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Saudi Arabia News

PAGE 29

Oil hits 11-month highs on Saudi output cut pledge, equities rally

UBS raised its forecast for Brent to $60 per barrel by mid-year, following Saudi Arabia’s unilateral cut and expectations of a second quarter demand recovery as coronavirus vaccine rollouts should revive travel.

Published on Jan 8, 2021, 2:50 PM IST

Santosh in induced coma after Dakar crash

Photo of Indian motorcycle racer CS Santosh

Updated on Jan 7, 2021, 10:43 PM IST

Arab leaders agree to end Qatar standoff

South Korea will send a delegation to Iran to negotiate the release of a seized oil tanker and its crew, Seoul said on Tuesday,

Published on Jan 7, 2021, 12:39 AM IST

Saudi oil exports to US at zero for first time in 35 years

he absence of deliveries follows a slump in crude shipments to the US that left the desert kingdom in October.

Updated on Jan 6, 2021, 10:18 PM IST

India welcomes restoration of ties between Qatar and four other Arab states

Saudi Arabia's Crown Prince Mohammed bin Salman met Qatar's Emir Sheikh Tamim bin Hamad al-Thani during the Gulf Cooperation Council's (GCC) 41st Summit at Al-Ula in Saudi Arabia on Tuesday.

Updated on Jan 6, 2021, 9:41 PM IST

Gulf Arabs agree to restore Qatar ties but no word on OPEC role

The Gulf leaders made no mention of whether Qatar would rejoin the Organization of Petroleum Exporting Countries.

Published on Jan 6, 2021, 2:39 PM IST

Oil rises to 11-month high after Saudi Arabia pledges unilateral output cut

Meanwhile US crude oil inventories dropped by 1.7 million barrels in the week to Jan. 1 to 491.3 million barrels, data from industry group the American Petroleum Institute showed late on Tuesday.

Published on Jan 6, 2021, 2:33 PM IST

Saudi Arabia reopens borders with Qatar in US-backed deal

The decision to open land, air and sea borders comes ahead of a summit of regional leaders in Saudi Arabia on Tuesday.

Published on Jan 5, 2021, 2:29 PM IST

OPEC+ meets to discuss output hike with Saudi Arabia urging caution

The Organization of Petroleum Exporting Countries and its allies must decide whether to add more barrels to the market. They are currently idling 7.2 million barrels a day, or about 7% of world supplies.

Published on Jan 4, 2021, 9:56 PM IST

Saudi Arabia to lift entry ban linked to new coronavirus strain on Sunday

Travellers from other countries will have to spend three to seven days in self-isolation and also provide PCR test results.

Updated on Jan 3, 2021, 12:24 PM IST

Russia 2020 output at lowest in nearly a decade

Russia's President Vladimir Putin chairs a joint meeting of the country's State Council and the Council for Strategic Development and National Projects via a video conference call at the Novo-Ogaryovo state residence outside Moscow, Russia.

Published on Jan 2, 2021, 2:47 PM IST

Russia’s 2020 crude oil output at lowest in nearly a decade

In December, Russia produced 42.46 million tons, according to Bloomberg calculations based on CDU-TEK numbers.

Updated on Jan 2, 2021, 1:34 PM IST

New Year OPEC+ meeting to decide production levels

Before the pandemic, OPEC members were content with two summits per year at the organisation’s headquarters in Vienna.

Updated on Jan 2, 2021, 11:52 AM IST

Saudi-led coalition strikes at Yemen capital after attacks on Aden blamed on Houthis

At least 22 people were killed and dozens more wounded in Wednesday’s attack on Aden airport.

Published on Dec 31, 2020, 5:23 PM IST

US state department approves potential sale of 3,000 smart bombs to Saudi Arabia

US ambassador to Saudi Arabia John Abizaid and Saudi Arabia's Foreign Minister Faisal bin Farhan, greet Secretary of State Mike Pompeo and his wife Susan as they arrive at Neom Bay Airport in Neom, Saudi Arabia.

Published on Dec 31, 2020, 2:06 AM IST

Airport blasts kill 30 as unity govt lands in Yemen

Loud blasts and gunfire were heard at Aden’s airport shortly after a plane carrying the newly-formed Yemeni government arrived from Saudi Arabia

Published on Dec 31, 2020, 1:58 AM IST

16 dead in blast in Yemen’s Aden airport, 60 injured

Loud blasts and gunfire were heard at Aden’s airport shortly after a plane carrying the newly-formed Yemeni government arrived from Saudi Arabia

Updated on Dec 30, 2020, 8:24 PM IST

Covid-19 vaccination: Pfizer, Moderna deals hit roadblock

India has few logistics and cold storage chains that can support Pfizer’s requirement for keeping its vaccines at minus 70 degree Celsius, the price too, is a constraint.

Updated on Dec 30, 2020, 1:41 AM IST

Saudi FM to visit Pakistan next month to discuss bilateral issues

Back in August, the relationship between the two countries went haywire when Mehmood Qureshi openly rebuked the kingdom for its lack of support for Islamabad’s stance on the Kashmir issue.

Published on Dec 29, 2020, 5:19 AM IST

Saudi women’s rights activist sentenced to nearly 6 years

The judge reportedly ordered Al-Hathloul to serve five years and eight months in prison for violating anti-terrorism laws.

Published on Dec 28, 2020, 5:40 PM IST

Saudi Arabia extends suspension of international flights by another week

Saudi Arabia’s top aviation body on Sunday confirmed it will allow airlines operating in the Kingdom to fly out non-Saudi Arabian passengers.

Updated on Dec 28, 2020, 11:17 AM IST

Russia backs increase in oil output by Opec+ amid a pandemic: An explainer

Updated on Dec 26, 2020, 7:29 PM IST

Saudi Crown Prince gets Covid-19 vaccine

Saudi Arabia’s Crown Prince Mohammed bin Salman received the Covid-19 vaccine on Friday, state media reported.

Updated on Dec 26, 2020, 1:23 PM IST

Covid-19: Pfizer, Moderna testing vaccines on new strain

Lorries are seen parked on the M20 motorway, as EU countries impose a travel ban from the UK following the coronavirus disease (COVID-19) outbreak, near Ashford.

Updated on Dec 23, 2020, 5:56 AM IST

Oman to receive first batch of Covid-19 vaccine on Wednesday

Medical worker collects a swab sample from a passenger for a RT-PCR test at the Muscat international airport.

Updated on Dec 22, 2020, 8:14 PM IST

New Covid-19 strain in South Africa: Countries that announced flight suspensions

Germany, Turkey, Israel, Switzerland and Saudi Arabia have barred flights from South Africa to reduce the spread of the new mutation of the coronavirus.

Updated on Dec 22, 2020, 5:05 PM IST

Pakistan uses China’s financial assistance to repay Saudi loan

Representational photo.

Updated on Dec 22, 2020, 2:44 PM IST

News updates from Hindustan Times: 63 insurgents surrender in front of Assam CM Sonowal and all the latest news

Chief Minister of Assam, Sarbananda Sonowal, addresses a press conference.

Updated on Dec 22, 2020, 8:59 AM IST

Saudi Arabia suspends Air India, other flights for a week

Saudi Arabia, Kuwait and Oman were among the Gulf nations whose governments announced that they would ban entry and exit via their land and sea borders barring cargo movements and cancel commercial travel.

Updated on Dec 22, 2020, 10:11 AM IST

As countries suspend flights to and from UK, list of international airports to feel the most impact

The new variant of coronavirus is believed to spread faster than its previous strains.

Updated on Dec 21, 2020, 6:54 PM IST

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