Saturday , 7 February 2026

Recent Posts

Saudis slash oil pricing in sign demand recovery struggling

Bloomberg Saudi Arabia cut pricing for oil sales in October, a sign the world’s biggest exporter sees fuel demand wavering amid more coronavirus flare-ups around the globe. The kingdom’s state producer, Saudi Aramco, reduced its key Arab Light grade of crude by a larger-than-expected amount for shipments to Asia, its main market. It also lowered pricing for US buyers. Aramco …

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G20 ministers say education must continue amid Covid-19

RIYADH / WAM The G20 education ministers held a virtual extraordinary meeting to emphasise the central role of education in enabling people to seize the opportunities of the twenty-first century especially during the coronavirus pandemic, reported the Saudi Press Agency (SPA). The ministers expressed their support for individual and collective efforts to mitigate the unprecedented consequences of the novel coronavirus …

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Green hydrogen in EU may add cost

Bloomberg Producing hydrogen from renewable power only could drive up its price over the coming decades as the gas becomes the low-carbon fuel of choice for the European Union. As the EU moves to aggressively cut carbon emissions across all sectors in order to hit climate neutrality by 2050, green hydrogen is seen as key to achieving that goal. Should …

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