Oil price

Mohammed bin Salman relies on oil to plug Saudi Arabia’s ballooning deficit

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MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE The country, which leads the Organisation for Petroleum Exporting Countries (OPEC) bloc, slashed production by one million barrels per day in July and announced last week that it would extend this cut through September. Russia, an Opec ally, has also announced it will … Read more

BP profits drop 70pc after oil and gas prices fall

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MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Oil giant BP has reported a 70pc drop in profits on the back of lower oil and gas prices. The FTSE 100 company on Tuesday posted second-quarter profits of $2.6bn (£2bn), down from $8.5bn a year earlier. That was lower than the $3.5bn … Read more

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