Oil climbs to $53 as Saudi Arabia promises further cuts

Oil prices rose on Thursday lifted by a sustained decline in inventories and Saudi Arabia’s preparedness…

OPEC output rises in July

Crude oil production by OPEC members increased slightly in July, including Saudi Arabia, which had championed…

Bahri pushes for Saudi Arabia’s entry into IMO Council

The National Shipping Company of Saudi Arabia (Bahri) is leading a push for Saudi Arabia to…

Saudi Arabia deports 198 Nigerians 

198 Nigerians, made up of men, women and children, have been deported from the Kingdom of…

Saudi Arabia revokes Qatar Airways licence

Saudi Arabia on Tuesday revoked the operating licence of Qatar Airways and ordered the airline’s offices…

Qatar Airways suspends all flights to Saudi Arabia

Qatar Airways said on Monday it had suspended all flights to Saudi Arabia as a major…

NDLEA arrests woman attempting to smuggle cocaine to Saudi Arabia

Officials of the National Drug Law Enforcement Agency (NDLEA) at the Murtala Muhammed International Airport (MMIA)…

OPEC set to prolong oil cuts as delegates predict smooth meeting

OPEC will likely agree to extend production cuts for another nine months, delegates said on Tuesday…

OPEC panel looking at deepening, extending oil cuts -Sources

An OPEC panel reviewing scenarios for the oil producer group’s meeting next week is looking at…

Saudi Arabia ratifies BWM treaty

Saudi Arabia has become the latest State to become a Party to the Ballast Water Management…

Oil prices extend gains

Oil prices gained further Tuesday, boosting energy companies’ shares, after Russia and Saudi Arabia indicated they…

Equatorial Guinea says has crucial Saudi support for OPEC membership bid

Africa’s third-biggest oil producer Equatorial Guinea said on Thursday it had crucial support from Saudi Arabia…