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Oil on track for record monthly gain on optimistic outlook for demand recovery

Friday, 29 May 2020

Oil is on track for its biggest-ever monthly gain after the easing of coronavirus lockdowns lifted ......

Oil at highest since March as global coronavirus restrictions are eased

Thursday, 21 May 2020

Oil rose on Thursday to its highest since March, supported by lower US crude inventories, OPEC-led ......

Iran’s OPEC governor dies due to a brain hemorrhage after two weeks in a coma

Wednesday, 20 May 2020

Iran's OPEC Governor Hossein Kazempour Ardebili has died of a brain haemorrhage two weeks after ......

Oil heads for third weekly gain due to supply cuts, demand recovery

Wednesday, 20 May 2020

Oil is heading for a third weekly gain on signs the market is slowly rebalancing as major producers ......

Saudi Arabia, Russia committed to oil market stability: Energy ministers

Wednesday, 20 May 2020

Saudi Arabia and Russia are committed to maintaining oil market stability, according to a joint ......

Saudi Energy Minister: Oil demand picking up as countries ease coronavirus lockdowns

Wednesday, 20 May 2020

Saudi Arabia's deeper oil output cuts in June are designed to expedite draining a global supply glut ......

Coronavirus: Saudi Arabia’s $26 bln spending cuts scale back Vision 2030, triples VAT

Wednesday, 20 May 2020

Saudi Arabia announced on Monday new measures to mitigate the economic impact of the coronavirus, ......

Saudi Aramco reduces fuel prices in May 2020

Wednesday, 20 May 2020

Saudi Aramco announced on Sunday new reduced prices for fuel in the Kingdom amid lower oil prices ......

Texas oil regulators formally dismiss proposal for mandatory output cuts

Wednesday, 20 May 2020

Texas oil regulators on Tuesday formally dismissed the proposal for government-mandated production ......

Saudi banks have enough liquidity to support private sector amid coronavirus: Min

Wednesday, 20 May 2020

Saudi Arabia’s banks have sufficient liquidity to support the needs of the private sector amid the ......

Coronavirus, oil crash impact on Saudi Arabia’s economy to be felt from Q2: Minister

Wednesday, 20 May 2020

The impact of the coronavirus pandemic and collapsed oil prices on Saudi Arabia’s economy and ......

Full transcript of Al Arabiya’s interview with Saudi Arabia’s Finance Minister

Wednesday, 20 May 2020

Al Arabiya: Welcome dear viewers to our exclusive interview with Saudi Arabia's Finance Minister, ......

Moody’s downgrades Saudi Arabia’s outlook to ‘negative’ on crash in oil prices

Wednesday, 20 May 2020

Rating agency Moody’s cut Saudi Arabia’s outlook to “negative” from “stable” on Friday, citing the ......

Oil set for first weekly gain in a month as OPEC+ output cuts come into effect

Wednesday, 20 May 2020

Oil headed for its first weekly gain in a month as global production cuts began to take effect, ......

Desperate for cash and help, Venezuela hands nine tons of gold bars to Iran

Wednesday, 20 May 2020

Out of cash and desperate for help in propping up its oil industry, Venezuela is raiding its gold ......

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