Aramco has used the average of the Oman and Dubai crude prices assessed by Platts since the 1980s as a benchmark.
Read More »Aramco More Flexible To Oil Price Slump
Aramco’s net cash flow from operations increased by 21 percent to US$29 billion in 2016.
Read More »China Continue Oil Importing from Iran
China and India as two major importers of Iran'.s oil do not care about the US oil sanctions.
Read More »Aramco IPO Preparations Delay
Saudi Aramco and the country aren’t ready for an IPO that could raise $100 billion but also bring unprecedented scrutiny to the company.
Read More »IMF: Non-Oil Economic Growth to Increase by Four per Cent in Oman
Oman posted double-digit fiscal and current account deficits over the past few years.
Read More »Asia`s Oil Refiners Racing to Secure Crude Supplies due to U.S.-China Trade War
U.S. crude oil is not on the list of 545 products the Chinese government has said it would immediately retaliate with in response to American duties.
Read More »Indian Market Good Destination for US Oil Producers
US oil producers likely to eye Indian market as tariff war with China escalates.
Read More »Abu Dhabi Ports Signs Pact with ADNOC Unit to Manage Oil Spills
The agreement extends to sea areas around all ports owned and managed by Abu Dhabi Ports.
Read More »CNPC. ADNOC to Sign Exploration. Refining Deal
ADNOC has said that it would aim to double its refining capacity in a major push to expand its downstream operations.
Read More »Saudi Aramco IPO may Not Happen
A decision on what to do rests in the hands of Crown Prince Mohammed bin Salman.
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