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June 08, 2023 11:07 PM IST Crown Prince Mohammed bin Salman conveyed his full support to India's initiatives as part of its ongoing G20 Presidency and said he looks forward to his visit to India, the statement said.
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June 08, 2023 10:50 PM IST The first all-women Haj flight, IX 3025, departed from Kozhikode to Jeddah at 18:45 IST on Thursday, arriving in Jeddah at 22:45 local time, according to the airline.
- June 06, 2023 01:47 PM IST
"Karim "Banzema has signed a contract for his transfer to Al-Ittihad for a three-year period starting next season," said the source.
- June 06, 2023 09:40 AM IST
Total production cuts by the oil producing countries’ cartel is projected to reach 4.6 percent of the global demand in July
- June 06, 2023 09:02 AM IST
The output cut is a voluntary one by Saudi Arabia alone. The other OPEC members and the non-members want higher production
- June 05, 2023 10:12 PM IST
Consultancy Rystad Energy said the additional Saudi cut is likely to deepen the market deficit to more than 3 million barrels per day in July, which could push prices higher in the coming weeks.
- June 05, 2023 09:19 PM IST
Saudi Arabia on June 4 announced a 1 million bpd cut in oil production starting in July.
- June 05, 2023 07:02 PM IST
Saudi Arabia on Sunday announced cuts of 1 million barrels per day in oil output starting July, while the rest of the OPEC+ producers agreed to extend earlier cuts in supply through the end of 2024.
- June 05, 2023 05:30 PM IST
By implementing a unilateral output reduction, Riyadh is hoping to boost crude prices
- June 05, 2023 10:05 AM IST
The situation in the oil market today is reminiscent of the 1980s in many ways. But this time, there could be a key difference when the Saudis open the taps again: The world may no longer want what they’re selling
- June 01, 2023 11:50 AM IST
The development comes three months after the company received good manufacturing practices (GMP) certification from the Saudi Food and Drug Authority (SFDA) for all its production facilities at its unit in Baddi, Himachal Pradesh.
- May 30, 2023 05:27 PM IST
Too few shares trade for typical price discovery metrics to apply to the oil giant
- May 28, 2023 09:18 PM IST
In a joint statement early on Sunday, the US and Saudi Arabia called for an extension of the current truce which expires at 9.45 pm on Monday.
- May 25, 2023 09:46 AM IST
The world's largest oil producer keeps playing with supply cuts rather than realise that oil demand is slowing with more electric vehicles on the roads and prolonged economic weaknesses in China and elsewhere
- May 17, 2023 09:39 AM IST
Like sulphur and ammonia — which are abundant and cheap, the existing hydrogen trade that consumes nearly 100 million tonnes a year is going to be used close to the place it was produced. So no country will dominate the trade
- May 16, 2023 08:24 PM IST
There are currently more than 450 death row inmates in Indonesia, with convicted drug traffickers accounting for around 60 per cent, including 88 foreign nationals from 18 countries.
- May 08, 2023 09:11 AM IST
This is the first meeting between Doval and Sullivan after they launched the ambitious India US ICET (Initiative on Critical and Emerging Technology) dialogue here in January. Sullivan is currently travelling to Saudi Arabia.
- May 06, 2023 12:07 PM IST
Various media in France said he would be suspended for two weeks, although AFP has not been able to confirm those reports.
- May 05, 2023 07:11 PM IST
In April 2023, Iraq supplied 812,000 bpd of crude oil to India while Saudi Arabia provided 671,000 bpd.
- May 05, 2023 11:59 AM IST
A softening US economy and continued fragility among its banks, as well as weak manufacturing data in China, have triggered a renewed fall in Brent and WTI futures. Refining margins have also sunk.
- May 04, 2023 08:42 PM IST
The used car marketplace looks to pad up margins by financing vehicle purchases as it increases focus on the retail buyer segment.
- May 03, 2023 05:15 PM IST
Speaking in an interview with Bloomberg Television on Thursday, Minister of Economy and Planning Faisal bin Fadhil Alibrahim described Saudi Arabia as having an “expansionary fiscal environment” that he said will offset the impact of higher interest rates
- May 03, 2023 12:53 PM IST
.A two-week suspension would mean Lionel Messi would miss PSG's next two games.
- May 03, 2023 11:34 AM IST
State vehicles like his Public Investment Fund, with more than $600 billion of assets, are hiring at breakneck speed, often recruiting staff from foreign firms based in the country.
- April 28, 2023 06:49 AM IST
The plan is "chart 20 percent growth in India in the next year, and then grow further", said Antonoaldo Neves, who has been heading the UAE national airline since October last year.
