Saudi Arabia

iranian-production

What the recent OPEC deal means for oil prices

06/10/2016(0)
The September 28 Algiers accord by Opec to cap production within a range of 32.5 million to 33 million barrels per day was unexpected but very positive for sentiment. ... Read More
Soudi Arabia - Riyal

Saudi riyal falls in forwards mkt after U.S. Congress vote

29/09/2016(0)
The Saudi riyal fell moderately against the U.S. dollar in the forwards market on Thursday after the U.S. Congress voted to allow relatives of victims of the Sept. 11 ... Read More
OPEC logo

OPEC Agrees to First Oil Output Cut in Eight Years

29/09/2016(0)
Oil club to cut output to as low as 32.5 million barrels a day Deal indicates Saudi Arabia and Iran resolved some differences OPEC agreed to the outline of ... Read More
maid

UAE pays highest salaries in the GCC for domestic workers

19/09/2016(0)
The average monthly salary of domestic workers in the UAE stands at AED1,592 ($433), making it the highest in the region, according to the HelperChoice Domestic Worker Salary Survey Middle ... 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 edges lower amid scepticism about output freeze

07/09/2016(0)
Oil prices inched lower on Wednesday as market participants remained skeptical that producers will reach an agreement to freeze output to rein in a global supply glut. London Brent ... Read More
A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport

Saudi, Russia Vow Oil Cooperation Without Agreeing to Freeze

06/09/2016(0)
Countries have ‘number of tools’ for joint action, Novak says Oil pares gains as rapprochement falls short of concrete steps The world’s top two crude-oil producers pledged to cooperate ... Read More
An oil pump is seen in Lagunillas

Oil Rally Fervor Cools as OPEC Output at Record Before Talks

05/09/2016(0)
Investors cut bets on oil rally by most in two years: CFTC OPEC production reached 33.69 million barrels a day last month Investors are realizing that OPEC’s talk of ... Read More
View of gasoline pumps at a petrol station in Paris

Oil prices rise as dollar comes off two-week high

30/08/2016(0)
Oil futures edged up on Tuesday as the U.S. dollar backed off a two-week high hit the day before, although doubts that crude producers would agree next month to ... Read More
clifford chance law firm

International law firm announced association in Saudi Arabia

24/08/2016(0)
Leading international law firm Clifford Chance today announced that it has entered into an association with the newly established Abuhimed Alsheikh Alhagbani Law Firm (AS&H) in Saudi Arabia. The ... Read More
A man fills up his car at a petrol station in Rome

Brent crude oil prices dip on prospect of record Saudi output

18/08/2016(0)
Oil prices dipped in early trading on Thursday as the prospect of record Saudi output weighed on markets and as traders cashed in on profits following an almost uninterrupted ... Read More
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