OPEC’s 2019 Oil Demand Growth Forecast Falls Again
OPEC has cut its 2019 global oil demand growth forecasts for the third straight month, citing trade disputes and volatile emerging markets, particularly in key consuming countries.
OPEC has cut its 2019 global oil demand growth forecasts for the third straight month, citing trade disputes and volatile emerging markets, particularly in key consuming countries.
Saudi Arabia is preparing to export an additional 4 million barrels of crude to India in November.
Saudi Aramco and the Bahrain Petroleum Company (BAPCO) have commissioned the AB-4 pipeline, a new phase of the Saudi-Bahrain crude oil pipeline.
Total and Saudi Aramco signed an agreement on October 8 for engineering studies on the construction of a petrochemicals complex at the Jubail Satorp refinery worth $5 billion.
Saudi Aramco's initial public offering (IPO) will take place by 2021, Crown Prince Mohammed bin Salman has said.
The number of oil traders betting on $100-per-barrel WTI by 2019 has surged in the past week.
A fire at a petrochemical plant owned by the Saudi National Petrochemical Industrial Company (NATPET) in the Yanbu province on the Red Sea has killed one worker and injured 11 more.
Saudi Arabia proposed building a multi-billion dollar oil refinery in the Pakistani port city of Gwadar during high-level diplomatic talks between a Saudi delegation and Pakistani authorities.
Ireland-based Shanahan Engineering has been awarded a services contract by Shandong Electric Power Construction Engineering Company (SEPCO-2) for the Jazan Integrated Gasification Combined Cycle (JIGCC) Power Bloc ...
Saudi Aramco has signed a long-term agreement with Chinese Zhejiang Rongsheng for a supply of crude to the company’s new refinery in eastern China.