OPEC agrees to 500000 bpd additional cut
OPEC+ will adjust its output target and redistribute production cuts between its members under pressure from Saudi Arabia, which has long carried an outsized share of the burden, Report informs…
Tags: Saudi Arabia
OPEC countries reach consensus on deal
OPEC countries have reached a consensus on a deal on cutting oil production at the ministerial meeting on Thursday and plan to continue negotiations on Friday, Saudi Arabia’s Energy Minister…
Ruiz says he’ll defeat Joshua again… or ‘die trying’
Don’t be fooled by his smiling demeanor and easy-going personality. Heavyweight world champion Andy Ruiz Jr is ready to produce another big finish against Anthony Joshua or, as he explained,…
Oil drops as market awaits ratification of OPEC supply cut
Oil slipped in early Asian trade on Friday, with U.S. crude moving further away from a two-month high after OPEC agreed to increase output curbs in early 2020 but failed…
Trump: US is not going to send 12,000 troops to Saudi Arabia
US President Donald Trump said he was not going to send 12,000 troops to Saudi Arabia, Report informs, citing the RIA Novosti. “The story today that we are sending 12,000…
Oil rises as OPEC weighs deeper output cuts
Oil prices edged higher on Thursday ahead of an OPEC meeting where members are expected to agree on deeper output cuts in an effort to prop up prices and prevent…
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Number of foreigners arriving in Azerbaijan grows by over 11%
The number of foreign citizens arriving in Azerbaijan from January through November 2019 increased by 11.1 percent compared to last year, exceeding 2.9 million people, press secretary of Azerbaijan’s State…
US mulling 14,000 more troops for Mideast: report
The United States is weighing sending up to 14,000 more troops to the Middle East in the face of a perceived threat from Iran, the Wall Street Journal reported Wednesday….
India could see real growth in oil demand next year
Next year is expected to be a turnaround for oil demand in India, according to a new study by S&P Global Platts Analytics. With weakened demand caused by an economic…
Oil gains amid push by Saudi Arabia for further supply cuts
Oil prices rose on Tuesday, as OPEC and its allies discuss whether to deepen a supply cut pact ahead of meetings this week, although prospects after Saudi Arabia’s planned listing…