Saudi Arabia will extend ongoing restrictions on gatherings, entertainment activities and events by another 20 days in response to a worsening of the Covid-19 situation in some regions of the kingdom. ...
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The UK's economy contracted by a record 9.9pc last year as a result of the Covid-19 pandemic, the Office for National Statistics said today. ...
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Bahrain has reintroduced a host of new, more strict, Covid-19-related restrictions starting today in an effort to contain the spread of the virus following a sharp rise in daily cases since late January. ...
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Saudi Arabia's crude oil exports rose for a fifth consecutive month to a seven-month peak of 6.35 million barrels per day (bpd) in November 2020, official data showed on Wednesday. ...
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Saudi Arabia's crude exports rose to a seven-month high in November and, with production capped by the OPEC+ agreement, domestic stockpiles ended the month at a 17-year low, according to data from the Joint Organisations Data Initiative. ...
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Russia has held its position as the world's second-largest crude oil producer for the seventh month in a row, according to November figures published by the Joint Organisations Data Initiative (JODI) on Wednesday. ...
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Saudi Arabia will remove all restrictions on movement in and out of the country from 31 March in a move that should boost regional demand for transport fuels — none more so than for jet fuel, which has been most impacted by the Covid-19 virus and the restrictions that have been imposed globally to curb its spread. ...
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Saudi Arabia’s $3 billion insurance premium to protect against falling oil prices will end up being a lot smaller than it seems at first sight. That holds even if demand turns out to be stronger than the kingdom seems to fear. ...
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The UK government today tightened lockdown restrictions in England as the Covid-19 pandemic worsens, with the new measures likely to be in place until at least mid-February. ...
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Saudi Arabia has extended a ban on movement in and out of the country for another week amid lingering fears over the spread of new, more infectious strains of the Covid-19 virus. ...
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The Organisation of the Petroleum Exporting Countries (OPEC) has said the global oil sector will need a cumulative investment of $12.6 trillion in the upstream, midstream and downstream through to 2045. ...
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Saudi Arabia’s oil exports increased in October for the fourth month in a row, hitting the highest level in five months. ...
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The UK's transport ministry has announced new quarantine rules, potentially providing a much-needed boost to the country's air travel demand. ...
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Saudi Arabia's middle distillate production in September fell 18% year on year -- marking its lowest level in seven months -- as domestic refiners reduced run rates amid sluggish demand, data from the Joint Organisations Data Initiative showed. ...
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Saudi Arabia’s oil exports continued to rise in September 2020 for the third consecutive month amidst improvement in crude and oil products exports. ...
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Russia has held its position as the world's second-largest crude oil producer for the fifth month in a row, according to September figures published by the Joint Organisations Data Initiative (JODI) on Wednesday ...
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Austria will transition into a full lockdown next week after a partial curfew introduced earlier this month failed to slow the rise of new Covid-19 infections in the country. During the first lockdown Austria's gasoline demand fell by 29pc in March to 25,000 b/d, compared with 35,000 b/d in February, and by a further 36pc month-on-month in April to 16,000 b/d ...
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China’s crude oil imports fell by 4.88 percent last month from a month earlier, data analytics provider OilX reported. At 10.96 million bpd, imports were more than 560,000 bpd lower than the average for September. On an annual basis, however, the October average was higher, by 3.47 percent or 367,000 bpd. ...
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Saudi Arabia produced a record volume of natural gas earlier this year, the Kingdom’s state oil giant Aramco said in its Q3 results release on Tuesday, as the world’s top oil exporter looks to boost its position in natural gas. ...
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China’s crude oil imports have fallen in recent months from their record high of nearly 13 million barrels per day (bpd) in June, although imports continue to be considerably higher compared to last year’s monthly levels, data from the Joint Organisations Data Initiative (JODI) showed. ...
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Saudi Aramco’s greater focus on developing natural gas resources paid off with record daily output of the fuel -- but it still wasn’t enough to keep the kingdom’s power plants supplied when they needed it most. ...
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Saudi Arabia will allow people from outside the kingdom to perform the Islamic Umrah pilgrimage from 1 November as part of a phased resumption, providing a boost to subdued transport fuel demand in the country. ...
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State-owned Saudi Arabian Airlines will resume services to 33 international destinations next month as part of a phased return to pre-pandemic operation levels by early 2021. ...
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Saudi Arabia’s oil exports (crude and petroleum products) grew for the second consecutive month in August 2020 after they had fallen to their lowest on record in June at 7 million barrels per day (b/d). ...
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Russia has once again retained its position as the world's second-largest crude oil producer, according to August figures published by the Joint Organisations Data Initiative (JODI) on Monday. ...
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