Oil extended its retreat below $40 a barrel after Saudi Arabia cut pricing for October crude sales, as demand struggles to fully recover from the coronavirus outbreak.Futures in New York dropped 1.7% …
Oil Extends Drop After Saudi Price Cuts Underscore Demand Fall
Oil extended its retreat below $40 a barrel after Saudi Arabia cut pricing for October crude sales, as demand struggles to fully recover from the coronavirus outbreak.Futures in New York dropped 1.7% …
IAEA providing support for Saudi Arabia as it plans to adopt nuclear energy: Saudi TV
The International Atomic Energy Agency (IAEA) director general Rafael Grossi was quoted on Monday as saying that Saudi Arabia was preparing to adopt nuclear energy and the agency was providing support …
Saudi Arabia jails eight over Khashoggi murder
A Saudi Arabian court has jailed eight people for between seven and 20 years for the 2018 murder of Saudi journalist Jamal Khashoggi, state media reported Monday. The ruling came four months after the …
Saudi Arabia sentences eight people to prison in Khashoggi murder case
A Saudi Arabian court has issued a final ruling in the case of the 2018 killing of Saudi journalist Jamal Khashoggi, sentencing eight people to between seven and 20 years in prison, the kingdom’s …
Oil falls after Saudi cuts prices, China slows imports
Oil prices fell on Monday as Saudi Arabia made its deepest monthly price cuts to supply for Asia in five months and uncertainty over Chinese demand clouds the market’s recovery. “The mood has turned s …
Oil Price Fundamental Daily Forecast – Saudi’s Attempt to Stimulate Demand with Deep Price Cuts to Asia
The world’s top oil exporter Saudi Arabia cut the October official selling price for light crude it sells to Asia by the biggest margin since May.
Israel-UAE deal: Saudi Arabia’s King Salman presses Trump for a ‘fair’ Palestinian solution
King’s comments come days after the kingdom said it would permit flights between the UAE and Israel to use its airspace …
Trump Welcomes Opening of Saudi Airspace to Israel-UAE Flights
U.S. President Donald Trump told Saudi Arabia’s King Salman in a phone call that he welcomed the opening of Saudi airspace to flights between Israel and the United Arab Emirates and discussed ways to …
Oil skids after Saudi price cuts, demand optimism fades
Oil prices dropped more than 1% on Monday after earlier hitting their lowest since July as Saudi Arabia made the deepest monthly price cuts for supply to Asia in five months while optimism about …