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India plans to top up strategic tanks with cheap Saudi, UAE oil: Report
India plans to take advantage of low prices for oil from Saudi Arabia and the United Arab Emirates to top up its strategic petroleum reserves (SPR), two sources familiar with the matter. Global oil prices have fallen around 40% in March as the
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Global impact of the Saudi Arabia-Russia oil war
Oil has a frightful propensity for breaking coalitions, beginning wars and toppling systems. This week saw one progressively pivotal change in the valuing of oil and more then likely each of the three offensive consequences will happen. For
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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
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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
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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
Read MoreSaudi 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 in Middle East benchmarks and weak refining margins as the coronavirus outbreak has cut
Read MoreSaudis 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 try to gauge how the widening outbreak could affect global energy demand. Tuesday saw even more
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
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