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Source: Live Mint (Bloomberg) — Saudi Arabia’s oil supply shock has set up a standoff with OPEC members who keep busting their quotas, but the biggest of the offenders has yet to flinch. Kazakhstan — whose persistent flouting of production limits triggered Riyadh’s ire — continues to pump as usual at the biggest oil fields…
Source: Live Mint Saudi Arabia stocks gained on Monday, April 7, amid a global market crash due to the rising tensions over the Trump tariffs which loomed over stock market investors worldwide. The benchmark stock index of the Kingdom of Saudi Arabia, the Tadawul All Share Index (TASI), is trading 0.67 per cent higher at…
Source: Live Mint (Bloomberg) — Saudi Arabia slashed its flagship oil price by the most in more than two years, just days after the OPEC alliance announced an unexpectedly large output hike. State producer Saudi Aramco will lower Arab Light crude to its biggest buyers in Asia by $2.30 a barrel for May, according to…
Source: Live Mint LAUNCESTON, Australia, – Saudi Arabia clawed back market share of Asia’s crude oil imports in November, while Russia surrendered some of its barrels in what may be an early sign of a shift in market dynamics. Asia’s imports from Saudi Arabia, the world’s biggest crude exporter, rose to 5.83 million barrels per…
Source: Live Mint Saudi Arabia’s wealth fund sold part of its stake in the kingdom’s main mobile-phone operator for about $1 billion, the latest step in its efforts to raise cash for the government’s economic transformation plan. The Public Investment Fund sold 100 million shares in Saudi Telecom Co., or a 2% stake, at 38.6…
Source: Business Standard 2 min read Last Updated : Oct 15 2024 | 3:59 PM IST Biz2X, a digital lending SaaS platform and subsidiary of Biz2Credit, on Tuesday said it has surpassed Rs 9,000 crore mark in loan disbursements. One of the company’s key growth drivers is its AI-integrated digital lending platform, DigiKred,…
