Saudi

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Saudi Arabia is continuing to invest in its petrochemical sector, in contrast to cutbacks in large-scale capital projects around the world amid the oil price slump and coronavirus pandemic.
News ID: 8968    Publish Date : 2020/03/30

Saudi Aramco included outlooks regarding long-term oil demand in its initial public offering prospectus released on November 9. According to the document, the company believes that "demand growth for crude oil, condensate and NGLs is expected to continue, with a levelling off around the year 2035."
News ID: 7472    Publish Date : 2019/11/15

Despite a marginal decline in overall crude oil exports, Iraq has boosted the sales of its crude to top Asian importers China and India since late September, as the confusion over the return of full Saudi capacity after the attacks made other Middle Eastern producers more popular in Asia.
News ID: 7437    Publish Date : 2019/11/12

Asharp recovery in oil product margins over July may lead Saudi Aramco and Iraq's SOMO to tone down the extent of price cuts on crude oil headed to Asia in September, a survey of market participants by S&P Global Platts showed this week.
News ID: 5655    Publish Date : 2019/08/01

Russian President Vladimir Putin said he agreed with Saudi Crown Prince Mohammed bin Salman to extend the OPEC+ deal at current production levels for the rest of this year and potentially into early 2020.
News ID: 4942    Publish Date : 2019/06/30

Saudi Energy Minister Khalid al-Falih said on Sunday that OPEC would probably meet in the first week in July in Vienna and that he hoped it would reach consensus on extending its agreement to cut oil output.
News ID: 4841    Publish Date : 2019/06/18

OPEC concluded its 175th meeting with an accord to remove 1.2 million barrels a day of crude from the market, with non-OPEC allies including Russia taking a 400,000 barrel-a-day share.
News ID: 2836    Publish Date : 2018/12/07

Oil Minister Bijan Zanganeh on Monday dismissed claims by Saudi Crown Prince Mohammed bin Salman that the kingdom is prepared to make up for any oil market shortfall caused by US sanctions on Iran.
News ID: 2397    Publish Date : 2018/10/09

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