State-run marketer Saudi Aramco typically doesn't provide buyers with a reason why volumes are cut
The Public Investment Fund's Savvy Gaming Group will become the second largest owner in Embracer Group AB after acquiring almost 100 million shares in the Karlstad-based company
Saudi Arabia has approved the general security plan for the upcoming Haj season
US West Texas Intermediate (WTI) crude futures rose 8 cents, or 0.1%, to $118.95 a barrel after hitting a three-month high of $120.99. The benchmark fell by $1 earlier in the session.
BJP must demand greater responsibility from its members
General Presidency for Affairs of the Grand Mosque in Mecca and the Prophet's Mosque in Medina on Monday condemned the "insulting statements" made by BJP leaders against the Prophet
. Brent crude firmed 68 cents, or 0.6%, to $120.40 a barrel at 0640 GMT after touching an intraday high of $121.95
Several countries in the gulf region summoned Indian Ambassadors and expressed their strong protest against the controversial remarks made by Nupur Sharma against Prophet Mohammad
Saudi Arabia on Monday In a statement, the Ministry of Foreign Affairs expressed its condemnation and denunciation of the statements made by the BJP spokesperson, saying it insulted Prophet Mohammed.
Oil prices rose more than $2 in early trade after Saudi Arabia raised prices sharply for its crude sales in July
The increase for July shipments resumes a streak of hikes that started in February and was only broken when state producer Saudi Aramco cut prices from record levels for this month
Biden said he hasn't changed his views on human rights despite his admin's praise of Saudi Arabia which he'd pledged to make a pariah over its abuses for getting oil producers to step up production
US President Biden's looming visit to Saudi Arabia seen as trigger for decision
"Inflow is expected shortly after some routine approvals from both sides. This will help shore up our foreign exchange reserves," he added.
Oil prices could get more support later on Thursday if analysts' forecasts are correct that US crude inventories declined by around 1.4 million barrels last week
Derivative markets pointed to a positive start later in the United States following losses on Wednesday when economic data failed to ease angst over rate hikes to fight inflation.
President Joe Biden is leaning towards making a visit to Saudi Arabia a trip that would likely bring him face-to-face with the Saudi crown prince he once shunned as a killer.
Neom, the brainchild of Saudi Crown Prince and de facto ruler Mohammed bin Salman, aims to build twin skyscrapers about 500 meters (1,640 feet) tall
Saudi Arabia has banned citizens from travelling to 16 countries, including India, over the Covid-19 situation in those nations, the media reported
The Public Investment Fund acquired a 16.9 per cent stake in Kingdom Holding for 9.09 riyals a share, according to a statement on Sunday