oil

Oil giant Saudi Aramco sees 2020 profits drop to $49 billion
Middle East

Oil giant Saudi Aramco sees 2020 profits drop to $49 billion

DUBAI, United Arab Emirates (AP) — Saudi Arabia’s state-backed oil giant Aramco announced Sunday that its profits nearly halved in…
Exclusive: India readies Saudi oil import cut as stand-off escalates – sources
Middle East

Exclusive: India readies Saudi oil import cut as stand-off escalates – sources

NEW DELHI (Reuters) – Indian state refiners are planning to cut oil imports from Saudi Arabia by about a quarter…
Oil prices fall as Saudi supply risks abate, stronger dollar
Middle East

Oil prices fall as Saudi supply risks abate, stronger dollar

SINGAPORE (Reuters) – Oil prices fell on Tuesday, reversing earlier gains, on receding fears of a supply disruption in Saudi…
‘I’ll believe it when I see it’ – Saudi Arabia doubts oil recovery and keeps taps tight
Middle East

‘I’ll believe it when I see it’ – Saudi Arabia doubts oil recovery and keeps taps tight

LONDON (Reuters) – This week’s surprise decision by Saudi Arabia and other top oil producers to broadly stick with output…
OPEC cartel, allies face decision on increasing oil output
Middle East

OPEC cartel, allies face decision on increasing oil output

FRANKFURT, Germany (AP) — Members of oil producer cartel OPEC and allied countries are weighing an increase in production now…
Yemen’s Houthi rebels claim missile hits Saudi oil facility
Middle East

Yemen’s Houthi rebels claim missile hits Saudi oil facility

DUBAI, United Arab Emirates (AP) — Yemen’s Houthi rebels said they attacked a Saudi oil facility in the port city…
Aramco seeks one-year extension on $10 billion loan: sources
Middle East

Aramco seeks one-year extension on $10 billion loan: sources

DUBAI (Reuters) – Saudi Aramco has asked banks to extend by a year a $10 billion loan it raised last…
In oil-rich Iraq, a few women buck norms, take rig site jobs
Middle East

In oil-rich Iraq, a few women buck norms, take rig site jobs

BASRA, Iraq (AP) — It’s nearly dawn and Zainab Amjad has been up all night working on an oil rig…
Obituary: Yamani, the Saudi oil minister who brought the West to its knees
Middle East

Obituary: Yamani, the Saudi oil minister who brought the West to its knees

DUBAI (Reuters) – Saudi Arabia’s Sheikh Zaki Yamani, the embodiment of the ascent of Arab petroleum power and the face…
Back to top button