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OPEC Extends Its Oil Output Cuts by One Month
OPEC extends its oil output cuts by one month until the end of December
Saudi Arabia and allied oil producing countries say they will postpone a plan to gradually increase oil output until the end of the year
OPEC extends oil output cuts through the end of December
Saudi
Arabia
and allied oil producing countries said on Sunday they would postpone a plan to gradually increase oil output until the end of the year, extending their output cuts by one month. No reason was given for the move, which comes ahead of the U.S ...
Aramco Cuts Oil Prices to Asia for December After OPEC+ Delay
Saudi Arabia lowered oil prices for buyers in Asia for December after members of the OPEC+ producers group said they will push back production increases by one month.
The National on MSN
21h
Saudi Arabia's non-oil business activity hits strongest level in six months
Business activity in the non-oil private sectors of the UAE and Saudi Arabia continued to strengthen in October, with the ...
2d
With Oil Prices Weak, OPEC Plus Postpones Increases Again
Saudi Arabia, which leads the group, appears wary of unsettling markets just before the U.S. presidential election on Tuesday ...
1d
Saudi Aramco Q3 profit drops 15.4% amid lower oil prices
Saudi Aramco’s Q3 profit fell 15.4% to $27.6 billion due to lower oil prices, yet it maintained a $31.1 billion dividend, ...
22h
on MSN
Saudi Aramco Profit Falls on Refining Weakness
The oil company said lower oil prices and refining margins pushed down profit, adding it plans to pay dividends of $31.05 ...
Business Recorder
5h
Saudi Arabia cuts December light crude prices for Asia
Top oil exporter Saudi Arabia has cut the price for the flagship Arab light crude it sells to Asia in December by ...
FXEmpire.com
6d
OPEC+ announces surprise oil cuts; U.S. calls move inadvisable
“The step is unreservedly bullish.” Top
OPEC
producer
Saudi
Arabia
said it would cut output by 500,000 bpd. The
Saudi
energy ministry said the kingdom’s voluntary reduction was a ...
1d
Saudi Aramco reports 15% drop in Q3 profit but maintains dividend
Saudi oil giant Aramco on Tuesday reported a 15.4% drop in third-quarter profit due to lower crude prices and weaker refining ...
Crude Oil Prices
1d
Aramco and ADNOC Look To Seize More Market Share in Asia
Saudi oil giant Aramco and Abu Dhabi’s ADNOC plan to expand their downstream businesses, especially in Asia, to lock in ...
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