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Saudi Arabia

Germany signals it may lift veto on Eurofighter sale to Saudi Arabia

German Chancellor Olaf Scholz’s government signaled it’s prepared to reverse course and back the sale of additional Eurofighter aircraft to Saudi Arabia, though it...

Oil jumps as Saudi Arabia and Russia extend supply cuts to end-2023

Oil prices jumped about 2% on Tuesday after Saudi Arabia and Russia announced a fresh extension to their voluntary supply cuts, stretching a combined...

Oil prices slip as bearish China data fuels demand concerns

Oil prices eased on Wednesday as concerns over slow demand from top crude importer China grew after bearish trade and inflation data, eclipsing fears...

Oil eases ahead of China, US data, but OPEC+ cuts limits slide

Oil prices dipped in Asian trade on Monday as investors tread cautiously ahead of fresh economic data from top consumers the United States and...

Russia pledges to reduce oil exports in August after Saudi extends voluntary cut

Russia plans to cut crude export flows next month in an effort to keep the global market balanced, according to Deputy Prime Minister Alexander...

Oil rises on Saudi plan to deepen output cuts from July

Oil prices rose by more than $1 a barrel on Monday after top crude exporter Saudi Arabia pledged to cut production by a further...
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