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Riyadh – Mubasher: OPEC is ready to act on the market’s needs, while supply shortage is not certain, as the US stockpiles rose, Saudi Arabia’s energy minister Khalid al-Falih stated on Saturday.The US Energy Information Administration (EIA) r...
Mubasher: Merger and acquisition (M&A) deals in MENA have recorded their highest annual total value ever during the first three months of 2019, after the conclusion of the $70.4 billion merger between Saudi Armco and Saudi Basic Industries Corp. (SABI...
Abu Dhabi – Mubasher: The oil market will be “ripe” for price corrections towards the end of the month, UAE energy minister Suhail Al Mazrouei has said.He noted that this comes after a deal by members and non-members of the Organization of Pe...
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