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Mar 01, 2021 07:12 PM IST Top exporter Saudi Arabia pledged an additional 1 million bpd output cut for February and March to ensure inventories do not build up.
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Feb 28, 2021 07:30 AM IST The Biden administration has faced some criticism, notably an editorial in the Washington Post, that the president should have been tougher on the crown prince, who was not sanctioned despite being blamed for approving Khashoggi's murder.
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Feb 27, 2021 03:35 PM IST Jamal Khashoggi was murdered in 2018 during a visit to the Saudi Arabian consulate in Istanbul, Turkey.
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Feb 27, 2021 11:31 AM IST Biden administration officials say the decisions on sanctions and visa bans will send a clear message about how the United States wants to see the future US-Saudi relationship.
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Feb 25, 2021 12:38 PM IST Crown Prince Mohammed bin Salman, the son of King Salman, has amassed immense powers in the kingdom since being appointed heir to the throne in 2017.
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Feb 23, 2021 04:31 PM IST Yamani also oversaw what would become the full nationalization of the Arabian American Oil Co. after the 1973 oil crisis.
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Feb 19, 2021 04:58 PM IST Austin reaffirmed the importance of the strategic defence partnership between the two countries, and said the United States was committed to helping Riyadh defend itself, condemning attacks launched into the kingdom by the Houthi group in Yemen.
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Feb 17, 2021 07:13 PM IST Price-sensitive Indian consumers are affected by the rising petroleum product prices and it affects the demand growth in an aspirational economy like India, the minister says.
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Feb 09, 2021 08:42 PM IST Top exporter Saudi Arabia is curbing supply in February and March, on top of cuts by producers in the Organization of the Petroleum Exporting Countries and their allies, prompting forecasts of a supply deficit this year.
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Feb 09, 2021 09:44 AM IST The current rise in oil prices is a short-term blip. The longer-term trends depressing oil prices are intact
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Feb 04, 2021 10:56 PM IST The move would fulfil a campaign pledge by Biden, whose administration plans to pursue diplomacy to end the overall conflict in Yemen.
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Feb 03, 2021 12:05 PM IST The interior ministry announced the "temporary suspension" would be effective from 9.00 pm (1800 GMT) on Wednesday, according to the official Saudi Press Agency.
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Jan 28, 2021 09:32 PM IST 'There will be Aramco share offerings coming in the coming years, and this cash will be transferred to the Public Investment Fund,' said Prince Mohammed, speaking at the kingdom's Future Investment Initiative conference.
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Jan 27, 2021 10:53 PM IST In his virtual address at Future Investment Initiative on January 27, RIL Chairman Mukesh Ambani said a consumer country, and he as a consumer, 'would like to dream about stability in prices'.
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Jan 26, 2021 05:35 PM IST On Saturday, the Saudi-led coalition, which backs Yemen's internationally recognised government against the Huthis, said it had intercepted and destroyed a "hostile air target" heading towards Riyadh.
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Jan 09, 2021 08:18 PM IST The agency posted two pictures and a short video that showed a medical staff injecting the king with the vaccine.
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Jan 07, 2021 09:36 AM IST The production cut by Saudi Arabia also means that the country has not been able to convince the non-OPEC members to toe its line, thus exposing its waning influence in the group
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Jan 06, 2021 01:00 PM IST Brent crude rose as much as nearly 1 percent to $54.09 a barrel, the highest since February 26, 2020. It was at $53.87 a barrel at 0536 GMT after jumping 4.9 percent on Tuesday.
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Jan 03, 2021 03:29 PM IST The government ordered the lifting of "precautionary measures related to the spread of a new variant of coronavirus", the Ministry of the Interior said, according to the official Saudi Press Agency.
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Dec 29, 2020 03:07 PM IST Loujain Al-Hathloul was first arrested in May 2018 along with others who had pushed to end a ban on women driving.
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Dec 20, 2020 09:04 PM IST In February last year, Saudi Crown Prince Mohammed bin Salman announced that Saudi Arabia would invest over $100 billion in India in petrochemicals, refining, infrastructure, mining and manufacturing, agriculture and several other sectors.
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Dec 14, 2020 09:03 PM IST The Saudi energy ministry spokesman said the attack resulted in a small fire which emergency units extinguished, but that there was no damage to unloading facilities nor any effect on supplies.
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Dec 13, 2020 10:15 PM IST Naravane visit is seen as a reflection of India's growing strategic ties with the two countries and is expected to further open up new avenues for cooperation in the defence and security sphere.
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Dec 13, 2020 03:08 PM IST This loan has come by augmenting the size of 2011 bilateral Currency-Swap Agreement
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Dec 06, 2020 04:17 PM IST Aramco also set the January OSP of its Arab light crude oil to the United States at plus $0.55 a barrel over ASCI (Argus Sour Crude Index), down $0.30 a barrel from December, according to the document.