MUSCAT | OMAN – The Custodian of the Two Holy Mosques King Salman Bin Abdulaziz Al Saud arrived today in Sultanate of Oman to extend condolences on the death of Sultan Qaboos bin Said.
At Muscat International Airport, King Salman was received by Sayyid Shihab Bin Tariq Al Said, Advisor to the Sultan of Oman; Sayyid Badr bin Harib Al-Busaidi, Minister Responsible For Defense In Oman and a number of officials.
- BUSINESS NEWS | Russia Releases First Cargo Of Wheat To Saudi Arabia – SourcesRIYADH | SAUDI ARABIA – A symbolic 60,000 tonne cargo of Russian wheat has set sail for Saudi Arabia from a Black Sea port seven months after conditions were set to allow the trade, three sources told Reuters on Thursday. The cargo is being sent by trading house under a tender with operation origin it … Continue reading BREAKING NEWS | Custodian of The Two Holy Mosques Arrives in Sultanate of Oman To Extend Condolences on Death of Sultan Qabos bin Said Read more
- BREAKING NEWS | Saudi – Led Coalition To Announce Yemen Ceasefire At Midnight: sourcesRIYADH | SAUDI ARABIA – The Saudi – led coalition fighting Yemen’s Iran – aligned Houthi movement will announce at midnight on Wednesday it is halting military operations nationwide to support a U.N. ceasefire initiative, three sources familiar with the matter told Reuters. The suspension in fighting, expected to go into effect on Thursday, was … Continue reading BREAKING NEWS | Custodian of The Two Holy Mosques Arrives in Sultanate of Oman To Extend Condolences on Death of Sultan Qabos bin Said Read more
- BREAKING NEWS | Saudi – Led Coalition To Begin Yemen Ceasefire on Thursday: Saudi OfficialsRIYADH | SAUDI ARABIA – The Saudi-led coalition fighting the Houthi movement in Yemen will begin a two-week ceasefire on Thursday, senior Saudi officials said on Wednesday. The ceasefire will start at noon Saudi Arabia time on Thursday, they said. The officials, briefing reporters by telephone, said the ceasefire was aimed at giving the Iran … Continue reading BREAKING NEWS | Custodian of The Two Holy Mosques Arrives in Sultanate of Oman To Extend Condolences on Death of Sultan Qabos bin Said Read more
BUCHAREST | ROMANIA – U.S. President Donald Trump said on Thursday he had a good conversation with Russian President Vladimir Putin and Saudi Arabia’s King Salman and expected that OPEC and other countries would be announcing a deal soon. ‘We had a big talks as the oil production and OPEC and making it so that … Continue reading BREAKING NEWS | Trump Says Had Good Call With Russia’s Putin, Saudi King On Oil
BUCHAREST | ROMANIA – OPEC and allied oil producers, a group known as OPEC+, agreed on Thursday to cut output by 10 million barrels per day (bpd) in May and June to help prop up prices battered the coronavirus crisis, the group said in a statement. It said the cuts would be eased between July … Continue reading BREAKING NEWS | OPEC+ Confirms Agreement On Cuts Of 10 Million Bpd In May, June
RIYADH | SAUDI ARABIA – Saudi Arabia announced 355 new cases of coronavirus on Thursday bringing the total number of cases in the Kingdom to 3,287. The new cases refer to those that have been reported during the last 24 hours. Of the new cases, 89 were recorded in Madinah, 83 in Riyadh, 78 in … Continue reading BREAKING NEWS | Saudi Arabia Announces 355 New Cases Of Coronavirus
BUCHAREST | ROMANIA – The United States welcomed on Thursday reports that OPEC and its allies agreed in principal to reduce oil production by 10 million barrels per day (bpd), a senior Trump administration official said on Thursday. ‘These commitments would send an important signal that all major oil producing states will respond in an … Continue reading BUSINESS | Trump Administration Official Says U.S. Welcomes Reports Of OPEC+ Oil Cut Deal
RIYADH | SAUDI ARABIA – United Arab Emirates decided on Thursday to extend the closure of mosques and places of worship until further notice, state news agency. The statement added this decision comes as part of the precautionary measures across UAE to stop the spread of the new coronavirus.
BUCHAREST | ROMANIA – Russia and Saudi Arabia have overcome difference that had presented potential hurdles to a plan for major oil output cuts aimed at shoring up crude prices hammered by the coronavirus crisis, the head Russia’s wealth fund said on Thursday. Krill Dmitries, who is also one of Moscow’s top oil negotiators, told … Continue reading BUSINES NEWS | Russia, Saudi Arabia Overcome Difference Holding Up Big Oil Cut Deal: Dimitriev
BUCHAREST | ROMANIA – Russian Energy Minister Alexander Novak said on Thursday that all the leading global oil producers should join their efforts to tackle telling oil demand. Speaking at the start of the online conference of the OPEC+ group, Novak also said global economic activity had declined, while oil demand fell by 10-15 million … Continue reading BUSINES NEWS | Russia’s Novak Calls On All Oil Producers To Join Efforts
LONDON – OPEC and its allies, a group known as OPEC+, are discussing plans to cut oil production for at least two years with reductions implemented gradually, two OPEC+ sources said on Thursday. The group has previously said it wanted the United States, one the top three oil producers alongside Russia and Saudi Arabia, to … Continue reading BUSINES NEWS | OPEC+ Works On Two-Year Oil Cut Deal, Implemented Gradually: Sources
RIYADH | SAUDI ARABIA – OPEC, Russia and other allied producers, a grouping known as OPEC+, are considering cutting their oil output by more than 12 million barrels per day (bpd) and want other producers to contribute cuts of 5 million bpd, an OPEC+ source said on Thursday.
RIYADH | SAUDI ARABIA – Saudi Arabia is ready to cut up to 4 million barrels per day (bpd) of its production but only from its record output levels of 12.3 million pbd achieved in April, a source briefed on the kingdom’s oil policy said on Thursday. OPEC and other producers meet on Thursday to … Continue reading BUSINESS | Saudi Arabia Ready To Cut Up To 4 Million Bpd From Record April Output: Source