BREAKING NEWS | King Salman Receives Kuwait PM

RIYADH | SAUDI ARABIA – – Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud received in Riyadh on Tuesday Prime Minister of Kuwait Sheikh Sabah Al-Khalid Al-Sabah, reported the Saudi Press Agency.

King Salman threw o luncheon banquet in honor of his guest and the accompanying delegation.

Sheikh Sabah had arrived in Saudi Arabia earlier on Thuesday.

He was received at King Khalid International Airport by Governor of the Riyadh Region Prince Faisal bin Bandar bin Abdulaziz, Minister of State Prince Turki bin Mohammed bin Fahd bin Abdulaziz and several officials.


BUSINESS | Trump Administration Official Says U.S. Welcomes Reports Of OPEC+ Oil Cut Deal

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

BUSINES NEWS | Russia, Saudi Arabia Overcome Difference Holding Up Big Oil Cut Deal: Dimitriev

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

BUSINES NEWS | Russia’s Novak Calls On All Oil Producers To Join Efforts

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

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