Tag Archives: Persian Gulf Countries

Qatar and Russia have enjoyed a long history of strong bilateral trade relations.

Omani airline SalamAir. in a ceremony participated by Iranian Ambassador to Muscat Mohammadreza Nouri Shahroudi. celebrated the launch of its new flight route connecting Tehran to the capital city of the Arab country.

Saudi Arabia’s top oil official said he was sure that OPEC+ will extend production cuts into the second half of the year after holding talks with Russia.

OPEC is close to reaching an agreement to extend the production cut deal beyond its current expiry date at the end of June.

OPEC was close to agreeing to extend a pact on cutting oil supplies beyond June.

A year ago. in the enduring twilight of one of St. Petersburg’s famous white nights of summer. Saudi Arabia and Russia reached an agreement that set a new direction for the oil market.

The Kingdom is closely monitoring recent developments in the oil market.

Saudi Aramco has raised the price differentials for all of its five crude oil grades loading in July and bound for Asia.

Increasing trade friction and potential barriers would certainly have a negative impact on the global economy and oil demand growth.

Qatar is taking steps to proactively develop its solar power generation.