January OSPs for Arab Light Rise
Saudi Arabia raised its prices for Asian and European purchasers of its Arab Light crude.
Saudi Arabia raised its prices for Asian and European purchasers of its Arab Light crude.
Saudi Arabia plans to raise gasoline and jet fuel prices in January to better align domestic prices with the international market.
Saudi Aramco has awarded Saipem a new contract to conduct Engineering, Procurement, Construction (EPC) work in Saudi Arabia.
Gulf oil producers should follow the US lead and convert a greater share of their crude to chemical products, according to the Saudi Oil Minister, Khalid El Falih.
Saudi Arabia’s cru.de exports to China rose in October even as the Asian giant reduced oil imports
Saudi Aramco is planning new investments in the petrochemicals sector.
Saudi Aramoc and Saudi Basic Industries Corporation (SABIC) signed a memorandum of understanding (MoU) for the construction of a petrochemical complex.
Russia and Saudi Arabia have agreed to a basic framework for extending the production-cut agreement.
Saudi Arabia is pushing for an extension of the OPEC-led production-cut agreement by an additional nine months until the end of 2018.
In a bid to retain its market position, Iran is lowering its crude oil prices vis-à-vis Saudi Arabia