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Russia, Saudi Arabia At Odds over Oil Cuts Ahead of OPEC+ Meeting: Reports
2021-02-22 19:00:00| OGI
Key questions for the OPEC+ meeting will be whether Saudi Arabia rolls back its voluntary cut of 1 million bbl/d and whether there is room for an additional increase in supply from the whole oil producer group.
Tags: reports
meeting
oil
ahead
Saudi Arabia Set to Raise Oil Output, Reversing Recent Production Cut: Reports
2021-02-17 23:25:00| OGI
Saudi Arabia is expected to announce its plans when a coalition of oil producers meets next month, according to a WSJ report on Feb. 17, adding that the output rise wont kick in until April.
Tags: set
recent
reports
production
Middle East 5G: Omantel 5G launch, Saudi Arabia coverage boost
2021-02-12 01:00:00| Total Telecom industry news
2021 has started on a positive light for Middle Eastern 5G, with both Saudi Arabia and Oman marking significant milestones this month. In Oman, Omantel became the first telco in the Sultanate to launch commercial mobile 5G. The operator launched 5G services for fixed home broadband in December 2019…read more on TotalTele.com »
Tags: east
middle
middle east
coverage
Oil Prices Rise to 11-month High after Saudi Arabia Pledges Unilateral Output Cut
2021-01-06 11:15:00| OGI
WTI futures in the U.S. climbed as much as 0.6% to $50.24/bbl, also the highest since Feb. 26, before slipping to $49.96. The contract on Jan. 5 closed up 4.6%.
Saudi Arabia Deepens Cuts as OPEC+ Agrees Oil Output Rollover
2021-01-05 19:00:00| OGI
Saudi Arabia is going beyond its promised cuts as part of the OPEC+ group of oil producers to support both its own economy and the oil market, the countrys energy minister says.