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. 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

• 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.

Saudi Arabia Drops Oil Prices for Asian Markets

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

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

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

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

• 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