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|U.S. oil state senators to talk crude markets with Saudi officials Saturday: source|
Added: 08.04.2020 1:58 | 12 views | 0 comments
Republican U.S. senators who have introduced a bill that would remove U.S. defense systems and troops in Saudi Arabia unless it cuts oil output will hold a call with the kingdom's officials on Saturday, a source familiar with the planning said on Tuesday.
|U.S. pushes back on call by OPEC+ to join big oil output cuts|
Added: 07.04.2020 22:35 | 23 views | 0 comments
Saudi Arabia, Russia and allied oil producers will agree to deep cuts to their crude output at talks this week only if the United States and several others join in with curbs to help prop up prices that have been hammered by the coronavirus crisis.
|Saudi Arabia says it could reach 200,000 coronavirus infections|
Added: 07.04.2020 17:16 | 6 views | 0 comments
The new coronavirus could eventually infect between 10,000 and 200,000 people in Saudi Arabia, the kingdom's health minister said on Tuesday, urging the public to adhere more closely to state directives against mixing and movement.
|Big OPEC+ oil output cuts depend on U.S., others joining: sources|
Added: 07.04.2020 14:24 | 24 views | 0 comments
Saudi Arabia, Russia and allied oil producers will only agree to deep cuts to their crude output at talks this week if the United States and several others join in with curbs to help prop up prices that have been hammered by the coronavirus crisis.
|Graphic: Oil majors cut 2020 spending by 22% after prices slump|
Added: 07.04.2020 12:48 | 24 views | 0 comments
The world's biggest oil and gas companies are cutting spending this year following a collapse in oil prices driven by a slump in demand because of the coronavirus crisis and a price war between top exporters Saudi Arabia and Russia.
|Saudi sovereign wealth fund takes Carnival Corporation stake|
Added: 07.04.2020 11:19 | 24 views | 0 comments
Carnival Corporation has seen a sharp rise in its share price following a decision by the Public Investment Fund of Saudi Arabia to take a significant stake in the company.
|OPEC+ likely to agree to cut production if U.S. joins effort: sources|
Added: 06.04.2020 22:10 | 24 views | 0 comments
Major oil producers including Saudi Arabia and Russia are likely to agree to cut production at a Thursday meeting but only if the United States joins the effort, aimed at coping with the disastrous effect of the coronavirus on fuel demand, three OPEC+ sources told Reuters on Monday.
|Stocks jump as virus deaths slow; oil falls after OPEC+ delay|
Added: 06.04.2020 20:56 | 3 views | 0 comments
World stock markets jumped on Monday, encouraged by a slowdown in coronavirus-related deaths and new cases in some global hot spots, oil prices tumbled again due to a delay in talks between Saudi Arabia and Russia to cut supply.
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