Monday , 27 April 2026

Recent Posts

Saudi Arabia’s exports rise on higher oil prices

  Bloomberg Saudi Arabia’s exports soared in October as the world’s biggest oil exporter benefited from higher crude prices. The value of exports jumped to 106.2 billion riyals ($28 billion) from 55.9 billion riyals a year ago, according to the kingdom’s General Authority for Statistics. The share of oil in total exports rose to 77.6% in October from 66.1%. Saudi …

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Exxon cuts Baytown refinery rates after extinguishing fire

  Bloomberg Exxon Mobil Corp says an overnight fire at its Baytown, Texas, refinery that injured four people has been extinguished. The blaze occurred at 1 am local time at the plant, which is the fourth-largest in the US, capable of processing more than half a million barrels of oil a day. Gasoline trading in New York jumped as much …

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Westons sell Selfridges to Thai joint venture for $5.4 billion

  Bloomberg The billionaire dynasty behind Selfridges & Co has sold the British department store operator to a Thai-Austrian joint venture for about 4 billion pounds ($5.4 billion) in one of the biggest UK retail deals in years. The Weston family said Central Group, which is owned by the Chirathivats, one of Asia’s wealthiest families, and Signa Holding of Austria, …

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