Abu Dhabi, Nov 11: Saudi Arabia said it will trim oil exports by 500,000 barrels per day in December, as major producers met Sunday to consider cuts to shore up sagging prices.
“The kingdom’s crude exports for December will be 500,000 bpd lower than November,” Saudi Energy Minister Khalid al-Falih told reporters at the meeting in Abu Dhabi.
The world’s top oil exporter has been pumping 10.7 million bpd since October, according to Falih.
Gothenburg (Sweden): Prime Minister Narendra Modi landed in Sweden on Sunday, where he will hold talks on trade, technology, defence...
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New Delhi: ICEYE, a global leader in space-based intelligence, is set to establish its first Indian production facility within the...
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New Delhi: Within days of levying high customs duties on precious metals, the government on Saturday imposed import curbs on...
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New Delhi: The Narcotics Control Bureau has busted an international drug syndicate involved in the trafficking of Captagon and seized...
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Abu Dhabi: India and the UAE on Friday inked a series of landmark pacts spanning strategic petroleum reserves, long-term LPG...
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New Delhi: The BJP on Friday defended the hike in fuel prices, claiming that India managed to shield citizens from...
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