Falling Oil Prices Cause Saudi Aramco’s Profit to Slip 19 Percent
But at nearly $32 billion, the oil giant’s quarterly earnings still far exceeded those of Western rivals, and it announced an increase in dividend payments.
Posted inCouples, Fred DP World Tour Golf Johnson, Dustin Koepka, Brooks LIV Golf Masters Golf Tournament McIlroy, Rory Mickelson, Phil Norman, Greg PGA Tour Inc Rahm, Jon (1994- ) Saudi Arabia Scheffler, Scottie (1996- ) Smith, Cameron (1993- ) Sovereign Wealth Funds
A New Twist for the Tradition-Bound Masters: The LIV Golf Era
LIV, Saudi Arabia’s breakaway league, split men’s professional golf. Now, the drama is coming to one of the sport’s most hallowed stages.
Posted inInflation (Economics) Oil (Petroleum) and Gasoline Organization of the Petroleum Exporting Countries Prices (Fares, Fees and Rates) Saudi Arabia
Oil Prices Jump After Surprise OPEC Production Cut
Adding to global economic uncertainties, oil prices rose about 5 percent on Monday after Saudi Arabia and other major producers announced a surprise cut in crude production.
Posted inCoronavirus (2019-nCoV) International Trade and World Market Oil (Petroleum) and Gasoline Organization of the Petroleum Exporting Countries Prices (Fares, Fees and Rates) Russia Russian Invasion of Ukraine (2022) Saudi Arabia Saudi Aramco
In Surprise, OPEC Plus Announces Cut in Oil Production
Oil prices soared 7 percent on Sunday night after the group’s move to cut 1.2 million barrels a day.