While depression spread from Coronavirus, Oil comes off lows as hopes of OPEC cut

Reuters News Agency reported that oil prices rebounded more than $1 a barrel after earlier hitting multi-year lows on Monday, as hopes of a deeper cut in output by OPEC and stimulus from central ban

Oil prices fall to lowest in over a year, biggest weekly drop since 2016

SANAA, 28. Feb. 2020 (Saba) - Führer der Revolution Abdulmalik Badr Al-Din Al-Houthi bekräftigte, dass die Revolution vom 21. September die Amerikaner daran hinderte, ballistische Raketen

Sources: OPEC leaning towards larger oil cuts as virus hits prices, demand

Reuters news agency reported that several key OPEC members are leaning towards a bigger than previously expected oil output cut, four sources with knowledge of the talks said, as oil prices fell to

For 5th day, oil prices fall on demand concerns as coronavirus spreads

Reuters news agency reported that oil prices fell for a fifth day on Thursday to their lowest since January 2019 as a growing number of new coronavirus cases outside of China fuelled fears of a pand

Oil prices fall for fourth day as pandemic fears deepen

  Reuters News Agency reported that crude oil prices gave up early gains and slid for a fourth day on Wednesday as fears of a coronavirus pandemic deepened as the outbreak spread in several co

Sudden decision to cancel health quarries in Aden ...Yemeni gov't has no fear of Yemenis from Coronavirus

اضغط هنا لقراءة الخبر بالعربية As most countries of the world live on high alert to face the Coronavirus, Yemen appears outside the global swarm, as if it is immune from t

Steady oil prices on bargain-hunting; virus fears cap gains

Reuters news agency reported oil steadied on Tuesday as investors sought bargains after crude benchmarks slumped almost 4% in the previous session, although concerns about the coronavirus spreading

Diplomats: US blocking G20 mention of climate change in draft communique

The world’s financial leaders, G20 diplomats said that the United States is against mentioning climate change in the communique after a new draft of the joint statement showed the G20 are cons

Oil prices rise 2.5% with decline of Corona virus, US move over Venezuela

Reuters news agency reported that oil prices rose 2.5% on Wednesday as demand worries eased with a slowing of new coronavirus cases in China and supply curtailed by a U.S. move to cut more Venezuela

Oil prices fall as concerns over economic impact of Coronavirus slow

Oil prices fell on Tuesday on lingering concerns over the economic impact of the coronavirus outbreak in China and its effect on oil demand, tracking losses in financial markets, Reuters news agency

FANR say UAE's nuclear regulator issues operating license for Barakah plant

The deputy chairman of Federal Authority for Nuclear Regulation (FANR) said on Monday that the United Arab Emirates’ nuclear regulator has issued an operating license for the first reactor at

Oil prices fall of data pointers over impact of coronavirus on demand

Reuters News Agency reported that oil prices edged lower on Monday as investors brace for economic data in Asia due this week that should give a reading on how China’s coronavirus epidemic has

Sources say Qatar delays partnerships for natural gas expansion amid price collapse

Four sources said Qatar has delayed choosing Western partners for the world’s largest liquefied natural gas (LNG) project by several months after surprising the industry with a big expansion p

World’s 20 biggest economies (G20) meet on Feb. 22-23 in Riyadh to discuss tax rules

A document showed that europe wants the world’s financial leaders to make it their top priority this year to reach a deal on global rules for taxing digital giants like Google , Amazon and Fac

Gasoline prices increases in Yemen' Aden

Local sources said that the Yemeni Petroleum Company (YPC) in Aden Governorate, south of the country, decided to raise the prices of gasoline starting Friday. The sources added that the company beg

Steady oil prices, set for weekly gain on hopes for supply cut

Reuters news agency reported that oil prices were steady on Friday, but set for their first weekly gain in six weeks on the assumption that major producers will implement deeper output cuts to offse

Lebanon asks IMF technical help on economy to avoid financial collapse

Lebanon on Wednesday formally asked the International Monetary Fund’s technical help in shoring up its economy to avert financial collapse. IMF spokesman Gerry Rice said in a statement: &ldqu

Oil prices rise as coronavirus impact may spur output cuts

Reuters news agency reported that oil prices rose for a third day on expectations that major producers are likely to enact deeper output cuts to offset the slump in demand caused by the coronavirus