Business and Economy

Saudi Arabia ready to extend oil cuts by OPEC+: Report | Business and Economy News

A fresh wave of COVID lockdowns may cause OPEC+ to extend cuts into May when it meets Thursday, Reuters reports.…

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War-torn Syria rations fuel amid ongoing closure of Suez Canal | Business and Economy News

Blockage of the Suez Canal by a stranded ship impacts oil imports to beleaguered Syria, which was already suffering from…

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Saudi oil giant Aramco’s profits plunge nearly 45% amid pandemic | Business and Economy News

COVID-19 took a heavy toll on Aramco but the company still made a profit of $49bn and will pay shareholders…

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