Home Topics Saudi Crude

Saudi Crude

Oil slips as focus shifts from Saudi supply to global demand concerns

Oil prices eased on Tuesday as weak manufacturing data from Europe and Japan focused market attention on the gloomy outlook for demand and away from uncertainty around supply disruptions in Saudi Arabia.
Smoke billowing after a fire at a Saudi Aramco factory in Abqaiq, Saudi Arabia, on Saturday. VIDEOS OBTAINED BY REUTERS-REUTERS

Saudi, Gulf stocks fall after attacks on Aramco oil plants

Saudi stocks fell sharply on Sunday, after attacks on two plants at the heart of the kingdom’s oil industry a day earlier knocked out more than half of Saudi crude output.
Smoke billowing after a fire at a Saudi Aramco factory in Abqaiq, Saudi Arabia, on Saturday. VIDEOS OBTAINED BY REUTERS-REUTERS

Saudi stocks plunge after drone attack on oil facilities

Saudi stocks plunged 2.3% as the market opened on Sunday, after attacks on two plants at the heart of the kingdom’s oil industry Saturday knocked out more than half of Saudi crude output.

Oil prices soar as Saudi Arabia cuts US supply

Oil prices rose for a third day on Thursday pushed up by lower imports into the United States amid OPEC efforts to tighten the market as well as Venezuela struggles to keep up its crude exports after Washington imposed sanctions on the nation.

Recent Stories

The Federal Road Safety Corps (FRSC) on Monday said that it would clamp down on motorists with either fake or expired driver’s licence

FRSC will not condone two passengers in front seat – spokesperson

The Federal Road Safety Corps (FRSC) has restated its stand on the ban of two passengers occupying the front seat of commercial vehicles across the country.

Greece boosts border patrols as Turkey says will release refugees

Greece on Friday boosted border patrols after Turkey said it would no longer prevent refugees from going to Europe, officials said.
Pope Francis Sunday railed against atomic weapons, the nuclear deterrent and the growing arms trade, as he paid tribute to the victims of the “unspeakable horror” of the Nagasaki bomb.

Pope cancels more official appointments over cold

Pope Francis postponed his official appointments Friday and was working from home, the Vatican said, a day after cancelling a scheduled appearance at mass because of “a mild ailment”.
Luigi Di Maio said ‘jackals’ speculating on masks and disinfectant would be severely punished. Francesco Fotia-AGF-Rex-Shutterstock

Italy urges tourists not to cancel trips because of coronavirus outbreak

Italy urged tourists spooked by the new coronavirus Thursday not to stay away, but efforts to reassure the world it was managing the outbreak were overshadowed by a sharp rise in case numbers.

NGO adopts first primary school in Ilorin with N100 million development fund

A non-governmental organization in Ilorin, Kwara state, Waziri Gobir Foundation, has offered to adopt the first primary school in Ilorin Emirate, Okesuna Local Government Education Authority School A and B, Ilorin.