Tag Archives: The News International (Newspaper)

Major oil producers except Mexico agreed to cut output in May and June by 10 million barrels per day, OPEC said on Friday, after marathon talks to counter a collapse in prices. The videoconference led by the Organization of the Petroleum Exporting Countries has been seen as the best chance …

The Saudi-led OPEC group of oil producers and their allies will meet on Monday via video conference, a source close to OPEC said on Friday, to seek to boost oil prices which have tumbled by two-thirds since the beginning of the year. Top world crude exporter Saudi Arabia on Thursday …

US President Donald Trump said he was ready to help resolve an escalating oil price war between Russia and Saudi Arabia that has helped push crude benchmarks to 17-year lows. The threat of a global recession triggered by the coronavirus pandemic had already hammered prices when Riyadh said last month …

Pakistan'.s LNG imports will roughly double by 2023.

Pakistan side has a training centre at Muzaffargarh and invited Russian side to participate in the same.

The pipeline will pass through shallow waters of Pakistan. India and Bangladesh and every country will get the gas from the pipeline as per requirements.

Moscow and Riyadh. a traditional US ally. have made a striking rapprochement in recent years.

The prospect of falling short of the $2 trillion valuation desired by Saudi rulers is widely considered the reason the IPO has been delayed.

Turkey will continue to buy natural gas from Iran.

Earlier it was reported that the U.S. Administration plans to impose sanctions against Nord Stream 2 project.