(Bloomberg) — U.S. cases of coronavirus rose 3.2%, which is higher than the one-week daily average. New York’s new deaths rose slightly while hospital admissions fell. The U.K. toll...
Saudi Arabia has entered into a US$265 million ((Saudi Rials 995 million) deal with a Chinese firm to ramp up coronavirus (Covid-19) testing. The Kingdom, which...
(Bloomberg) — Oil eked out a small gain after tumbling 10% on Tuesday as concerns over virus-driven demand destruction overshadowed a historic deal by the world’s biggest...
(Bloomberg) — As Mexico and Saudi Arabia fight over a deal to bring the oil-price war to an end, Mexico has a powerful defense: a massive Wall Street hedge...
(Bloomberg) — Oil gave up some of last week’s rally after a delay to a planned meeting of top producers to discuss output curbs and signs the...
(Bloomberg) — Oil slumped to a 17-year low as coronavirus lockdowns cascaded through the world’s largest economies, leaving the market overwhelmed by cratering demand and a ballooning...
(Bloomberg) — The Trump administration is pressing Saudi Arabia to dial back its plan to flood the oil market after a price war with Russia sent crude...
(Bloomberg) — Most equity markets in the Middle East fell on Sunday, despite efforts by central banks across the region to protect economies from shocks related to...
(Bloomberg) — Saudi Aramco is slashing planned spending this year in the first sign that plunging demand and the oil-price war the kingdom unleashed are hitting home....
(Bloomberg) — Abu Dhabi National Oil Co. will boost crude supply to more than 4 million barrels a day next month as the United Arab Emirates joins...