Saudi Arabia

Saudi Aramco weighs pipeline stake sale

Saudi Aramc is weighing the sale of a stake in its pipeline unit to raise money amid a slump in crude prices, according to people familiar with the matter. Aramco may need to raise cash this year as it confronts a historic rout in …

Oil for $1.75 a barrel?

The long-term ramifications of the COVID-19 outbreak on the oil industry could be significant and long-lasting

Saudi king imposes curfew to curb coronavirus spread

Saudi Arabia imposed a nationwide curfew starting on Monday after reporting a jump of almost a quarter in coronavirus cases, while the United Arab Emirates will suspend all passenger and transit flights to and from the country. Saudi …

Saudi Arabia suspends work in private sectors

Saudi Arabia suspended work in private sectors except health and food services for 15 days, state news agency reported on Wednesday. Saudi Arabia has reported 171 cases of coronavirus so far, and has taken measures to limit the …

Dollar exchange rate exceeds 72 rubles on Moscow Exchange

The dollar exchange rate gained 6.4% since its previous closure on the Moscow Exchange as Tuesday trading opened to 72.99 rubles, exceeding the 72 rubles mark for the first time since March 2016, according to the trading data as of 10:00 am …