Oil steadies after gains driven by trade optimism
Oil prices steadied on Tuesday as investors kept an eye on U.S. inventory data due later, following two days of gains on positive economic data and hopes for a Washington-Beijing trade deal.
Oil prices steadied on Tuesday as investors kept an eye on U.S. inventory data due later, following two days of gains on positive economic data and hopes for a Washington-Beijing trade deal.
Southeast Asian leaders, worried by the U.S.-China trade war, pushed for a deal on what could be the world's largest trade bloc on Sunday as officials worked behind the scenes to try to salvage progress following new demands from India.
Saudi Aramco, the Saudi state oil giant, said it posted a net income of $68 billion during the nine-month period ending on September 30.
Aramco, as Saudi Arabian Oil Co is usually known, is set to add another superlative to the list: the world's most valuable listed company.
A deal that would transfer control of a natural gas pipeline between Israel and Egypt is expected to be closed in the next few days, the companies said on Sunday.
Saudi Aramco said it does not expect a recent attack on its oil plants to have a material impact on finances and operations as it launched an initial public offering (IPO) on Sunday by announcing its intent for a domestic flotation.
Instacart's "gig" workers on Sunday will target the grocery shopping and delivery firm with a three-day work action aimed at disrupting service and forcing executives to fix inequalities in pay structures that they say are getting worse every year.
Saudi Arabia's state oil company kicked off its initial public offering (IPO) on Sunday by announcing its intention to float on the Riyadh bourse.
Saudi Arabia's state oil company kick-started its initial public offering (IPO) on Sunday, announcing its intention to list on the domestic bourse as the kingdom seeks to diversify and create the world's most valuable listed company.
Saudi Aramco's chairman Yasser al-Rumayyan said on Sunday the state oil giant would continue to meet its global oil supply demand after it lists on the Riyadh bourse.
Saudi Arabia's state oil company finally kick-started its initial public offering (IPO) on Sunday, announcing its intention to list nearly four years after Crown Prince Mohammed bin Salman first floated the idea.
The Saudi government is working to accelerate the listing process for Saudi Aramco's initial public offering on the Saudi stock exchange to around two weeks, an executive from NCB Capital said on Sunday.
Saudi Arabia's state oil company kicked off its initial public offering (IPO) on Sunday by announcing its intention to float on the Riyadh bourse.
By Rania El Gamal, Marwa Rashad, Saeed Azhar and Davide Barbuscia