Saudi Aramco’s SAEV Expands to the Asian Market

• Monday, 13th January 2020
• by Editorial Team

Saudi Aramco Energy Venture (SAEV), a subsidiary of Saudi Aramco, plans to launch a new fund, according to Mubasher, citing Bloomberg. The new fund has reached around $500 million, according to SAEV CEO, Majid Mufti, ...

Prices for Arab Light Expected to Rise

• Wednesday, 30th August 2017
• by Editorial Team

Saudi Arabia is expected to raise the price the of its Arab Light crude in the Asian market for the month of October, according to a Reuters’ survey. Asian prices for Arab Light are expected to rise by $0.20-$0.50 per...

Saudi Arabia Drops Oil Prices for Asian Markets

• Wednesday, 3rd August 2016
• by Egypt Oil & Gas

Saudi Aramco, the state-controlled oil company, has cut its official selling price (OSP) for its benchmark Arab Light Grade for September-loading cargoes to Asia by $1.30 a barrel to a discount price of $1.10 to the r...

Saudi Aramco Cuts Light Crude Prices for Asia

• Monday, 8th February 2016
• by Egypt Oil & Gas

Saudi Arabia cut pricing for March sales of its Light crude grades to Asia, according to Energy Voice. A Saudi state-owned oil company Aramco lowered its official selling price for Arab Light crude to Asia to $1 a bar...

Iran Prepared for All Eventualities of Oil Export Resumption

• Monday, 2nd November 2015
• by Egypt Oil & Gas

Iran’s Oil Minister, Bijan Zangeneh, has downplayed fears that the return of Iranian crude will further dampen oil prices, saying confidently that “we have vaccinated the market against this issue,” reported Press TV....

Oil Price Decline Prompts Saudi OSP Price Rethink in September

• Tuesday, 4th August 2015
• by Egypt Oil & Gas

Saudi Arabia is expected to raise prices for its crude exports to Asia in September due to a stronger Dubai benchmark, traders and analysts told Reuters. At the same time they cautioned that Saudi Arabia was unlikely ...