West Texas Intermediate crude entered a bear market and Brent tumbled below $60 after U.S. petroleum inventories ballooned. raising fears of a glut as trade disputes threaten demand.
Read More »House Judiciary Launches Antitrust Investigation into Tech Giants
The House Judiciary Committee is launching a bipartisan investigation into whether large tech companies such as Facebook. Google and Amazon are using their vast market power to suppress competition.
Read More »Huawei Launches Pilot 5G Project with Major Russian Telecom Firm Amid US Trade Row
Blacklisted in the US and a number of Western countries. Chinese tech giant Huawei announced an agreement with one of Russia’s leading internet and mobile providers to develop 5G networks in Russia.
Read More »Along with Economic. Humanitarian Wars. US Wages A Scientific War Against Iran
Science diplomacy has long been recognized as one of the most powerful reconciliation tools and has a proven track record in building bridges and helping pave the way for cooperation on broader issues. especially between politically opposed countries.
Read More »Novatec`s Cooperation in China with Sinopec and Gazprombank
Chinese companies are investing in the development of Novatec’s LNG projects in the Arctic region of the Russian Federation.
Read More »Tillerson Supports U.S. Trade Goals. not Tactics
Tillerson supports the president’s trade objectives but may not support the tactical moves.
Read More »Oil Down amid Rise in US Inventories
OPEC. together with its allies. has been withholding production since the start of the year to prop up the market.
Read More »Growing Producer Consensus to Stabilize Market
The Kingdom is closely monitoring recent developments in the oil market.
Read More »Oil Prices Fall Amid Economic Slowdown
Other energy prices. like coal and gas. are also being hit hard by the downturn.
Read More »OPEC: Declining US Market Share Trend Continued in 2018
The group'.s total output declined by 1.3% last year.
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