Saudi Arabia

Saudi-Aramco

Saudis to take control of largest U.S. refinery

22/03/2016(0)
The crown jewel among America’s oil refiners may soon be owned by Saudi Arabia. Saudi Aramco, the state oil company of OPEC’s most powerful player, recently announced plans to ... Read More
oil and gas platforms

Oil prices jump to $40

18/03/2016(0)
Crude oil is back from the dead — for now at least. Oil prices jumped to $40 a barrel on Thursday for the first time since early December. The ... Read More
oil production

Saudi Arabia Said to Join Mid-April Oil Producer Meeting in Doha

17/03/2016(0)
Crude prices have risen more than 30% since freeze proposed Qatar meeting would seek more commitments to cap production Saudi Arabia will join a meeting of producers from within ... Read More
OPEC logo

OPEC Production Declines Despite Iran’s Efforts

16/03/2016(0)
The OPEC Monthly Oil Market Report just came out. The charts are “Crude Only”production and do not reflect condensate production. Also the charts, except for Libya, are not zero based. I chose ... Read More
russia oil

What oil freeze? Saudi Arabia and Russia pump more

15/03/2016(0)
So much for that agreement to freeze output. The latest oil market data reveal that both Russia and Saudi Arabia ramped up their oil production in February, despite talks about supply ... Read More
ibrahim-bin-abdulaziz-al-assaf

Saudi Arabia seeks $8bn loan to plug fiscal deficit caused by low oil prices

10/03/2016(0)
Saudi Arabia is looking to raise as much as $8bn (£5.6bn; €7.3bn) from international lenders to help plug a record budget deficit caused by low oil prices. Citing sources, ... Read More
saudi-arabia

Saudi Arabia to hold out bond mandate prospect to banks

08/03/2016(0)
Banks were briefed that the largest lenders on the loan, which may be as much as $10 billion, will also probably be appointed to arrange the bond Dubai: Saudi ... Read More
Apache Corp drill for crude oil

Shale Oil Isn’t Saudi Arabia’s Only Nemesis

02/03/2016(0)
Even when glut stops growing, market might shrug: SocGen History shows oil rebound will hinge on stockpiles: Goldman Even if Saudi Arabia wins its struggle with U.S. shale producers ... Read More
oil - petrol - A man fills up his car

Is the oil crash over? Prices soar 30% in 11 days

01/03/2016(0)
  Oil has stopped crashing. Investors around the world freaked out when oil prices plummeted to a 13-year low of $26.05 a barrel on February 11. But they are now ... Read More
russian-crude

Oil Prices Rally On News Of Russia, Saudi Arabia Meeting

26/02/2016(0)
Oil prices jumped by more than 2 percent on February 25 after Venezuela said top oil producers Russia and Saudi Arabia will meet again in mid-March to discuss their ... Read More
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