Saudi Arabia, UAE Signal Willingness to Extend Production Cuts

• Tuesday, 12th September 2017
• by Egypt Oil & Gas

The oil ministers of Saudi Arabia and the UAE indicated that their countries were willing to consider an extension of the production-cut agreement between OPEC and major, non-OPEC oil producers.

Saudi Arabia to Reduce Crude Oil Cuts to 350,000 b/d for October

• Sunday, 10th September 2017
• by Editorial Team

Saudi Arabia will cut its exports of crude oil by 350,000 barrels per day (b/d) during the month of October.

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, Russia Push Extension of Production Cuts

• Tuesday, 29th August 2017
• by Editorial Team

Saudi Arabia and Russia are advocating a three-month extension of January’s production-cut agreement.

Saudi Exports to China Rise in July

• Thursday, 24th August 2017
• by Editorial Team

Saudi Arabian exports to China rose to nearly 946,000 barrels per day (d/b) during the month of July, a 3.7% increase from June.

Saudi Aramco Receives Bids for Gas Plant Upgrades

• Wednesday, 23rd August 2017
• by Editorial Team

Several European and Asian engineering companies submitted bids to construct gas booster compressor stations at Saudi Aramco’s Haradh and Hawiyah gas plants.

Saudi Arabia’s Crude Exports Fell in June

• Sunday, 20th August 2017
• by Editorial Team

Saudi Arabia's exports of crude oil declined 35,000 barrels per day (b/d) in June 2017 from May 2017.

Saudi Arabia’s Oil Revenues Rise

• Tuesday, 15th August 2017
• by Editorial Team

Saudi Arabia's Ministry of Finance announced that the kingdom's second-quarter crude-oil revenues climbed 28% from second-quarter revenues in 2016

Saudi Arabia Reportedly Favors NYSE for Saudi Aramco Listing

• Sunday, 13th August 2017
• by Editorial Team

Saudi Arabia is leaning toward the New York Stock Exchange (NYSE) for its initial public offering (IPO) of Saudi Aramco.

Iraq, UAE, Kazakhstan Recommit to Oil Cut Deal

• Thursday, 10th August 2017
• by Editorial Team

Iraq, the UAE, and Kazakhstan, reiterated their support for January's production-cut agreement between OPEC and other major oil producers.