Opec, Russia agree to cut oil output to lift prices
Saudi Arabia has been bearing the burden of the largest share of production cuts recently
Iraq’s talk of more cuts gets cool response
Its oil minister moots further cuts of about 400,000 barrels a day
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More From Energy
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US posts first month in 70 years as petroleum exporter
Nation exported 89,000 barrels a day more than it imported in September
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Oil slides on bearish supply signals
Opec and allies including Russia are expected to extend the current supply pact
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Opec+ likely to stick with current oil cuts
With a rampant expansion in non-Opec supplies, prices could slump below $50 next year
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Saudi, UAE discuss $70B Indian refinery project
The project would be run by a consortium that includes Saudi Aramco and ADNOC
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Sri Lanka needs to sell $3 billion of bonds annually
The island-nation has to raise debt commercially to service earlier borrowings
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Oil falls after report shows swelling US stockpiles
Futures fell 0.4% in New York after rising 1.1% over the previous two sessions
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Aramco IPO portends changes for Gulf oil industry
Landmark move clears path for Gulf’s private sector to participate in this space
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Bond investors take a tougher stance on fossil
They are more influenced by social and environmental chatter than equity buyers
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Egypt signs $430-million natural gas deal
Siemens Gamesa will build the West Bakr plant in the Gulf of Suez
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Saudi Aramco order book reaches 73 billion riyals
1.8 million retail subscribers have injected more than 14 billion riyals into the IPO
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Fujairah bunker fuel stocks hit record
Heavy distillates and residues rose 10 per cent to 15.42 million barrels as of Monday
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Oil declines on US supplies, trade deal impasse
Futures decline as much as 1.2% in New York after falling by a similar amount on Monday
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Oil short-selling unwinds
Oil short-sellers slashed their bearish positions onWTI crude by 41%
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Adipec wraps up with positive outlook on oil’s future
Event saw a host of deals signed along with Opec’s report
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Adnoc invests Dh1.8b to upgrade Bab onshore field
Over 75% of investment will flow into UAE economy under in-country value programme
