Saudi Arabia | Egypt Oil & Gas - Part 49

Houthi Leader Threatens Saudi Oil Tankers

Abdel Malek El Houthi, the leader of the Houthi militant group in Yemen, warned of possible attacks against Saudi Arabian oil tankers if the coalition backing the Yemeni government attacks the port of Hodeidah.

Iranian Crude Exports to S Korea Rise 40.2%

South Korea’s crude imports from Iran and Saudi Arabia rose in August.

Saudi Aramco: IPO on Track

Saudi Aramco confirmed that its initial public offering (IPO) remains on track for next year.

Bloomberg Sources: Saudi Arabia is Preparing for a Possible IPO Delay

Saudi Arabia is developing back-up plans in case the initial public offering (IPO) of Saudi Aramco is pushed back until 2019.

Saudi Arabia Increases Crude Reserves in Japan

Saudi Aramco is increasing its crude oil reserves in Japan by 1.9 million barrels.

OPEC Production Falls in August

OPEC production fell in August as Saudi Arabia cut back its production

Saudi Arabia to Up Crude Exports to Asia in October

With refining operations disrupted in the US, Saudi Arabia will increase exports to Asian markets in October.

Saudi Arabia, UAE Signal Willingness to Extend Production Cuts

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

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

Saudi Arabia is expected to raise the price the of its Arab Light crude in the Asian market for the month of October.

Page 49 of 89

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