The company is working with JPMorgan Chase & Co. as it considers selling a majority stake
Futures in New York dropped back below $69 a barrel on Tuesday after closing 0.6 per cent lower in the previous session
Aljeda replaces Bashar Obeid who submitted his resignation to the board on April 29
The move is part of an ongoing review of the company’s strategy by its chief executive officer
Spotify is the largest paid music service in the world, and has become the single biggest source of revenue for the recording industry
More than 4 million barrels a day of US oil output is now offline
Clarence Singam-Zhou will begin his new role from March 1, 2021
The wealth fund holds stakes in some of the world’s top companies
The kingdom’s pledge comes amid more stay-at-home orders and travel restrictions to rein in a surge of infections
Even with a vaccine that may bring back air travel around the corner, carriers face a desperate few months
Aramco also increased pricing for light crude grades to the Mediterranean region
The new signings build on the 15 hotel signings which were announced in Q2 2020
The Organization of Petroleum Exporting Countries and allies including Russia are to meet on November 30-December 1 to review policy on production
Prices jumped 10 per cent last week after Saudi Arabia indicated it would defend the market
The perpetual bond is callable after six years and pays a coupon of 6.125 per cent
The cuts were widespread across the region from South Asia and Southeast Asia to some parts of North Asia
Brent crude, down 36 per cent this year, has clawed back some of its losses and ended trading on Friday at more than $40 a barrel