Top oil exporter Saudi Arabia has raised the August official selling prices (OSPs) of all crude grades it sells to Asia, the country's state oil producer Aramco (2222.SE) said on Tuesday. It set the August OSP for the flagship Arab light crude..
Brent crude oil prices averaged $73 per barrel globally in June 2021, up to $5 per barrel from May's average. According to the US Energy Information Administration's Short-Term Energy Outlook issued on July 7, 2021, they'll average $72/b ..
REUTERS Oil prices fell by more than $1 on Monday on worries over China's economy after a survey showed growth in factory activity slipped sharply in the world's second-largest oil consumer, with concerns compounded by a rise in oil output..
REUTERS HOUSTON, Aug 26 - U.S. energy companies on Thursday began airlifting workers from Gulf of Mexico oil platforms and moved vessels ahead of a powerful hurricane forecast for the weekend. Tropical Storm Ida was swirling in the Ca..
Aug 29 (Reuters) - Most stocks in the Gulf region rose in early trade on Sunday, with the Saudi index leading the way while Qatar bucked the trend with a 0.2% decline. Saudi Arabia's benchmark index (.TASI) gained 0.3% as Al Rajhi Ba..
REUTERS Saudi Arabia lowered its light crude oil prices to Asian customers in October versus September, though left prices to northwestern Europe and the United States steady. Oil giant Saudi Aramco lowered the price differential of light crude..
REUTERS SINGAPORE, Sept 9 - Oil prices rose for a second session on Thursday, recovering from earlier losses as a decline in U.S. Gulf of Mexico output following damages from Hurricane Ida underpinned the market. Brent added 23 cents,..
Bahrain could have suffered a severe economic blow if it had been subject to an economic blockade by its biggest neighbors. The country has done relatively well in the last year. According to government data, Bahrain's economy contracted 3.9% in ..
The Planning and Statistics Authority has issued a press release for August 2021 of industrial production index to study and analyze the economic level of the state. This index details the growth of various industrial sectors in economy such as &q..