Daily Updates

DME Oman crude up over 100% since production cuts implemented
Oman crude oil Benchmark trading on the Dubai Mercantile Exchange, DME, has doubled in price sinc
Read More
Saudi Aramco weighs pipeline stake sale to raise over US$10B
Saudi Aramco, the world’s largest oil producer, is weighing the sale of a stake in its pipe
Read More
India extends ban on domestic, international flights until May 31
The Indian government extended the ban on scheduled domestic and international passenger flights
Read More
National Bank of Oman reported a 21 percent drop
National Bank of Oman reported a 21 per cent drop in its first-quarter net profit as operating in
Read More
Saudi Arabia reports 2,840 new cases, 10 deaths
Saudi Arabia Saturday reported 2,840 new coronavirus infections across several cities, rais
Read More
Saudi Arabia Supports Private Sector to Remain Strong in Light of COVID-19
Saudi newspapers highlighted in their editorials today a number of issues at local, regional, and
Read More
Coronavirus recoveries in Saudi Arabia outpace new infections
Saudi Arabia on Friday announced 2,307 new coronavirus cases in the last 24 hours, bringing the t
Read More
Saudi Arabia Boosts Spending on Food to Cope With Virus
Saudi Arabia is stepping up its investments in local agriculture and farming projects abroad at a
Read More
Brazil Loses 2nd Health Minister In A Month Amid Chaotic Coronavirus Response
Brazil lost its second health minister in a month on Friday after President Jair Bolsonaro demand
Read More
Saudi Arabia and Russia committed to achieving oil market stability
Saudi Arabia and Russia vowed in a joint statement on Wednesday their commitment to oil market st
Read More
Indian PM Modi announces $250bn relief package for India
Indian Prime Minister Narendra Modi has announced a relief package worth more than $250 bil
Read More
UAE to cut oil output by 100,000 bpd in June
The UAE will voluntarily cut its oil output by 100,000 barrels per day in June in a bid to back S
Read More
Saudi Arabia records 1,966 new cases
Saudi Arabia’s confirmed coronavirus cases continue to increase with 1,966 new cases confir
Read More
India: Former Prime Minister Manmohan Singh in hospital
Manmohan Singh, India’s former In prime minister was admitted to Delhi's AIIMS (All Ind
Read More
Iran’s IRGC Accidentally Fires Missile Killing 19 During Naval Exercise
Nineteen sailors were killed and 15 others injured in the Gulf of Oman when an Iranian missile fi
Read More