OPEC+ Considers Additional Production Cuts
OPEC+, a group of oil-producing countries such as Saudi Arabia, is reportedly considering additional production cuts to respond to falling ...
Tag: Saudi Arabia
Saudi Arabian Aramco Doubled Net Profit in 2021
Saudi Arabia's state-run oil company Aramco more than doubled its net profit from last year. It was affected by increased ...
Lockdown in Saudi Arabia Extends to 24 Hours
Saudi Arabia has imposed a 24-hour curfew in the Muslim holy cities of Mecca and Medina. The aim is to ...
Saudi Arabia-Russia Standoff due to the Oil Price War
Oil prices fell to the lowest in more than 17 years as demand plunged as a result of the pandemic ...
Saudi Arabia Locks Down as the Coronavirus Prevention
Saudi Arabia has imposed a temporary lockdown on its eastern Qatif area. It aims to prevent the spread of coronavirus ...
Saudi Arabia Shuts Mosque and Economy Sectors
Saudi Arabia will convene a virtual summit next week which will bring the members of the Group of 20 global ...
Saudi Arabia-Russia Dispute Made Oil Markets Go Crazy
Saudi Arabia-Russia standoff pertaining to oil production policies amid coronavirus outbreak has put oil markets in a harsh situation.
Due to Coronavirus, Saudi Ban Pilgrimages to Mecca
The coronavirus outbreak disrupted Islamic worship in the Middle East. Saudi Arabia on Wednesday finally prohibited its citizens and other ...
Rise and Fall of Recent Oil Trades; Attack on Iranian Oil Ship
Oil trades are fluctuating recently following the agreement of Trump's Phase One trade deal in the US-China trade war. While ...
Saudi Arabia Injects India with USD 100 Billion Worth of Investment
Saudi Arabia, the world's biggest oil exporter, is reportedly about to invest in India. Although the exact amount of investment ...
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