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Total 72 results found. Search for [ Saudi Arabia Russia price war ]

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Reuters
November 24, 2020
Brent crude rose 51 cents, or 1.1%, to $46.57 a barrel by 1322 GMT and hit a session high of $46.72, its highest since March 6. U.S. West Texas Intermediate crude gained 63 cents, or 1.5%, to $43.69


Reuters
November 8, 2020
Iran sanctions can be re-evaluated and then Iran will be back to the market, so again there would be oversupply and the current cut deal will be at risk


Reuters
July 27, 2020
The record imports follow a price war between Saudi Arabia and Russia, the world's top oil exporters, during March and April when the coronavirus pandemic dampened demand and caused a global fuel glut


Reuters
June 7, 2020
China was the main destination for Saudi exports in Q1, followed by Japan and India. China was also the main origin for Saudi imports


Associated Press
June 7, 2020
Algerian Oil Minister Mohamed Arkab, the current OPEC president, warned meeting attendees that the global oil inventory would soar to 1.5 billion barrels by the mid-point of this year


BusinessToday.In
New Delhi, April 21, 2020
Job losses in March jumped by 15,000 when ancillary jobs such as construction, manufacturing of drilling equipment and shipping are included in the list, as per a research consultancy firm BW Research


Nevin John
New Delhi, April 17, 2020
The Reserve Bank expects the value of the domestic currency to hover around Rs 75 against a dollar and Indian crude basket to about $35 per barrel during 2020-21


Reuters
New Delhi, April 13, 2020
Group, known as OPEC+, said it had agreed to reduce output by 9.7 million barrels per day (bpd) for May and June, after four days of talks and following pressure from US President Donald Trump to arrest the price decline


Reuters
April 8, 2020
Thursday's meeting between members of the Organization of Petroleum Exporting Countries (OPEC) and its allies, including Russia, is widely expected to be more successful than their gathering in early March


Reuters
April 2, 2020
Trump said at a news conference oil industry had been \"ravaged\", with oil prices having plummeted to 18-year lows amid a battle for market share between Saudi Arabia and Russia and fuel demand being slammed by coronavirus pandemic


Nevin John
New Delhi, April 1, 2020
Centre is using the breather to tank up fuel storage as well as India's strategic oil reserves


Reuters
April 1, 2020
U.S. President Donald Trump and Russian President Vladimir Putin agreed during a phone call to have their top energy officials meet to discuss slumping global oil markets


Rupa Burman Roy
March 30, 2020
Overall, 24 of 30 stocks on Sensex and 38 of 50 stocks on Nifty ended in the red. Barring FMCG and Pharma sector, all other indices closed in the red, with financials and realty ending 7% lower.


Reuters
March 30, 2020
The oil markets are enduring a twin shock of demand destruction caused by the coronavirus pandemic and the Saudi-Russia price war that is flooding markets with extra supply


Reuters
March 30, 2020
Central banks have mounted an all-out effort to bolster activity with rate cuts and massive asset-buying campaigns, which has at least eased liquidity strains in markets


Nevin John
New Delhi, March 28, 2020
There is no clarity on when Rs 1 lakh crore Saudi Aramco deal will be concluded amid coronavirus pandemic


Reuters
March 25, 2020
Still, demand for oil products, especially jet fuel, is falling worldwide as more governments announce nationwide lockdowns to curb the spread of the coronavirus, putting a lid on oil price gains


Reuters
March 24, 2020
U.S. crude rose $1.05 to $24.41 as of 2334 GMT


BusinessToday.In
March 23, 2020
Earlier this month, the Centre increased the excise duty on petrol and diesel by Rs 3 per litre each, which can help collect revenues up to Rs 39,000 crore annually


Reuters
March 20, 2020
U.S. crude oil prices rose more than $1 on Friday, extending steep gains from the previous session, after U.S. President Donald Trump said he would \"get involved\" in the price war at an \"appropriate time\"


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