Saudi Arabia economy grew 3.9% in Q1 boosted by non-oil activities
DUBAI (Reuters) -Saudi Arabia’s economy grew by 3.9% year-on-year in the first quarter of 2023,...
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Crude prices up over 2% on rising U.S. oil demand and lower output
By Scott DiSavino NEW YORK (Reuters) -Oil prices mostly rose over 2% on Friday after...
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Oil drops 2% on higher dollar, interest rate concerns
By Stephanie Kelly NEW YORK (Reuters) -Oil prices turned lower on Monday as the U.S....
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Exclusive-G7 coalition to keep Russian oil price cap at $60 per barrel -source
By Andrea Shalal WASHINGTON (Reuters) -The Group of Seven (G7) coalition will keep a $60...
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Factbox-Tesla cuts more prices in a bid to spur demand
(Reuters) – Tesla Inc on Friday slashed prices of its electric vehicles in Europe, Israel...
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Oil steady, notches 3rd weekly gain after shock OPEC+ cuts
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices were little changed on Thursday but posted a...
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OPEC+ announces surprise oil cuts; U.S. calls move inadvisable
By Maha El Dahan and Ahmed Rasheed DUBAI (Reuters) – Saudi Arabia and other OPEC+...
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US sees OPEC+ output cuts as unadvisable
(Reuters) – The Biden administration said the surprise oil output cuts announced on Sunday by...
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Oil dips on profit taking, markets debate supply tightness
By Arathy Somasekhar HOUSTON (Reuters) -Oil edged lower on Wednesday in choppy trading as investors...
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U.S. Supreme Court turns away challenge to Trump’s tariffs on steel imports
By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court on Monday declined to hear...