Saudi Arabia Financial News
04.07 / 12:46
UPS
Citi
Indian
rights
Indian Oil Corp board to consider fundraising through rights issue on July 7; check details
Also Read: Explained | What does Saudi's oil output cut mean for India? Oil marketing companies had suffered significant losses in the first half of fiscal 2022-23 on high crude oil prices as a result of the Russia-Ukraine war. OMCs did not significantly increase retail prices last year even after crude reached a peak of $140 per barrel in March 2022. Due to this, the oil refiners registered losses as petrol and diesel rates have been unchanged since April 2022.
04.07 / 11:49
UPS
COMPOSITE
Tesla
DAX
Stock market today: Global stocks higher after Wall St hits 15-month high ahead of holiday
Global stock markets are mostly higher after Australia's central bank kept its key lending rate unchanged and Wall Street hit a 15-month high
04.07 / 11:49
Provident
CEO
Pool
hearing
PGA Tour is sending 2 executives to a Senate hearing as LIV cites conflicts
The PGA Tour is sending two leading figures to next week's Senate panel reviewing its surprise business agreement with the Saudi backers of LIV Golf
04.07 / 11:49
04.07 / 11:03
Cooper
Manufacturing
Remark
China’s Xi says countries share responsibility to promote growth, opposes decoupling
BEIJING — Chinese President Xi Jinping said Tuesday that Beijing opposes «decoupling and breaking links,» according to a CNBC translation of a Chinese-language state media readout.
04.07 / 10:23
Manufacturing
Crude oil higher; U.S. holiday limits trading ranges
Investing.com — Oil prices traded higher Tuesday as the decision by a series of top producers to cut supply has boosted sentiment, overshadowing concerns over slowing manufacturing activity.
04.07 / 10:23
04.07 / 05:55
UPS
MET
Man
VISA
COP
Pakistani woman, her 4 children illegally enter India to meet the man she met on PUBG; Here's what happened next
Arvind Kulkarni told TOI. Recently, the couple approached a lawyer and wanted consultion about her residency and legality of marriage. After growing suspicion on the woman, the advocate informed the local cops.
04.07 / 04:39
Reuters
NIFTY
Rupee opens 4 paise higher at 81.92 against the US dollar
Nifty traded at their record high levels. Meanwhile, crude oil prices held steady as markets weighed supply woes from cuts for August by top exporters Saudi Arabia and Russia against economic data that hinted at weak crude demand, Reuters reported.
04.07 / 02:13
UPS
Waves
Reuters
Manufacturing
economic data
Oil steady as markets weigh supply cuts against weak economic data
Brent crude futures were up 22 cents, or 0.3%, at $74.87 a barrel by 0033 GMT. U.S. West Texas Intermediate crude were at $70.06, up 27 cents, or 0.3%.
04.07 / 02:13
UPS
DOW
Tesla
NIFTY
VIX
GIFT Nifty up 5 points; here's what changed for market while you were sleeping
«We expect the uptrend in Indian equities to continue in the near term. Next week the market will take cues from economic data to be released locally as well as globally.,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services Option data suggests a broader trading range in between 19000 to 19600 zones while an immediate trading range in between 19100 to 19500 zones, Taparia said. Here's breaking down the pre-market actions:STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a muted startGIFT Nifty (Earlier SGX Nifty) on the NSE IX traded 2 points, or 0.01 per cent, higher at 19,441, signaling that Dalal Street was headed for muted start on Tuesday.
04.07 / 01:03
UPS
Indian
Indian crude imports from Russia dip in June
imports of crude oil from Russia fell 6.5% in June after reaching a record high in May, while those from Iraq, Saudi Arabia and the US increased, according to energy cargo tracker Vortexa. India imported 1.8 million barrels per day (mbd) of Russian crude in June. China imported 1.6 mbd of seaborne Russian crude in June, 12% more than in May, and Europe took 0.42 mbd, 28% more than in the previous month.
03.07 / 20:35
UPS
Manufacturing
Fighting
Oil ends down; Saudi, Russia cuts campaign drowned by factory slump
Investing.com — Right on cue, the Saudis came out to say their million-barrel cut for July will be extended to August and possibly September — maybe even infinitely. The Russians talked up their cuts too. But the announcements coincided with particularly bad global factory activity, sending crude prices lower.
03.07 / 16:07
CEO
Fighting
Backed
Two PGA tour officials to testify to US Senate panel about merger with Saudi-backed LIV
WASHINGTON (Reuters) -Two PGA Tour officials have agreed to testify before a U.S. Senate panel next week about the tour's merger with Saudi-backed LIV Golf, but LIV officials declined to appear, lawmakers said on Monday.
03.07 / 13:31
UPS
Target
Oil rallies on Saudi and Russian supply cuts for August
Saudi Arabia on Monday said it would extend its voluntary cut of one million barrels per day (bpd) for another month to include August, the state news agency said. Russia, seeking to nudge up global oil prices in concert with Saudi Arabia, will reduce its oil exports by 500,000 bpd in August, Deputy Prime Minister Alexander Novak said on Monday, further tightening global supplies. The cuts amount to 1.5% of global supply and bring the total pledged by OPEC+ oil producers to 5.16 million bpd.
03.07 / 12:25
UPS
Target
Reuters
CEO
Platform
Yellow
ADP
week
Commodities Week Ahead: Oil, Gold in Edgy Week of OPEC Rhetoric, U.S. Jobs
It’s July and OPEC — the Organization of the Petroleum Exporting Countries — is expected to make all the right noises and moves to try and “seize back” the narrative in oil. The trouble is the Fed will also have something to say this week on why it paused rate hikes at last month’s meeting. And then, there’s that all-important U.S. jobs report for May.
03.07 / 11:45
03.07 / 11:45
UPS
Career
Apple
Adidas
Forbes
PepsiCo
Net Worth
play
Soccer Legend Lionel Messi To Play for Inter Miami—Here’s Messi’s Net Worth
Superstar footballer Lionel Messi announced Wednesday he intends to play for Inter Miami, turning down offers from Barcelona and Saudi Arabia, in a move that shocked soccer fans around the world.
03.07 / 08:47
03.07 / 02:47
UPS
Target
Reuters
Manufacturing
RIG
Oil prices
Oil prices slip on global economic slowdown fears
Oil prices slipped in early Asian trade on Monday as global macroeconomic headwinds and possible further interest rate hikes from the U.S. Federal Reserves offset forecasts of tighter supplies amid OPEC+ cuts. Brent crude futures dropped 20 cents, or 0.3%, to $75.21 a barrel by 0044 GMT after settling up 0.8% on Friday.
02.07 / 12:33
UPS
Lowe's
Target
Reuters
CEO
Platform
Action
Weekly
Energy & precious metals - weekly review and outlook
Investing.com — It’s here: The July oil bulls have been waiting for. The July the Saudi oil minister plans to make a difference with, via an additional million barrels per day in output cuts. The July where some of the most optimistic forecasters for crude think it could set highs of $90 or more for a barrel of Brent.
breaking news about Saudi Arabia
What is the current situation in Saudi Arabia?
In Saudi Arabia, the spotlight is on local government initiatives that spark public discussion.
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We publish reliable reports about the situation in Saudi Arabia, based on information from regional journalists.
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The news landscape of Saudi Arabia is shaped by major cultural and social events, reflecting its unique context.
