Tag: Saudi Arabia
Why do most countries buy oil in U.S. dollars?
Oil prices have been rising this month, and on average rising all this year. Part of that is the expectation that summer demand will be...
Middle East investors back Southeast Asia-focused PE funds in diversification move
Middle Eastern institutional investors are keen to leverage the growing economies of Southeast Asia as they diversify their portfolios amid escalating tensions between China...
Oil producers led by Saudis extended supply cuts amid slack prices...
Saudi Arabia and allied oil producing countries on Sunday extended output cuts through next year, a move aimed at supporting slack prices that haven’t...
Saudi-based MDD concludesUSD26.6 million Series A funding Round
– Saudi-based MDD successfully concludes its Series A funding round, raising $26.6 million.
– The funding round signifies a significant milestone for MDD, showcasing investor...
Saudi Arabia raises Asia-bound flagship crude oil prices for the third...
Saudi Arabia raised the price of its flagship crude to Asia for a third consecutive month, as the kingdom tries to tighten the oil...
