Daily Updates

DME Oman crude up over 100% since production cuts implemented

DME Oman crude up over 100% since production cuts implemented

Oman crude oil Benchmark trading on the Dubai Mercantile Exchange, DME, has doubled in price sinc

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Saudi Aramco weighs pipeline stake sale to raise over US$10B

Saudi Aramco weighs pipeline stake sale to raise over US$10B

Saudi Aramco, the world’s largest oil producer, is weighing the sale of a stake in its pipe

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India extends ban on domestic, international flights until May 31

India extends ban on domestic, international flights until May 31

The Indian government extended the ban on scheduled domestic and international passenger flights

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National Bank of Oman reported a 21 percent drop

National Bank of Oman reported a 21 percent drop

National Bank of Oman reported a 21 per cent drop in its first-quarter net profit as operating in

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Saudi Arabia reports 2,840 new cases, 10 deaths

Saudi Arabia reports 2,840 new cases, 10 deaths

 Saudi Arabia Saturday reported 2,840 new coronavirus infections across several cities, rais

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Saudi Arabia Supports Private Sector to Remain Strong in Light of COVID-19

Saudi Arabia Supports Private Sector to Remain Strong in Light of COVID-19

Saudi newspapers highlighted in their editorials today a number of issues at local, regional, and

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Coronavirus recoveries in Saudi Arabia outpace new infections

Coronavirus recoveries in Saudi Arabia outpace new infections

Saudi Arabia on Friday announced 2,307 new coronavirus cases in the last 24 hours, bringing the t

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Saudi Arabia Boosts Spending on Food to Cope With Virus

Saudi Arabia Boosts Spending on Food to Cope With Virus

Saudi Arabia is stepping up its investments in local agriculture and farming projects abroad at a

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Brazil Loses 2nd Health Minister In A Month Amid Chaotic Coronavirus Response

Brazil Loses 2nd Health Minister In A Month Amid Chaotic Coronavirus Response

Brazil lost its second health minister in a month on Friday after President Jair Bolsonaro demand

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Saudi Arabia and Russia committed to achieving oil market stability

Saudi Arabia and Russia committed to achieving oil market stability

Saudi Arabia and Russia vowed in a joint statement on Wednesday their commitment to oil market st

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Indian PM Modi announces $250bn relief package for India

Indian PM Modi announces $250bn relief package for India

 Indian Prime Minister Narendra Modi has announced a relief package worth more than $250 bil

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UAE to cut oil output by 100,000 bpd in June

UAE to cut oil output by 100,000 bpd in June

The UAE will voluntarily cut its oil output by 100,000 barrels per day in June in a bid to back S

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Saudi Arabia records 1,966 new cases

Saudi Arabia records 1,966 new cases

Saudi Arabia’s confirmed coronavirus cases continue to increase with 1,966 new cases confir

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India: Former Prime Minister Manmohan Singh in hospital

India: Former Prime Minister Manmohan Singh in hospital

Manmohan Singh, India’s former In prime minister was admitted to Delhi's AIIMS (All Ind

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Iran’s IRGC Accidentally Fires Missile Killing 19 During Naval Exercise

Iran’s IRGC Accidentally Fires Missile Killing 19 During Naval Exercise

Nineteen sailors were killed and 15 others injured in the Gulf of Oman when an Iranian missile fi

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