Oil Spike Pushes US Stocks Higher

U.S. markets closed higher Thursday, as a record jump in the rise of the price of a barrel of oil offset bad unemployment news.  The Dow Jones industrial average, S&P 500 and Nasdaq Composite Index were all up 2%.    Major indexes in London, Frankfurt and Paris were

Trump: Russian And Saudi Will Solve Their Differences On Oil Prices

Baghdad, US President Donald Trump said: Russia and Saudi Arabia will solve their differences on the issue of oil prices in the next few days. “I think Russia and Saudi Arabia will work to find a solution to the issue

Global Oil Prices Slightly Rise

Baghdad, Trading data revealed, today, Thursday, an increase in oil prices, due to an increase in Brent crude oil and West Texas Intermediate crude oil. According to trading data, the price of Brent crude futures for June rose by 6.02

Wall Street Closing

New York, U.S. stocks fell sharply Wednesday, The Dow Jones industrial average fell 973.65, or 4.4 percent, to 20,943.51. The broader Standard & Poor’s 500 index fell 114.09, or 4.4 percent, to 2,470.50. The technology-heavy Nasdaq composite index fell 339.52,

SAMA Urges Financing Institutions to Provide Services through “Tamweel” Platform

Riyadh,  The Saudi Arabian Monetary Authority (SAMA) has urged all financing institutions including banks and financing companies to provide their services for beneficiaries through the authorized e-platform “Tamweel”, to enable beneficiaries to benefit from services and to process their requests

Saudi Stock Market index closes high at 6749.69 points

Riyadh, The main Saudi Stock Exchange Index closed the trading up 180.30 points to reach 6749.69 points, with transactions worth more than SR 5 billion. The number of shares traded reached more than 262 million shares, which were shared by

Saudi Arabia and Russia Signal Readiness to Cooperate on Oil

DUBAI/MOSCOW – Saudi Arabia and Russia signaled on Thursday they were ready to cooperate to help stabilize the oil market after calls with U.S. President Donald Trump to discuss the slump in prices triggered by the end of a deal

Germany Reports 4,000 Novel Coronavirus Infections in One Day

Berlin: The number of confirmed coronavirus cases in Germany has risen by 4,000 new cases to 67,366, while the number of deaths reach 732. According to Robert Koch Institute, the country’s official agency for disease control, the 4,000 new cases