Page 51 - Pec News Today

The CEO of JP Morgan believes the U.S. should be pumping more oil and gas, claiming that America should be the swing producer, not Saudi Arabia

The Cabinet approved the state to incur the costs of e-services — related to the e-visas service platform at the Ministry of Interior — for issuing an entry visa to Saudi Arabia for holders of fan tickets (Hayya card) of the FIFA World Cup Qatar 2022.

U.S. officials told Saudi Arabia prior to the OPEC+ meeting that it would help stave off a collapse in the oil market by buying oil at $75 per barrel to replenish the nation’s Strategic Petroleum Reserves

Foreign Minister Prince Faisal bin Farhan defended on Tuesday the recent OPEC+ decision to cut oil production by two million barrels per day.

AFTER a series of rollbacks over the past few months, the price of Mobil Oils fuel went up Tuesday.

Saudi Aramco will not cut the oil volumes it exports to clients in North Asia when it cuts production in November

This is how long it could last.

Saudi Arabia’s confidence amid a foolish attack of American leftists!

The Biden Administration has been successful in bringing down prices at the pump by releasing crude from its SPR, but this strategy has already proven to be unsustainable in the light of lower OPEC+ production

CNA – Oil prices slipped yesterday, easing off five-week highs, as the market took profits following strong gains last week on expectations of tighter supplies following OPEC+ cuts and ahead of the European Union (EU) embargo on Russian oil. Brent crude futures fell 81 cents, or 0.8 per cent, to USD97.11 a barrel by 0131 […]