RIYADH | SAUDI ARABIA – Saudi Arabia called on Thursday for an emergency meeting of OPEC+ and non-OPEC oil producers as it aims to reach a fair oil agreement to stabilize the oil market, state news agency SPA reported.
RIYADH | SAUDI ARABIA – Saudi Crown Prince Mohammed Bin Salman and U.S. President, Donald Trump talked over the phone on Thursday and discussed global energy markets, according to the state news agency. The Call comes after the United States invited OPEC’s main member countries to return to negotiations.
Oil Refinery, Chemical & Petrochemical plant abstract at night. BUCHAREST | ROMANIA – Russia has no plans to increase its oil output as the market has been oversupplied, Russian Energy Minister Alexander Novak told Reuters on Thursday. International crude price have fallen around 50% to under $26 a barrel since the Organization of the Petroleum … Continue reading BUSINESS | Russia Has No Plans To Raise Oil Production: Novak
RIYADH | SAUDI ARABIA – Saudi Aramco and its subsidiaries announced the support of the Health Endowment Fund in the Ministry of Health with 200 million riyals ($53 million). The oil giant said the support comes in line with the efforts of the government of the Custodian of the Two Holy Mosques, King Salman bin … Continue reading BREAKING NEWS | Saudi Aramco Supports Health Endowment Fund With 200 Million Riyals
RIYADH | SAUDI ARABIA – Custodian of the Two Holy Mosques King Salman Bin Abdulaziz Al Saud has received a phone call from Tunisian President Kais Saied, the Saudi Press Agency reported Wednesday. During the call, they reviewed the developments in the world amid the coronavirus outbreak, and discussed aspects of cooperation and coordination between … Continue reading BREAKING NEWS | Saudi King Receives Phone Call From Tunisia’s President
RIYADH | SAUDI ARABIA – The Saudi Ministry Of Interior Has Implement a 24 – hour curfew in the cities of Mecca and Medina until further notice to limit the spread of coronavirus, state news agency SPA tweeted. Residents will be allowed to leave their houses for medical care and food supplies in their respective … Continue reading BREAKING NEWS | Saudi Arabia Enforces 24-Hour Daily Curfew In Mecca, Medina
Oil Refinery, Chemical & Petrochemical plant abstract at night. Oman welcomes a U.S. invitation to OPEC members to discuss ways of halting a collapse in oil prices, the country’s oil minister said, according to the Omani al – Watan newspaper on Thursday. RIYADH | SAUDI ARABIA - Oman is not in the Organization of the … Continue reading BUSINESS | Oman Welcomes U.S. Invitation To OPEC To Discuss Oil Price Decline: Newspaper