BUSINESS NEWS | Saudi, Other Resist Mexican Plan To Make Small Oil Output Cuts – Sources

BUCHAREST | ROMANIA – Saudi Arabia and Other Oil Producers in the OPEC+ group pushed back on Friday on a Mexican plan to cut less than requested under plans for global supply curbs, two sources from the OPEC+ group said on Friday. One source said the dispute, which help up efforts to finalise the deal … Continue reading BUSINESS NEWS | Saudi, Other Resist Mexican Plan To Make Small Oil Output Cuts – Sources

BUSINESS NEWS | Saudi Energy Minister Calls For Affordable Energy Supply At G20 Meeting

RIYADH | SAUDI ARABIA – The Saudi energy minister gold a conference of the G20 group of the world’s largest economies on Friday that Ensuring affordable energy supply is key to facilitating a global economic recovery. ‘Having affordable, reliable, accessible energy supply is considered a necessity to enable basic services, including health care, and help … Continue reading BUSINESS NEWS | Saudi Energy Minister Calls For Affordable Energy Supply At G20 Meeting

GLOBAL ECONOMY | G20 Energy Ministers To Meet To Foster Global Cooperation: Statement

RIYADH | SAUDI ARABIA – Saudi Arabia said it would convene a virtual meeting of energy ministers from the Group of 20 major economies on Friday ‘to foster global dialogues and cooperation to ensure stable energy markets and enable a stronger global economy’. A statement from the Saudi G20 secretariat said the energy ministers, speaking … Continue reading GLOBAL ECONOMY | G20 Energy Ministers To Meet To Foster Global Cooperation: Statement