Production Cuts Aim to Boost Prices, but Global Uncertainty Impedes Crude Oil's Recove
Emerging Markets to Offset Recession Risk, but Malaysian State Oil Firm Reports Slowdown in Demand and Growing Refinery Capacity Pressures Market
The oil market faces a potential massive shortfall as Saudi Arabia's surprise decision to deepen output cuts overrides concerns over Chinese export data and growing US...
Apple loses its top position as number one in the wake of a broad sell-off in technology stocks
Even before the pandemic, the oil and gas industry was faced with slumping prices. However, with a record collapse in oil demand amid the lockdowns, the...
Brent Crude Oil Rises to $71.34 Following Missile Attack on Saudi Largest Oil Facilities Brent crude, against which Nigerian oil is priced, jumped to $71.34 a...
Loud Blast Heard in Dhahran, Saudi Arabia’s Largest Crude Oil Production Site Two residents from the eastern city of Dhahran, Saudi Arabia, on Sunday said they...
Crude Oil Jumps to 11 Months High On Thursday as Saudi Arabia Announces Big Cut Global oil prices extended their bullish runs on Thursday morning after...
Saudi Arabia Cuts Expenditure by $133bn In a bid to contain the effect of coronavirus pandemic on the Kingdom of Saudi Arabia, the world’s largest exporter...
Saudi Arabia Exports More Oil to China in October Saudi Arabia exported more crude oil to China in the month of October, data from China’s General...