Saudi Arabia oil exports fall $11 bln - Blog View - Elmosafer

Categories

Tags

#Some return to work as lockdown eases slightly in England

#What is the UK's GDP?

#England lockdown eased as data shows economy hit

#West Belfast plan for 650 homes submitted

#Social distancing grant needed for small firms

#House moves and viewings to resume

#Hard decisions over the economy loom

#Economic crisis is going to last for months

#P&O ferry operator job cuts

#Decision time for the furlough scheme

#What should my employer do to keep me safe؟

#Power NI's 5% electricity price cut 'too little too late'

#UAE economy has ‘greater ability’ to grow than others

#Emirates announces flights between Dubai

#UAE and 9 cities from May 21

#Ford to restart UK engine output next week

#UK’s slump begins with output down by 5.8

#25 pct drop in container demand

#predicts megashipper A.P. Moller-Maersk

#Russia committed to oil market stability

#Lebanon charges 12 people including officials over tainted fuel

#OMV sees hope for oil price recovery following output

#Saudi Cabinet urges more oil cuts from OPEC+ members

#Norway plans to spend a record 420 billion

#Six industries crying out for help

#High Streets see 'fastest ever' footfall drop

#French arrivals exempt from UK quarantine plans

#Morrisons cuts petrol price to below £1 a litre

#We feel so lost' - Young face job despair

#India announces $264bn economic rescue package

#Moving home allowed as curbs lift on estate agents in England

#Self-employed grant scheme to open to applications

#Chancellor Rishi Sunak warns of 'significant recession'

#UK economy is heading towards its deepest recession on record

#Coronavirus bounce back 'could be fast'

#Bank of England warns of sharpest recession on record

#Public consultation on application for rig-site geophysical survey in south-west Kinsale

#Ballycotton and Seven Heads Gasfields by PSE Kinsale Energy Limited (Kinsale Energy

#Public Consultation on Application for shallow geological survey at Kinsale Alpha and Bravo Platforms by PSE Kinsale Energy Ltd

#Public consultation on application for consent to conduct an offshore survey and replacement works at Corrib Well P6

#Corrib Field by Vermilion Exploration and Production Ireland Limited (VEPIL

#Public consultation on application for consent for a site survey at Barryroe

#North Celtic Sea

#South West Coast

#Ireland proposed by Exola DAC

#Consultation on the Transposition of the Circular Economy Waste Package

#Public Consultation Waste Action Plan for a Circular Economy

#Public Consultation to Inform a Policy Framework for the Development of District Heating in Ireland

#Public Consultation on the Draft RESS Terms and Conditions

#'Split-Incentive Problem’ Public Consultation on Removing Barriers to Energy Efficiency in the Rental Sector by Addressing the 'Split-Incentive Problem

#Public Consultation on Ireland’s Long-term Strategy on Greenhouse Gas Emissions Reduction

#Consultation on Wild Salmon and Sea Trout Tagging Scheme Regulations 2019 and Conservation Measures for 2020 Season

#Public Consultation on the Proposed Introduction of New Environmental Levies

#Public Consultation on the Biofuels Obligation Scheme

#Decommissioning - Certain facilities-Kinsale Head Petroleum Lease area Published 12 August 2019 Decommissioning of certain facilities within the Kinsale Head Petroleum Lease area

#Draft National Adaptation Plan for Communications Sector Published 31 July 2019 Public Consultation on the Draft National Adaptation Plan For the Communications Sector (Broadcasting and Telecommunications)

#Consultation on Conclusion of the NBP Mapping Exercise for the Intervention Area

#Public consultation on an application for consent to conduct a site survey (Edgeworth Prospect) proposed by Europa Oil and Gas (Ireland East) Ltd

#who currently hold Frontier Exploration Licence FEL 1/17

#Public Consultation on an application for consent for a site survey (Kiely East Prospect) by Europa Oil and Gas (Ireland West

#Public Consultation on the Implementation of the Clean Energy Package Published 17 October 2019 Public Consultation on the Implementation of the Clean Energy Package

#Public Consultation on the Proposed New Environmental Levies Published 06 November 2019 Review of the Environment Fund led to proposed introduction of new environment levies

#European Union and Vietnam sign trade deal

#UK PM Johnson to announce laws to prevent foreign takeovers posing national security

