Category: Production

Oil Prices Surge by 6 Percent

Doha: Oil prices surged sharply on Thursday amid rising military tensions in the Middle East, affecting crude flows through Strait of Hormuz. Brent crude futures jumped USD 5.95, or 6.47 percent, to USD 97.93 per barrel after briefly surpassing USD

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Saudi Arabia, UK Discuss Energy Cooperation

Riyadh: Saudi Energy Minister Prince Abdulaziz bin Salman bin Abdulaziz and British Foreign Secretary Yvette Cooper, who is visiting Saudi Arabia, discussed on Thursday the prospects for cooperation between the two countries in various fields, particu…

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