Saudi Arabia9 years ago
Saudi fiscal reserves hit four-year low
Saudi Arabia’s fiscal reserves have plummeted to a four-year low due to the country’s plunging oil revenues.
oil prices
Iran raises June light oil price for Asian customers
Oil prices to fall after Israel’s limited attacks on Iran: Report
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Business9 years ago
BP logs multi-billion loss over oil dip
UK energy giant BP loses more than $6 billion over plunging oil prices.
Iraq9 years ago
Iraq oil money falls despite rising exports
Iraq’s oil revenue falls in January despite tangible rise in the country’s crude exports.
China9 years ago
China's CNOOC cuts output over price fall
China’s energy giant, CNOOC, cuts its 2016 output for the first time in over a decade amid growing fears about China’s economic health.
Business9 years ago
Oil below $28 for first time in 12 years
Global oil prices plummeted to below USD 28 a barrel for the first time in 12 years as economic slowdown in China and market glut continue.
Business9 years ago
Oil prices rebound after drastic fall
Oil prices rebound in global markets following a drastic fall that saw crude prices go below USD 30 a barrel.
Persian Gulf9 years ago
Bahrain declares 56% rise in fuel price
Bahrain, following suit with other Persian Gulf Arab states, is to slash energy subsidies as the country feels the sting from nosediving oil prices.
Business9 years ago
Oil close to $30 over China slowdown
Oil prices fall closer to USD 30 per barrel as worries grow over economic slowdown in China and continued market glut.
Energy9 years ago
Iran: Oil prices harm all producers
Iran’s Minister of Petroleum Bijan Zangeneh says current oil prices harm all producers and certain countries’ insistence on oversupply is politically motivated.
Business9 years ago
Brent under $35 for 1st time since 2004
The price of Europe’s benchmark North Sea Brent crude has fallen below USD 35 a barrel for first time since 2004 as markets suffer from supply glut.
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