Investors have plenty to cheer as 2023 draws to a close, with the S&P 500 ending the year with a gain of more than 24% and the Dow finishing near a record high. Easing inflation, a resilient economy and the prospect of lower interest rates buoyed investors, particularly in the last two months of the … Read more
DUBAI, United Arab Emirates (AP) — Veteran negotiators at the United Nations climate talks Saturday said that the push to wean the world from dirty fossil fuels had gained so much momentum that they had poked a powerful enemy: the oil industry. Late Friday, multiple news sources reported that the leader of OPEC, the powerful … Read more
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Putin discussed OPEC+ with MbS MbS emphasises need to commit to OPEC+ agreement Putin hosts Iranian president in Moscow MOSCOW, Dec 7 (Reuters) – Saudi Arabia and Russia, the world’s two biggest oil exporters, on Thursday called for all OPEC+ members to join an agreement on output cuts for the good of the global economy … Read more
OPEC+ slashes oil output further to boost flagging prices Daily Sun Source link
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Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman Al-Saud speaks during 10th Arab-China Business Conference in Riyadh, Saudi Arabia, June 11, 2023. REUTERS/Ahmed Yosri/File Photo Acquire Licensing Rights RIYADH, Oct 8 (Reuters) – Saudi Arabia’s Minister for Energy Prince Abdulaziz bin Salman said on Sunday that the first hydrogen train in the Middle East … Read more