Tag Archives: Market

The biggest boost to Saudi exports to China comes from contracts inked with new refineries starting up this year and next.

Russia is the key non-OPEC partner in the production cut deal with OPEC.

1.2 million to 1.5 million electric cars will be added this year to the 3.5 million on the road as of end-2017.

Saudi Arabia has been pushing for an OPEC cut. indicating it may reduce supply by 500.000 bpd.

The output from the troika is the fastest-growing element in global oil supplies.

Aramco said last week it would sign five crude oil supply agreements with Chinese customers.

Goldman Sachs believes that the price of oil and other commodities are set for a rebound next year.

The spending would be in addition to the oil giant'.s proposed purchase of a majority stake in SABIC.

Cyprus. Italy. Greece and Israel agreed last year to back the construction of a gas pipeline from newly discovered fields in the eastern Mediterranean to Europe.

The Indian government has not yet disclosed the price tag for making this significant switch away from crude and toward natural gas.