Saudi Arabia

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New law says: Women in Saudi Arabia will be notified by text message if they are divorced

09/01/2019(0)
Women in Saudi Arabia will be notified by text message if they are divorced under a new law designed to protect them from having their marriage ended without their ... Read More
Oil-prices-petrol-pump

Oil falls as rising Libyan, U.S. output undermines cuts

31/05/2017(0)
Oil prices fell on Wednesday, as rising output from Libya added to concerns about increasing U.S. production that is undermining OPEC-led production cuts aimed at tightening the market. Brent ... Read More
Brent Crude Oil

Oil drops after OPEC-led output cut extension falls below expectations

26/05/2017(0)
Oil extended falls on Friday after tumbling in the previous session when OPEC and allied producers extended output cuts but disappointed investors betting on longer or larger supply curbs. ... Read More
Oil-prices-petrol-pump

Oil drops on rising U.S. crude inventories, defies expected supply cut extension

17/05/2017(0)
Oil prices fell on Wednesday after data showed an increase in U.S. crude inventories, stoking concerns that markets remain oversupplied despite efforts by top producers Saudi Arabia and Russia ... Read More
china-shares

China shares gain on spending program

15/05/2017(0)
Hang Seng China Enterprises Index on course for six-day surge Oil climbs as Russia, Saudi Arabia favor extending output deal Chinese equities rose as optimism over infrastructure spending offset concerns ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil gives up earlier gains as rising US output, China concerns weigh

09/05/2017(0)
Oil prices gave up earlier gains on Tuesday, as concerns over slowing demand and a relentless rise in U.S. crude output undermined the impact of hopes that OPEC-led production ... Read More
A pump jack used to help lift crude oil from a well in South Texas’ Eagle Ford Shale formation stands idle in Dewitt County Texas

Oil prices rise on expectation of output cut extension

08/05/2017(0)
Oil prices rose on Monday as Saudi Arabia’s energy minister said an OPEC-led production cut scheduled to end in June would likely be extended to cover all of 2017, ... Read More
Shaybah oilfield complex is seen at night in the Rub' al-Khali desert, Saudi Arabia

Oil prices continue slide; WTI nearing six-month low as supply glut weighs

05/05/2017(0)
Oil prices fell by as much as a further 3 percent on Friday, after prices had crashed to five-month lows in the previous session, as concerns about global oversupply ... Read More
oil markets

Oil posted losses for two weeks in a row

02/05/2017(0)
U.S. crude futures have posted losses for two weeks in a row and are poised to sink again, according to a historical correlation between oil prices and GDP data. ... Read More
A pump jack used to help lift crude oil from a well in South Texas’ Eagle Ford Shale formation stands idle in Dewitt County Texas

Oil rises on potential OPEC cut extension, but still faces second weekly loss

28/04/2017(0)
Oil prices rose on Friday but were still on track for a second straight weekly loss on concerns that an OPEC-led production cut has failed to significantly tighten an ... Read More
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