India Increases Oil Imports from Iraq and Saudi on Growing Domestic Demand
India increases crude oil imports from its conventional suppliers, including Saudi Arabia and Iran on India’s growing oil demand in September. India’s crude oil imports...
Tag : Saudi Arabia
Oil Heads for Deep Weekly Loss on Prospects for Jump in Supply
Brent crude approached the USD 71 per barrel mark and is down by more than 4% for the week, while West Texas Intermediate is trading...
Saudi Arabia Set to Become Biggest Construction Market in the World
Saudi Arabia is poised to overtake the US as the world’s largest building market. This is because the kingdom has made large financial investments in...
Welspun Corp’s Shares Hit Lifetime High After Associate Arm EPIC Bags Orders Worth Rs 3,000 Crore
Welspun Corp Ltd shares surged more than 6% on Thursday after its associate company EPIC announced receiving orders worth around Rs 3,000 crore or 1.32...
Saudi Arabia Signs Huawei Deal, Deepens China Ties with Xi’s Visit
On Thursday, during the visit of Chinese President Xi Jinping, Saudi Arabia and China showcased deepening ties through a series of strategic agreements, including cooperation...
Saudi Arabia to Organise Second Edition of Global AI Summit in September
Saudi Arabia is set to organise the second edition of the Global AI (Artificial Intelligence) Summit in September. As per media reports, it will be...
Crude Oil Prices Rise After Saudi Warns OPEC
Today, Oil prices edged slightly higher, tracking a pause in the dollar rally in early Asia. The Organization of the Petroleum Exporting Countries (OPEC) stands...
Russia Overtakes Saudi Arabia to Overtake as India’s Second-Largest Oil Supplier
On August 5, Russia surpassed OPEC+ ally, Saudi Arabia, expanding market share in one of the largest crude importers, despite rising fuel demand in India...
Saudi Arabia Transfers Aramco Shares Worth $80 Billion to State Fund
Saudi Arabia’s Crown Prince Mohammed Bin Salman has transferred 4 per cent of Saudi Aramco shares worth $80 billion to the kingdom’s sovereign wealth fund,...
Wuhan Scientists Warn of New Coronavirus NeoCov
Wuhan scientists have found a new type of coronavirus, “NeoCov”, that is found among bats in South Africa, which can threaten humans in future if...