oil

Saudi finance ministry to close annual accounts early in austerity step
Business

Saudi finance ministry to close annual accounts early in austerity step

Saudi Arabia's finance ministry will close its accounts for this year's budget on Nov. 15, the ministry said on Sunday…
Saudi oil halt not linked to Egyptian stance on Syria – Sisi
Egypt

Saudi oil halt not linked to Egyptian stance on Syria – Sisi

President Abdel Fattah al-Sisi denied on Thursday that the suspension of Saudi oil shipments is linked to Egypt’s vote on…
Agreement with Aramco ongoing, delay of shipments normal: minister
Business

Agreement with Aramco ongoing, delay of shipments normal: minister

Petroleum Ministry Spokesperson Hamdy Abdel Aziz has responded to rumours that Saudi Aramco is planning to halt supplies of petroleum…
Egypt’s debts to international oil companies rise to $3.58 bln at end-Sept: minister
Business

Egypt’s debts to international oil companies rise to $3.58 bln at end-Sept: minister

Egypt's debts to international oil and gas companies rose to $3.58 billion by the end of September, the oil minister…
Saudi Aramco informed Egypt about suspending oil product supply: official
Business

Saudi Aramco informed Egypt about suspending oil product supply: official

Saudi Aramco informed the Egyptian General Petroleum Corporation, Egypt's state oil company, in early October that it would halt the…
Oil climbs as Venezuela sees output deal, Libya suffers clashes
Business

Oil climbs as Venezuela sees output deal, Libya suffers clashes

Oil prices rose almost 2 percent on Monday, after Venezuela said OPEC and non-OPEC producers were close to reaching an…
Global oil surplus to persist into first half of 2017: IEA
Business

Global oil surplus to persist into first half of 2017: IEA

A sharp slowdown in global oil demand growth, coupled with ballooning inventories and rising supply means the crude market will…
Global oil market to reach supply-demand balance by end of 2016: BP
Business

Global oil market to reach supply-demand balance by end of 2016: BP

The global oil market will reach the balance of supply and demand by the end of the year, BP head…
Oil falls as dollar strengthens but traders eye Nigerian outages
Business

Oil falls as dollar strengthens but traders eye Nigerian outages

Oil prices ended a three-day bull run on Friday, falling as a strong dollar made it more expensive to hold…
No big bang, but quiet reforms reshaping China’s oil and gas sector
Business

No big bang, but quiet reforms reshaping China’s oil and gas sector

Expect no radical "big bang" in China's shake-up of its giant state-run energy firms, but a series of experimental and…
Back to top button