Audi

Oil & Gas Trade
Saudi Arabia Announces Additional Voluntary Reduction of Crude Oil Production
Saudi newspapers highlighted in their editorials today a number of issues at local, regional, and international arenas.
Oil Price
Oil Jumps After Saudi Arabia, UAE And Kuwait Pledge Deeper Cuts
Oil prices rose early on Tuesday after OPEC's Middle East heavyweights pledged additional cuts, instilling hopes in the market that further production reduction…
Oil Price
Aramco Earnings Plunge By 25% As Low Oil Prices Persist
Despite the profit slump of US$6 billion in Q1, Aramco’s free cash flow was more resilient and fell to US$15 billion from US$17.4 billion in Q1 2019.
Oil & Gas Trade
Saudi Aramco Will Continue to be Under Pressure as First-quarter Profit Slides 25%
Saudi Aramco reported a 25% fall in net income for the first quarter on Tuesday, as the state-owned oil giant battles with a dramatic slide in crude prices and …
Crude Oil
Saudi Arabia to Cut June's Oil Production
Saudi Arabia's Energy Ministry has directed the national oil company Aramco to further reduce crude oil production for June by an additional 1 million barrels p…
Oil Price
Oil Price War Puts Entire Kingdom Of Saudi Arabia At Risk
At no time since Ibn Saud first consolidated his Arabian conquests into the Kingdom of Saudi Arabia in 1932 has the ruling Saud dynasty faced such an existentia…
Solar Power Plant
China's Silk Road Fund Closes 49% Stake Buy in ACWA Power RenewCo
China's Silk Road Fund has completed the purchase of a 49% stake in the renewable energy platform of Saudi Arabia's ACWA Power, the latter announced on Sunday.
Oil Price
Saudi Arabia Raises Oil Prices As Demand Recovers
Saudi Arabia’s oil giant Aramco raised the price for all its crude oil grades to all regions for June in a move that analysts see as the start of demand recove…
Oil & Gas Trade
Saudi Arabia Succeeds In Seizing Oil Market Share From Key Rivals
Saudi Arabia doubled its crude oil exports to China in April to the highest volumes since at least 2017.
Oil & Gas Trade
Saudi Arabia's Oil Exports to Drop in May as Demand Slides
Saudi oil exports are expected to fall to about 6 million barrels a day in May, the lowest in nearly a decade.
Crude Oil
Saudi Must Reduce Expenditures to Ease COVID-19 Economic Impact: Minister
Saudi Arabia "must reduce expenditures" to mitigate the economic impact of the COVID-19 pandemic, Finance Minister Mohammed al-Jadaan said.
Crude Oil
Oil Tanker Rates Plunge More Than 50% As OPEC+ Cuts Start
The daily rate for chartering an oil tanker from Saudi Arabia to China has plunged by over 50 percent in one week to $100,000 as OPEC+ begins on Friday the co…
Oil & Gas Trade
Belarus Buys First Oil from Saudi Arabia: Refiner Belneftekhim
Belarus, long dependent on Russian oil, has bought its first barrel of crude from Saudi Arabia.
Historic Shift: U.S. Energy Production Outpaced Consumption in 2019, EIA Says
Energy hasn’t felt this groundbreakingly productive since Elvis Presley was electrifying audiences with “All Shook Up.”
Crude Oil
Saudi Arabia Starts Production Cuts Ahead Of OPEC+ Deal
Oil prices plummeted again on Monday, with WTI Crude crashing by 23 percent to just $13 a barrel at 2:30 p.m. EDT.

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Audi

Saudi Arabia Announces Additional Voluntary Reduction of Crude Oil Production

Oil Jumps After Saudi Arabia, UAE And Kuwait Pledge Deeper Cuts

Aramco Earnings Plunge By 25% As Low Oil Prices Persist

Saudi Aramco Will Continue to be Under Pressure as First-quarter Profit Slides 25%

Saudi Arabia to Cut June's Oil Production

Oil Price War Puts Entire Kingdom Of Saudi Arabia At Risk

China's Silk Road Fund Closes 49% Stake Buy in ACWA Power RenewCo

Saudi Arabia Raises Oil Prices As Demand Recovers

Saudi Arabia Succeeds In Seizing Oil Market Share From Key Rivals

Saudi Arabia's Oil Exports to Drop in May as Demand Slides

Saudi Must Reduce Expenditures to Ease COVID-19 Economic Impact: Minister

Oil Tanker Rates Plunge More Than 50% As OPEC+ Cuts Start

Belarus Buys First Oil from Saudi Arabia: Refiner Belneftekhim

Historic Shift: U.S. Energy Production Outpaced Consumption in 2019, EIA Says

Saudi Arabia Starts Production Cuts Ahead Of OPEC+ Deal