAE’s Abu Dhabi National Oil Co. will delay issuing their official selling prices for May crude exports until after the OPEC+ coalition holds Continue Reading
Thamer Ghadhban said all producers are responsible to stabilize oil markets Comments follow Trump criticism of OPEC and Saudi-Russia dispute Trump threatened to impose tariffs on oil imports Dubai — Continue Reading
Saudi Arabia is delaying the release of its closely-watched monthly oil-pricing list until later this week as the kingdom spars with Russia over a potential meeting of global producers that Continue Reading
Products on display at a market in Taef, Saudi Arabia. Saudi supply companies and chains have begun increasing their share of strategic reserves of consumer goods in preparation for the Continue Reading
The OPEC+ meeting to try to end the oil price war is unlikely to go ahead on Monday as previously expected, as Riyadh and Moscow trade barbs about who’s to Continue Reading
DUBAI, United Arab Emirates (AP) — Saudi Arabia sharply criticized Russia on Saturday over what it described as Moscow blaming the kingdom for the collapse in global energy prices, showing Continue Reading
Highlights Rise of almost 500,000 b/d in two months Mar output was close to 2.9 mil b/d says KPC chairman Exports from the offshore Al-Khafji field begin London — OPEC Continue Reading
For many countries, the ongoing oil price depression has brought about a new era of impending economic implosion. Yet no one seems to suffer as much as Iraq nowadays – Continue Reading
