Active Stocks

Thu Mar 20 2025 10:29:03

Itc share price
404.45 0.35%

Wipro share price
269.35 1.35%

Tata Steel share price
158.00 -0.35%

Reliance Industries share price
1,256.50 0.71%

Tata Motors share price
681.90 0.00%

Business News > Mint Authors > Wael Mahdi

Wael Mahdi

Mint Author

ARTICLES BY WAEL MAHDI

Donald Trump has taken to Twitter to slam Opec for high oil prices. Photo: AFP

Donald Trump slams Opec as cartel pushes harder for high oil prices

3 min read . 20 Apr 2018

Saudi Arabia’s oil minister Khalid al-Falih (L) and Opec secretary-general Mohammad Barkindo suring the OPEC meeting in Vienna, Austria. Photo: Reuters

Opec said to agree on extending cuts in oil production to 2018 end

1 min read . 01 Dec 2017

On Saturday, President Donald Trump said it a tweet that he’d love to see Saudi Aramco IPO to come to the US. Photo: Reuters

Britain, wooing Saudi Aramco IPO, offers $2 billion loan guarantee

2 min read . 09 Nov 2017

Opec and its allies are scheduled to meet in Vienna on 30 November, while JMMC said in the statement its next meeting is scheduled for the preceding day. Photo: Reuters

Opec says ‘all options are open’ as compliance at record level

1 min read . 21 Oct 2017

A 2014 photo of a woman driving a car in Riyadh, Saudi Arabia, as part of a campaign to defy the ban on women driving. Photo: AP

Saudi Arabia lifts ban on women driving, ending global isolation

1 min read . 27 Sep 2017

Opec and other producers including Russia pledged to reduce oil output by about 1.8 million barrels a day through March. Photo: Reuters

Saudi Arabia says it’s open to another Opec cuts extension

1 min read . 11 Sep 2017

Saudi Aramco is the world’s biggest oil exporter. Photo: AFP

Saudi Aramco to spend $300 billion, CEO warns on world oil supply

3 min read . 10 Jul 2017

Russia’s energy minister Alexander Novak, Saudi Arabia’s energy minister and Opec conference president Khalid al-Falih, and Opec secretary general Mohammad Barkindo attend a meeting of Opec and non-Opec producing countries in Vienna, Austria, on Thursday. Photo: Reuters

Opec, allies to extend oil cuts for nine months to end glut

3 min read . 26 May 2017

OPEC will decide next month whether to extend its cuts in output beyond June, the group’s secretary-general Mohammad Barkindo said. Photo: Heinz-Peter Bader/Reuters

Oil producers near to re-balancing market: Opec chief Mohammad Barkindo

1 min read . 19 Apr 2017

A file photo of Saudi Arabia’s Aramco. Photo: AFP

Saudi Arabia to sell 49% stake in Aramco Oil Co.: report

1 min read . 24 Dec 2016

Khalid Al-Falih, Saudi Arabia’s energy minister. Photo: Bloomberg

Saudi Arabia to select nuclear power-plant site very soon: minister

1 min read . 20 Oct 2016

Finance minister Ibrahim al-Assaf said the government has no plans to tax Saudi nationals. Photo: AP

Saudi Arabia post-oil plan weighs income tax on expat workers

3 min read . 08 Jun 2016

A file photo of Khalid Al-Falih, the new oil minister of Saudi Arabia, who will be heading the ministry of energy, industry and mineral resources as a super ministry also covering electricity. Photo: Reuters

Saudi Aramco chairman made oil minister in major reshuffle

4 min read . 08 May 2016

Photo: Bloomberg

Oil plunges after output talks fail amid Saudi demands over Iran

4 min read . 18 Apr 2016

A file photo of a Saudi Aramco oil installion in the desert near the oil-rich area of Khouris,. Aramco may seek a path to IPO that allows the state to retain full control of its crown jewels - its oilfields. Photo: AFP

In Saudi Aramco IPO, global refining empire may become the prize

4 min read . 11 Jan 2016

Iran has also called on Opec to trim production to accommodate its own output increase next year. Photo: Reuters

Opec states push for output cuts in face of Saudi opposition

2 min read . 03 Dec 2015

Brent crude, a global pricing benchmark, slipped 8.2% this year and tumbled 41% in the last 12 months. Photo: Bloomberg

Opec sees oil demand growth, hopeful for market balance in 2016

1 min read . 12 Oct 2015

An undated picture made available by the Saudi national oil company Aramco shows part of the al-Khurais oil facility 160 kms east of Riyadh. Photo: AFP

Saudi Aramco says Amin al-Nasser new CEO of world’s biggest oil firm

1 min read . 17 Sep 2015

Saudi Arabia may sell its supply to India on a delivered basis, meaning shipping costs are included in the price paid by the buyer for the cargo, the people said. Photo: AFP

Saudis said to discuss sweetening India oil deals with own ships

2 min read . 18 Jun 2015

Prepare for $40 oil by year-end, ex-OPEC research head says

2 min read . 04 Jun 2015