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KUWAITI AND IRAQI PETROLEUM
Asian oil buyers fret over margin impact of cancelled OPEC+ meetingThey are now awaiting Saudi Arabia's official selling prices (OSPs), which were delayed until after the OPEC+ meeting and set the tone for ...
Kuwait: oil-rich Gulf monarchy with active politicsKuwait, a member of the Organization of Petroleum Exporting Countries (OPEC), earns around 90 percent of its income from oil. Like other Gu...
Saudi Arabia may raise July oil prices to Asia: SurveySaudi Arabia is expected to increase the July OSP for Arab Light crude by $3.80 a barrel on average.
Saudi Arabia delays setting May prices, looks to Opec meeting to settle price warA month-long price war between Saudi Arabia and Russia, against the backdrop of the coronavirus pandemic, has cut the price of crude to $34...
Oil jumps the most ever after drone attack cuts Saudi suppliesThe unprecedented move in Saudi Arabia reverberated around financial markets.
To put things quite crudely; we await the rupee's fateWe await the rupee’s fate and intensity of pain the economy will go through.
Why traders betted on crash after crude oil hit record high of $147 in 2008Seemingly insatiable demand from emerging economies, including China and Brazil, encouraged outrageous chatter of $200 a barrel among the g...
RIL, Essar Oil to gain from likely price cut in some Saudi crudesSaudi Arabia, traditionally the top exporter of crude to India, is reported to be considering a cut in prices of the medium and heavy grade...
OPEC oil output hits six-month low in December on LibyaOPEC's oil supply fell by 270,000 barrels per day (bpd) in December to a six-month low as fighting cut Libyan output.
- Regulators agree tighter watch over big financial firms
A global regulatory body said on Wednesday it had agreed a broad plan to tighten supervision of big banks and financial firms blamed for tr...
- Oil rises to near $48 as OPEC signals supply cuts
Oil rose to near $48 a barrel Tuesday after OPEC signaled it will likely announce another production cut within days, adding to large suppl...