#UK coronavirus quarantine plan ‘wholly unjustified

#Algeria says trade deficit deepens on lower energy revenue

#North Korea’s Kim stresses self-sufficient economy

#Coronavirus drugmaker AstraZeneca approached Gilead for merger

#South Korea plans $828 million assistance for Korean Air

#China imports plunge 16.7 pct y-o-y in May

#IMF says Egypt has agreed to $5.2 billion aid package

#G20 members pledge over $21 bln to fight coronavirus

#American airlines

#United add flights as demand recovers

#Oman is setting up the Oman Investment Authority

#Lebanon aims to unify financial loss figures

#discounting of air fares poses further threat to profit

#Warner Music raises $1.9 billion

#coalition partners approve 130 bln euro

#UK-based HSBC says it supports China’s security law for Hong Kong

#UK government warns British Airways over aggressive job cut program

#if coronavirus damage to global transport is permanent

#Egypt business conditions decline slows

#Germany’s Merkel struggles to resolve differences over $110 bln stimulus

#Abu Dhabi’s Jubail Island awards $54 million contract

#Branson might sell more Virgin Galactic shares to support Virgin Group

#Sharjah initiates $1.09 bln fiscal support

#India plans to offer $6.6 billion in incentives to attract smartphone makers

#Qatar Airways chief tells Airbus

#Boeing to allow new aircraft

#Syrian stock exchange

#Russia’s coronavirus economic stimulus to cost $72.7 billion

#Merkel seeks second stimulus worth up to $112 billion

#World’s biggest jewelry firm Pandora goes green

#Saudi Arabia remittances increase in Q1

#Dubai’s Bayut

#Dubizzle owners

#forming $1 bln unicorn start up

#Palestinian economy could shrink by 11 pct

#India’s credit rating cut to lowest investment

#China stops buying US agriculture products

#India aviation regulator tells airlines to keep middle seat vacant

#Indian billionaire Uday Kotak aims to sell bank stock for $919 million

#Saudi Arabia announces $13.3 billion stimulus for banking sector

#West Bank poor may double over coronavirus pandemic

#New York finance industry won’t recover until 2026

#Airbus to assess additional output cut measures

#Nearly half of UAE residents rank life insurance

#EU trade chief Hogan considering candidacy for WTO director-general post

#France plans stimulus for aerospace industry

#UAE retailers need to ‘be bold

#French investment giant Natixis opens in Saudi Arabia

#Japan will only back Lebanon IMF bailout

#Abu Dhabi’s economy to contract by 7.5 pct in 2020

#Saudi Arabia provided $40 bn from foreign reserves to PIF

#Oil prices dip reversing earlier gains

#foreign mercenaries enter Sharara oil field

#Saudi Arabia will be the biggest oil producer all the way to 2050:

#Saudi Arabia to unveil solar project with cheapest power ever

#Oil slides below $40 on high US crude inventories

#Oil prices up after Trump assurance that China trade deal ‘fully intact’

#Abu Dhabi’s ADNOC sells $10 billion natural gas pipeline stake to global investors

#Saudi Aramco says SABIC megadeal is ‘key pillar’ in growth strategy

#Oil output from Saudi–Kuwaiti neutral zone to resume July 1

#Oil at $42 as prospects for better OPEC+ deal compliance buoy market

#Saudi Aramco to use cash

#debt to pay its $18.75 bln dividend: CEO

#fuel demand will remain ‘under pressure’ for rest of 2020

#SABIC to keep identity and governance after $70 bln Aramco acquisition

#Saudi Arabia’s oil giant Aramco completes $70 billion SABIC megadeal

#Iraq’s June oil exports fall 8 pct

#gets closer to OPEC+ output cut target

#UAE confident that OPEC+ countries with poor compliance to cuts will meet commitments

#Qatar Petroleum cuts 800 staff amid coronavirus downturn

#Oil major BP to write off billions of dollars as coronavirus slashes crude demand

#Iran’s oil revenues fell steeply from $100 bln to $8 bln in 2019

#Saudi Arabian oil market share set to hit highest mark since 1980s

#Oil prices slump on US inventories

#economic growth worries

#Italy sign deal on demarcating maritime zones

#Oil drops to near $38 as data indicates US crude stockpiles jumped Oil pump jacks operate at sunset in Midland

#US. (File photo: Reuters)

#Libya’s Sharara oil field shuts down only days

#Iraq’s new oil minister affirms commitment to the OPEC+ cut deal

#Abu Dhabi raises crude prices following OPEC+ output cut extension

#Ethiopia to resume giant Nile dam talks Tuesday

#Libya’s NOC says initial El Feel oil output 12

#full capacity in 14 days

#Tunisia cuts fuel prices for the third consecutive month

#Energy giant BP announces 10

#000 staff cut amid coronavirus pandemic

#Norway plans to keep oil output cuts unchanged following OPEC+ extension deal

#Kuwait voluntary oil cuts were only for one month: Saudi Energy Minister

#Saudi Arabia oil exports fall $11 bln

#Libya’s biggest oil field to resume production after five-month hiatus

#Mexico refuses OPEC+ oil output

#OPEC+ endorses one-month extension to oil cuts

#OPEC+ set to approve July oil production cuts

#Iran approves Amirhossein Zamaninia as OPEC governor

#OPEC and allies most likely to agree 1-month extension to output cuts

#Nigeria says it is ready to compensate for oil overproduction

#Russia’s Novak says oil market may see 3-5 million bpd shortage in July

#Too early to tell if coronavirus damage to global transport

#OPEC+ oil cut extension is a victory for Saudi Arabia

#US welcomes the resumption of oil production

#Saudi Arabia raises oil-selling price as OPEC+

#Libya restarts second oil field

Archives

2020

Saudi Arabia oil exports fall $11 bln

Posted by aseelhlu July 7, 2020 - Filed in Energy - #Saudi Arabia oil exports fall $11 bln - 536 views

The value of Saudi Arabia’s oil exports plunged by 21.9 percent year on year in the first quarter to $40 billion, corresponding to a decline of about $11 billion, official data showed on Sunday.

Brent crude prices fell more than 60 percent in the quarter hurt by the coronavirus pandemic and an oil price war between Saudi Arabia and Russia following the collapse in March of talks on further production cuts.

The decline in oil exports was the main reason behind a 20.7 percent decline in the value of overall merchandise exports in the first quarter, the General Authority for Statistics said on Sunday.

Non-oil exports, including chemicals and plastics, fell by 16.5 percent, it said.