Global Oil Market
- Middle East
Saudi Arabia, China stress on importance of stable global oil markets
Riyadh: In a joint statement on Friday, Saudi Arabia and China stressed the importance of stabilizing global oil markets and the role that Saudi Arabia plays in it, the Saudi Press Agency…
- Middle East
Saudi Arabia, China discuss stability of global oil market
The Saudi Arabia Energy Minister Prince Abdulaziz bin Salman bin Abdulaziz and National Energy of the People’s Republic of China, Zhang Jianhua on Friday affirmed their readiness to cooperate in maintaining the…
- Middle East
Saudi: ‘Working to stabilize and balance oil markets,’ says King Salman
Riyadh: Saudi Arabia’s King Salman bin Abdulaziz on Sunday said that his country is working hard to support the stability and balance of global oil markets, in the latest response to US…
- World
OPEC announces big cut in oil production
London: OPEC+ said on Wednesday that it will slash oil production by 2 million barrels per day, the biggest cut since the start of the Covid-19 pandemic, media reports said. The group…