Saudi Arabia to restore full oil output by next week
LONDON, Sept 23 (Reuters): Saudi Arabia has restored more than 75 per cent of crude output lost after attacks on its facilities and will return to full volumes by early next week, a source briefed on the latest developments told Reuters on Monday.Saudi's oil production from its Khurais plant is...
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UK firm Thomas Cook collapses
LONDON, Sept 23 (Reuters): The world's oldest travel firm Thomas Cook collapsed on Monday, stranding more than half a million holidaymakers around the globe and sparking the largest peacetime repatriation effort in British history.The liquidation marks the end of a British company that started in 1841 running local rail excursions...
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Petrol price jumps
NEW DELHI, Sept 23 (PTI): Petrol prices have soared by Rs 1.59 a litre and diesel by Rs 1.31 in the last six days - the most since daily price revision was introduced in 2017, as a massive strike at Saudi Arabian oil facilities jolted oil markets.Petrol price was on...
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Gasoline exports from Europe to Mideast surge
LONDON, Sept 23 (Reuters): Gasoline exports from Europe to the Middle East and Asia are set to surge this week after recent attacks on Saudi Arabia's oil facilities crippled output at the kingdom's refineries.Over 400,000 tonnes of gasoline and gasoline blending components have been booked in the past week for...
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US FAA head set to explain Boeing 737 MAX progress
NEW YORK, Sept 23 (Reuters): The chief of the US Federal Aviation Administration is set to detail on Monday progress on the Boeing 737 MAX aircraft to international air regulators who are divided about returning the grounded jet to flight after two fatal crashes.The closed-door briefing, on the eve of...
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