Sun, Jan 07, 2024
Saudi Aramco slashed the official selling price (OSP) for February-loading Arab Light to Asia by $2 a barrel from January to $1.50 a barrel over Oman/Dubai quotes, a level last seen for November 2021.
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Fri, Nov 03, 2023
Saudi Arabian Crown Prince Mohammed bin Salman's advisors have spoken to Indian government officials about moving the IPL into a holding company valued at as much as $30 billion, Bloomberg reported.
Tue, Oct 24, 2023
Saudi Prince Turki al-Faisal's powerful speech condemns both Israel and Hamas for attacks on civilians and calls for civil insurrection. The Israel-Hamas War continues to escale after the Hamas' surprise attack on Israel. The situation in Gaza has been deteriorating with each passing day as there is no sign of a ceasefire. As per Gaza Health Ministry, 5,087 Palestinians killed in Israeli strikes since October 07.
Sun, Oct 08, 2023
The MoU was signed between the Union Minister for Power and New & Renewable Energy R K Singh and Minister of Energy, Government of Saudi Arabia, Abdulaziz bin Salman Al-Saud on the sidelines of the MENA Climate Week in Riyadh
The minister also said that Saudi Arabia will be launching a "credible, transparent and adaptable domestic market mechanism" on Monday, without elaborating.
Tue, Sep 12, 2023
G20 concluded successfully. Along with this, a historic deal was also made in G20. The biggest deal of the India Middle East Economic Corridor has been signed in which 5 more countries including India, UAE, Saudi Arabia and America are involved.
Sat, Sep 09, 2023
India is Saudi Arabia's second-largest trading partner whereas Saudi Arabia is India's fourth-largest trading partner. Both countries also have a strong partnership in the area of energy.
Sat, Jun 17, 2023
Prince Faisal is expected to officially inaugurate the Saudi kingdom's embassy in Tehran later on Saturday. Until the mission is completed, the employees are working from a Tehran hotel, Iran TV said.
Mon, Jun 05, 2023
The global crude oil market is buzzing as Saudi Arabia announces a significant output cut of 10 lakh barrels per day (BPD), leading to a surge in oil prices. In addition, OPEC+ extends supply limits, ensuring that a total of 36.6 lakh BPD remains under control.
Saudi's energy ministry said the country's output would drop to 9 million barrels per day (bpd) in July from around 10 million bpd in May, the biggest reduction in years.
Sun, Apr 23, 2023
Pakistani authorities hope that Islamabad will sign a deal for additional deposits of $2 billion from the Kingdom of Saudi Arabia (KSA) after Eid, media reports said.
Sun, Apr 09, 2023
India's imports of crude oil from Russia touched a new high of 1.64 million barrels per day in March and is now double of the purchases from Iraq - the nation's traditional top oil supplier.
Mon, Apr 03, 2023
Not just Saudis, Russian Deputy Prime Minister Alexander Novak also announced the country's decision to reduce oil production by half a million barrels per day until the end of the year.
Most energy stocks such as Oil and Natural Gas Corporation (ONGC), Oil India Limited (OIL), Mangalore Refinery & Petrochemicals (MRPL), and Chennai Petroleum Corporation were in demand during Monday's trading session on the exchanges.
Sun, Mar 05, 2023
From a market share of less than 1 per cent in India's import basket before the start of the Russia-Ukraine conflict in February 2022, Russia's share of India's imports rose to 1.62 million barrels per day in February, taking a 35 per cent share.
Mon, Feb 27, 2023
Israel`s national air carrier El Al began operating a new time-saving route via the airspace of Oman and Saudi Arabia, the company has said.
Sun, Feb 19, 2023
Last month Russian oil accounted for about 27% of the 5 million bpd of crude imported by India, the world's third-biggest oil importer and consumer, the data showed.
Sat, Dec 31, 2022
Cristiano Ronaldo Transfer News: Portugese superstar Cristiano Ronaldo has penned a deal which takes him to Saudi Arabian club Al Nassr.
Mon, Dec 05, 2022
How will crude move amid OPEC+ production cut? What will be the impact of Xi Jinping's visit to Saudi Arabia? Will the price of Russian crude come below the price cap? Why will there be volatility in crude oil ahead? Know from Ajay Bagga.
Mon, Nov 28, 2022
How is the rising covid cases in China affecting the market? Why is China following Zero Covid Policy? How much more will crude prices decrease? Will Venezuela become an alternative to Saudi Arabia for crude supply? Know from Global Market Expert Ajay Bagga.
Thu, Nov 24, 2022
The FIFA World Cup Qatar 2022 began from November 20, with the Round of 16 kicking off from December 2, with the final scheduled for December 18.
Wed, Nov 23, 2022
FIFA World Cup Qatar 2022: Not just in the nick of time. Saleh Alshehri and Salem Aldawsari were able to score goals early in the second half despite trailing 1-0 at halftime following a goal by Lionel Messi, undoubtedly the biggest soccer player of all time, in the 10th minute.
Tue, Nov 22, 2022
Argentina vs Saudi Arabia (Group C) FIFA World Cup 2022: Lionel Messi — that is the buzzword for today! The magician steps out on Qatar turf on Tuesday for possibly the last World Cup of his career.
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