Asian Stocks Slide As Oil Falters Following Saudi Remarks

HONG KONG (AP) — Asian stocks were mostly lower on Wednesday, tracking declines on Wall Street as crude oil extended losses after Saudi Arabia ruled out freezing production, saying market forc…

Topics:  hong kong ap     asian   wall street   saudi arabia   oil   asian stocks   
BING NEWS:
  • Most Gulf markets gain in early trade; Saudi falls
    Most stock markets in the Gulf edged higher in early trade on Thursday as investors assessed the monetary policy and inflation outlook in the world's largest economy.
    11/13/2024 - 6:39 pm | View Link
  • Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.97%
    Falling stocks outnumbered advancing ones on the Saudi Arabia Stock Exchange by 228 to 78 and 19 ended unchanged. Crude oil for December delivery was up 0.22% or 0.15 to $68.27 a barrel. Elsewhere in ...
    11/13/2024 - 12:50 am | View Link
  • Saudi Arabia to Cut Oil Supply to China Amid Weak Demand
    Weak demand in China will cause Saudi Arabia to reduce crude oil exports to China in December, despite recent price cuts.
    11/10/2024 - 11:14 pm | View Link
  • Oil giant Saudi Aramco posts 15% drop in third-quarter profit but maintains dividend
    Saudi state oil giant Aramco reported a 15.4% drop in net profit in the third-quarter on the back of "lower crude oil prices and weakening refining margins," but maintained a 31.05 billion dividend.
    11/3/2024 - 11:00 am | View Link
  • Saudi Arabia may cut December oil prices for Asia, sources say
    Top oil exporter Saudi Arabia may cut prices for most of the crude grades it sells to Asia in December, tracking weakness in Middle East benchmark Dubai, trade sources said.
    10/31/2024 - 4:02 pm | View Link
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