Oil Supply
(Search results - 3)WorldSep 26, 2019, 6:42 PM IST
US sanctions Chinese entities, its officials for importing Iranian oil
The US and Saudi Arabia have blamed Iran for providing artillery to Yemen's Houthi rebels who had claimed responsibility for the drone attacks on Saudi oil facilities that hit nearly 50% of the kingdom's global crude oil supply, despite repeated denial by Tehran.
BusinessSep 16, 2019, 1:52 PM IST
Oil prices rise over 15% after attack on Saudi facilities disrupts global supply
Saturday's coordinated drone strikes on key Saudi Arabian oil facilities cut out more than 5% of global oil supply and has caused oil prices to rise over 15%, the highest in four months
WorldNov 13, 2018, 3:52 PM IST
Oil prices fall as Trump raps OPEC's supply cut plan, global markets skid
Saudi Energy Minister Khalid al-Falih said on Monday the OPEC countries agreed there was a need to cut oil supply next year by around 1 million barrels per day ( bpd ) from October levels