Tag Archives: Market

The kingdom’s oil company dismisses reports it could drop huge international float in favour of private stake sales.

Chinese state-owned oil companies PetroChina and Sinopec have written to Saudi Aramco in recent weeks to express an interest in a direct deal.

The oil market will not react to the statement of US President Donald Trump about Washington'.s new policy toward Tehran.

Oil prices recently have become more sensitive to supply threats. such as the situation in Kirkuk.

Top officials. including the prime minister and other cabinet members. would be involved in promoting particular projects to nations in the region.

The world’s fifth-biggest crude importer shipped in 1.83 million tonnes of crude oil from Iran in September.

Under the sanctions. Iran'.s oil output was slashed by nearly 40% as a handful of buyers shipped in about 1 million bpd of oil from the country under special waivers.

Iran prefers exporting liquefied natural gas (LNG) to distant markets including the EU. but no agreement has been reached so far for construction of the plants for the purpose.

Earlier. Barkindo said that in addition to production. it would be enriching also to look at other parameters such as export.

U.S. sanctions could cut off a lot of Iranian oil trade finance.