Jul 3, 2023 | Business, Economy, Europe, Middle East, UK, US
By Laura Sanicola (Reuters) -Oil prices settled down 1% on Monday as worries about a slowing global economy and possible U.S. interest-rate hikes outweighed supply cuts announced for August by top exporters Saudi Arabia and Russia. Brent crude futures settled down 1%,...
Jun 26, 2023 | Business, Economy, Europe, Middle East, UK, US
By Shariq Khan BENGALURU (Reuters) -Oil prices rose slightly in choppy trading on Monday, as investors balanced concerns about global demand growth against upcoming supply disruptions that could be exacerbated by political instability in Russia. Brent crude futures...
Jun 24, 2023 | Asia, Business, Economy, Europe, Middle East
(Reuters) – Saudi Arabian Oil Company (Aramco) and TotalEnergies have signed an $11 billion contract to start building a new petrochemicals complex in Saudi Arabia, the two companies said in a joint statement on Saturday. “Aramco and TotalEnergies today...
Jun 15, 2023 | Business, Economy, Europe, Middle East, UK, US
By Scott DiSavino NEW YORK (Reuters) -Oil prices gained about 3% to a one-week high on Thursday on a weaker U.S. dollar and a jump in refinery runs in top crude importer China. Brent futures rose $2.47, or 3.4%, to settle at $75.67 a barrel, while U.S. West Texas...
Jun 11, 2023 | Asia, Economy, Middle East, Politics, Top News
By Parisa Hafezi DUBAI (Reuters) -Iran’s supreme leader on Sunday said a deal with the West over Tehran’s nuclear work was possible if the country’s nuclear infrastructure remained intact, amid a stalemate between Tehran and Washington to revive a...
Jun 11, 2023 | Asia, Business, Economy, Environment, Middle East
By Aziz El Yaakoubi and Maha El Dahan RIYADH (Reuters) -Saudi Arabia wants to collaborate, not compete, with China, the kingdom’s energy minister declared on Sunday, saying he “ignored” Western suspicions over their growing ties. As the world’s...
