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OPEC Chief: Oil Prices Will Not Plunge Again

2020-10-15 15:50:25| OGI

Barkindo says the OPEC+ partnership will ensure that prices will not relapse.

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Next optimistic despite H1 profit plunge

2020-09-17 14:35:00| Daily apparel & textile news and comment - from just-style.com

UK retailer Next has booked a 97% drop in pre-tax profits for the first half of the year but has remained optimistic, raising its full-year guidance for the second time in two months. 

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US Oil Production Rises from Dramatic Plunge in May

2020-08-31 20:30:00| OGI

U.S. oil production rose in June but remained far below April levels following a dramatic plunge in May, the U.S. Energy Information Administration said in a monthly report on Aug. 31.

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Saudi Crude Oil Exports Plunge to Lowest on Record

2020-08-21 11:00:00| OGI

Crude exports from Saudi Arabia, the world's largest oil exporter, extended a decline in June to the lowest on record as global demand remained squeezed by the COVID-19 pandemic.

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Saudi Aramco Sticks to Dividend Pledge Despite Earnings Plunge

2020-08-10 11:20:00| OGI

Saudi Aramco is sticking with plans to pay $75 billion in dividends this year and CEO Amin Nasser said global oil demand was recovering.

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