Friday, July 10, 2020
Tags Middle east

Tag: middle east

Oil mixed as demand worries offset gains from output cut deal

NEW YORK (Reuters) - Oil prices were mixed on Monday, as the historic production-cut deal inked by major global oil producers was not enough...

Oil prices settle higher on stimulus package, fuel demand sinks

NEW YORK (Reuters) - U.S. crude prices settled higher on Wednesday, bolstered by progress on a massive pending U.S. economic stimulus package, even as...

Emirates asks pilots and cabin crew to take unpaid leave

DUBAI/MANILA (Reuters) - Emirates is asking pilots and cabin crew to take unpaid leave and rival Qatar Airways laid off about 200 staff in...

Major airline alliances call on governments for support due to coronavirus

DUBAI (Reuters) - The three major airline alliances - Star, SkyTeam and oneworld - on Monday jointly called on governments and stakeholders to extend...

Oil slumps below $30 a barrel as coronavirus spreads, OPEC rancor...

NEW YORK (Reuters) - Oil prices fell below $30 a barrel on Monday after the worldwide coronavirus outbreak worsened over the weekend, exacerbating fears...

Saudi Aramco’s 2019 profit down 21%, cuts spending

RIYADH/DUBAI (Reuters) - Saudi Arabia's state oil giant Aramco said on Sunday its 2019 profit fell almost 21% due to lower crude oil prices...

Factbox: Aramco 2019 profit drops, a week after shares fell below...

DUBAI (Reuters) - Saudi Arabia's state-run oil giant Saudi Aramco announced a drop in its 2019 profit of nearly 21% on Sunday, falling well...

Aramco to cut capital spending over coronavirus; 2019 profits plunge

DUBAI (Reuters) - Saudi Aramco on Sunday said it plans to cut capital spending in the wake of the coronavirus outbreak, and also posted...

Israel to use anti-terror tech to counter coronavirus ‘invisible enemy’

JERUSALEM (Reuters) - Israel plans to use anti-terrorism tracking technology and a partial shutdown of its economy to minimize the risk of coronavirus transmission,...

Take Five: Panic stations

(Reuters) - 1/TAPPING THE FED Recent blowouts in dollar swap prices are a sign economic lockdowns across the world are starting to...