Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The demonstration of the oil sector’s vulnerability hasn’t come at a good time for the Saudis.
Read More »Geopolitical Risks Highlights Fragile Oil Supply Chain
Saudi Arabia Replaces Aramco Chairman Ahead of Potential IPO
Aramco plans to float around five per cent of the state-owned company in 2020 or 2021.
Read More »Saudi Arabia and US will Counter Maritime Threats in Arabian Gulf
The two side also discussed the oil market conditions and the Kingdom’s keenness to maintain its stabilities.
Read More »Crude Oil Futures Lower amid Concerns over US-China Trade Tensions
Crude oil futures were lower as global economic outlook dimmed over an escalation in US-China trade tensions.
Read More »Al-Falih Discusses Saudi Investments in Indian Petchem Sector
Attracting investments to the energy sector which would benefit both the producers and consumers. and the Kingdom’s leading role in maintaining market balance.
Read More »Saudi Arabia may Cut August Crude Oil Prices to Asia
State oil giant Saudi Aramco sets its crude prices based on recommendations from customers.
Read More »Russia. Saudi OPEC+ Extension Pact will Help Stabilize Oil Market
Russia agreed with Saudi Arabia to extend by six to nine months a deal with OPEC on reducing oil output.
Read More »Russia. OPEC will Support Oil Prices
The deal removed 1.2 million barrels a day of OPEC+ production. helping to send oil prices higher.
Read More »Saudi Arabia. India’s Oil Ministers Discuss to Help Stabilize Oil Prices
High oil prices have been a pervasive concern for India.
Read More »Oil Prices Gain amid Middle East Tensions
The outlook for oil demand growth in 2019 also put pressure on prices.
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