by Wael Mahdi | Oct 6, 2017 | Business
Kuwait- Russia and Saudi Arabia’s remarks Thursday have revived oil markets and hopes of another year of trying to rebalance the oil market after the Kingdom showed its support for the Russian proposal to extend the current global agreement between oil-producers until...
by Asharq Al-Awsat | Jun 4, 2017 | Business
St. Petersburg – Saudi Aramco will globally invest in the production of gas and liquefied natural gas (LNG), according to Saudi Minister of Energy, Industry and Mineral Resources Khalid al-Falih. Speaking at the 21st St. Petersburg International Economic Forum (SPIEF)...
by Sabri Najeh | Apr 13, 2017 | Business
Cairo – After the success achieved by the Organization of the Petroleum Exporting Countries (OPEC) in cutting down oil output, Saudi Arabia told OPEC officials it wants to continue output cuts for an additional six months – however with every oil agreement,...
by Asharq Al-Awsat | Feb 17, 2017 | Business
London- Oil prices ended modestly higher on Thursday after sources said the Organization of the Petroleum Exporting Countries (OPEC) may consider extending its oil supply-reduction pact with non-members and might even apply deeper cuts if global crude inventories...
by Asharq Al-Awsat | Oct 23, 2016 | Business
Riyadh- Saudi Capital, Riyadh, is hosting on Sunday a GCC-Russian energy meeting to discuss latest developments in the oil market and tackle prospects of cooperation between Arab Gulf states and Russia in fields of energy. Minister of Energy, Industry and Mineral...
