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Nigeria Risks Recession As Saudi Arabia Begins Global Oil Fight
Saudi Arabia plans to singularly expand oil yield one month from now, a move that could additionally decrease costs, dependable sources told Bloomberg. Such a move could exacerbate the situation for oil-subordinate nations like
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Coronavirus: Saudi Arabia fishes in troubled waters
For a situation of war inside a war, Saudi Arabia cut its fare oil costs throughout the end of the week setting off a value war focusing on Russia with an eye hitting at Venezuela, Iran and the American oil organizations. This may sound
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Saudi coalition 'foils attack' on oil tanker off Yemen's coast
The Saudi-drove alliance battling in Yemen said on Wednesday that it thwarted an "impending fear based oppressor assault" on an oil tanker off Yemen's coast on the Arabian Sea. The tanker was cruising 90 nautical miles (167km)
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Saudi-Russia alliance under pressure at OPEC meeting, as coronavirus saps oil demand
The vitality coalition between Saudi Arabia and Russia will probably go under serious examination this week, as agents from a portion of the
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Saudi Arabia may slash April oil prices to Asia by most since 2012
Top oil exporter Saudi Arabia is expected to make the deepest cuts to its monthly official selling prices (OSP) to Asia since 2012, tracking declines
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Saudis put on brave face as coronavirus roils oil markets
The coronavirus outbreak has been pressuring oil prices for weeks as Saudi Arabia-led OPEC and other oil producers
Read MoreSaudi Arabia wary of costly slow response as virus knocks oil
DUBAI: Saudi Arabia wants global oil producers to agree a quick oil supply cut as China's coronavirus knocks demand, aware that delays in the past led to costly price collapses, sources familiar with the kingdom's
Read MoreSaudis Weigh Large Oil Cuts in Response to Coronavirus
Saudi Arabia is pushing for a major, short-term oil production cut as it seeks to respond to the impact of China’s deadly coronavirus on crude demand, according to OPEC officials. Representatives of the Organization of the
Read MoreSaudi Arabia calls for focus on oil market stability, not oil price
RIYADH, Oct 14 (Reuters) - Saudi Arabia’s Energy Minister said on Monday it was important to concentrate on the stability of the oil market rather than the price of oil and that a fair price was a stable price. The minister,
Read MoreIran, Saudi Arabia Reportedly in Contact, Despite Official Saudi Denial
CAIRO - Iran and Saudi Arabia are reportedly in contact following a destructive drone attack on a Saudi oil refinery, despite denials from Riyadh. Iranian Parliament Speaker Ali Larijani told al-Jazeera TV on Tuesday that Tehran "welcomes
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