Trump told Saudis: Cut oil supply or lose US military support - sources WASHINGTON/LONDON/DUBAI: As the United States pressed Saudi Arabia to end its oil price war with Russia, President Donald Trump gave Saudi leaders an ultimatum. In an April 2 phone call, Trump told Saudi Crown Prince Mohammed bin Salman that unless... Women 30 Apr, 2020
Mideast economies take massive hit with oil price crash BAGHDAD: Iraq is planning painful cuts in social benefits relied on by millions of government workers. Saudi Arabia will likely have to delay mega-projects. Egypt and Lebanon face a blow as their workers in the Gulf send back less of the much-needed... 27 Apr, 2020
NOC importing fuel on necessity basis as demand slumps Kathmandu, April 5 The Motihari-Amlekhgunj oil pipeline is operating under capacity following the slump in fuel demand in the domestic market owing to the obstruction in vehicular movement and as most industries remain closed amidst the ongoing... 06 Apr, 2020
Venezuela delays state elections to 2017, opposition angry CARACAS: Elections for Venezuela's state governorships will be held in 2017 rather than December as expected, the election board said on Tuesday, giving the unpopular socialist government more breathing space before going to the polls. Critics... Women 19 Oct, 2016
Asian shares recover after Apple, oil boost Wall Street TOKYO: Asian shares recovered from two-month lows on Tuesday after a rebound in technology giant Apple Inc and oil price gains boosted Wall Street. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.8 percent, extending the... 17 May, 2016
US economy loses momentum in Q4 Washington, January 29 The US economy slowed sharply in the fourth quarter of last year to a 0.7 per cent pace of growth, due to the oil price crash and the strong dollar’s drag on exports. Consumer spending slowed somewhat but spending on... 30 Jan, 2016
Oil price rout forces companies to slash $170 billion in projects from 2016-20 Singapore, January 14 Oil and gas projects worth $380 billion have been postponed or cancelled since 2014 as firms slash costs to survive the oil price crash, including $170 billion of projects planned between 2016 and 2020, energy consultancy Wood... 15 Jan, 2016
