Sunday, October 5, 2025

International Energy Agency sees low oil prices until 2020

The International Energy Agency says oil prices are likely to remain low over the next five years because of plentiful supply and falling demand...

Saudi Arabia sees robust oil fundamentals as rival output falls

Long-term oil market fundamentals remain robust but prolonged low prices could threaten security of supply and pave the way for a price spike, Saudi...

Saudi Arabia: Low oil price threatens future supply crisis

Leading crude oil exporter Saudi Arabia warned on Monday of a supply crisis after massive energy investments were cancelled because of the sharp decline...

Qatar energy minister says too early to predict OPEC outcome

It is too early to forecast the outcome of oil producer group OPEC's Dec. 4 policy meeting, Qatari energy minister Mohammad bin Saleh al-Sada...

OECD: Go green to save the world and the world economy

The OECD urged Monday nations to step up environmental investments to ward off not only catastrophic climate change but to give the global economy...

Oil price faces fresh downturn as Saudi and Russia tussle in Europe

A sales push by Saudi Arabia into north Europe's refineries, a step into rival Russia's backyard, piles fresh pressure on oil prices already struggling...

Saudi inventors win seven medals at iENA-2015 expo

Saudi inventors made a mark in an international exhibition, winning seven medals including two gold, three silver and two bronze for their brilliant innovations. Their...

Oil prices hit reverse as dollar jumps on US data

The oil market fell Friday, reversing earlier gains as the dollar surged on bright US jobs data that boosted hopes of a rate hike...

Oil prices rise

The oil market rose on Friday but gains were limited by the global supply glut and after the US Federal Reserve hinted at a...

Oil exports suspended from Libya oil terminal

Libya's National Oil Corp announced Thursday it had imposed a state of "force majeure" on one of the country's main oil terminals after exports...

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