Crown Prince: Saudi Arabia Prepared for Production-Cut Extension
Saudi Arabia is prepared to extend the production-cut arrangement.
Saudi Arabia is prepared to extend the production-cut arrangement.
Iraqi oil exports to the US moved ahead of Saudi Arabia’s by approximately 2.9 million barrels in September.
Oil investments are rising again due to the reduction in global oil stocks and an improving global economy
Despite positive signs in the oil market, Saudi Arabia remains committed to further drawing down global oil stocks.
The plans for the initial public offering (IPO) of Saudi Aramco are not linked to market developments.
Russian and Saudi ministers will meet early next month to discuss global oil markets and the future of the production-cut agreement.
Russia maintained its position as the top crude oil exporter to China for the seventh month in a row
Tecnicas Reunidas, Saipem, and Samsung E&C are the primary contenders for a contract from Saudi Aramco for the construction of natural gas facilities in Haradh and Hawiyah.
Two state-owned Chinese oil companies have expressed interest in directly purchasing a share of Saudi Aramco.
Saudi Arabia pushed back against reports that it was considering a private offering of Saudi Aramco instead of the previously announced initial public offering (IPO).