Global Oil Giants Intensify OPEC+ Production Cuts with Saudi Arabia and Russia Leading

Major oil-producing nations, primarily led by Saudi Arabia and Russia, are once again ramping up their voluntary crude supply cuts, according to recent announcements from the OPEC+ countries. The multinational organization confirmed on Sunday that several members are extending reductions, totaling around 2.2 million barrels a day. Saudi Arabia is taking the forefront by extending […]

Read More

Saudi Arabia sets up business councils with Slovenia, Singapore

RIYADH: Saudi Arabia has boosted business ties with Slovenia and Singapore as the Kingdom looks to develop trade links amid its economic diversification initiative Vision 2030. The Kingdom’s Minister of Economy and Planning Faisal Al-Ibrahim oversaw the signing of a memorandum of understanding to establish a dedicated business council with Slovenia during a trip to […]

Read More