Asian market | Egypt Oil & Gas

Saudi Aramco’s SAEV Expands to the Asian Market

Saudi Aramco Energy Venture (SAEV), a subsidiary of Saudi Aramco, plans to launch a new fund. The new fund has reached around $500 million, according to SAEV CEO, Majid Mufti, who revealed that the venture capital ...

Prices for Arab Light Expected to Rise

Saudi Arabia is expected to raise the price the of its Arab Light crude in the Asian market for the month of October.

Saudi Arabia Drops Oil Prices for Asian Markets

Saudi Arabia reduces its Arab Light grade price for September-loading cargo to Asian markets by $1.30 a barrel, as Russia and Iraq gain momentum in the race to dominate oil exports to the Asian continent.

Saudi Aramco Cuts Light Crude Prices for Asia

Saudi Arabia cut pricing for March sales of its light crude grades to Asia to $1 a barrel, less than the regional benchmark.

Iran Prepared for All Eventualities of Oil Export Resumption

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

Saudi Arabia is expected to raise prices for its crude exports to Asia in September due to a stronger Dubai benchmark

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