2020, July, 14, 13:05:00OIL DEMAND IS BETTER
The key Joint Ministerial Monitoring Committee, co-chaired by Saudi Arabia and Russia, the two largest members of the coalition, will convene online July 15 and make a final recommendation.
2020, July, 14, 12:50:00IRAQ PROMISES TO COMPLY
Iraq affirmed its commitment to the OPEC+ cuts in a call with Saudi energy minister Prince Abdulaziz bin Salman, the two ministers said in a joint statement.
2020, July, 10, 11:35:00U.S. SHALE: NO TARGET
The intervention of the United States, the G-20 and other leading producing countries was vital in securing April’s historic production deal to rebalance and stabilize oil markets reeling from the pandemic.
2020, July, 10, 11:15:00SAUDI'S DERIVATIVES EXCHANGE
Saudi Arabia’s Capital Market Authority (CMA) plans to launch a derivatives exchange in the latest move to modernize the Kingdom’s financial landscape.
2020, July, 9, 15:30:00TURKEY'S FOREIGH INVESTMENT DOWN $8 BLN
Overseas investors have withdrawn nearly $8 billion from Turkish stocks since January,
2020, July, 8, 11:50:00OPEC OIL PRODUCTION DOWN
OPEC's 13 members pumped 22.31 million b/d, the organization's lowest collective output since September 1990,
2020, July, 7, 16:10:00SAUDI'S OIL PRICES UP
State producer Saudi Aramco lifted the official selling price for its flagship Arab Light crude to buyers in Asia,
2020, July, 6, 11:10:00ASIA'S SHARES UP
Japan’s Nikkei, which has lagged with a soft domestic economy, managed a rise of 1.8%.
2020, July, 2, 12:00:00SAUDI ARAMCO'S OPTIMISM
There are different forecasts looking at between 95 and 97 MMbd by year-end
2020, July, 2, 11:55:00IRAQ OIL EXPORTS DOWN
Iraq oil exports fell to an average of 2.816 million b/d, in line with projections made in June by Oil Minister Ihsan Ismaael
2020, June, 30, 12:55:00ASIA'S SHARES UP
MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.51%,
2020, June, 30, 12:35:00SAUDI ARABIA'S ECONOMY DOWN
In the first quarter, the value of Saudi Arabia’s oil exports plunged by about $11 billion year on year
2020, June, 26, 11:25:00SAUDI'S OIL FOR CHINA UP
China's arrivals from Saudi last month reached 9.165 million tonnes, or 2.16 million barrels per day (bpd), up about 95% from 1.11 million bpd in May 2019 and up 71% from 1.26 million bpd in April,
2020, June, 25, 13:50:00SAUDI OIL EXPORTS DOWN $12 BLN
Amid a drop in demand and oil prices, in the first quarter the value of Saudi Arabia’s oil exports plunged by 21.9% year on year to $40 billion, corresponding to a decline of about $11 billion,
2020, June, 25, 13:30:00SOLAR POWER FOR TURKEY
Turkey’s Ministry of Energy has recently announced plans of launching a 1 GW solar tender under the national Yeka (Yenilenebilir Enerji Kaynak Alanları) renewable energy program.