Arabia

When China and Saudi Arabia meet, nothing matters more than oil |  CNN Business

When China and Saudi Arabia meet, nothing matters more than oil | CNN Business

hong kong CNN Business — Chinese President Xi Jinping is visiting Saudi Arabia this week for the first time in nearly seven years, during which he is expected to sign billions of dollars in deals with the world’s biggest oil exporter and meet with leaders from across the world. Middle East. The visit is a …

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Oil rebounds to 10-month low after Saudi Arabia denies OPEC supply boost report

Oil rebounds to 10-month low after Saudi Arabia denies OPEC supply boost report

Oil prices rebounded from a 10-month low on Monday after Saudi Arabia “categorically” denied a report that OPEC was considering a production boost that would help counter the loss of Russian supplies. Brent crude, the international benchmark, fell 6% to $82.79 a barrel, before narrowing its slide to 2%, to trade at $85.95. West Texas …

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