Post Tagged with: "Saudi Arabi"
Commodities Corner: Why a Saudi Arabia-Russia deal to cut oil output would mean nothing without U.S. cooperation
360 Feedwire
A deal to rescue the oil market has to involve Saudi Arabia and Russia, but would not be complete without the cooperation from the United States, the world’s largest crude producer.
Oil prices on Friday posted their largest …
Saudi Arabia’s ACWA Power, Uzbekistan sign $2.5bn energy agreements
The agreements include the construction of a 1,500MW Combined Cycle Gas-Turbine power plant and a 500-1000MW wind farm
On Sunday, Saudi Arabia’s utility developer ACWA Power revealed that it had signed three agreements, potentially worth up to $2.5bn, …
Oil Rises More Than 2% on Firm Yuan, Expectations of More OPEC Cuts
From Reuters
Oil jumped more than 2% on Thursday on expectations that falling prices could lead to production cuts, coupled with a steadying of the yuan currency after a week of turmoil spurred by an escalation in U.S.-China trade tensions.…
