Aramco’s huge oil reserves with SABIC doesn’t automatically create much value.
Read More »IMF Urges Saudi Arabia to Accelerate Privatization Reforms Amid Oil Price Recovery
Economy to grow 1.9% in 2018. boosted by economic reforms and oil output increases.
Read More »BMI Revised Forecasts for Saudi`s Economy
GDP growth forecast at 1.9 per cent in 2018 following Opec meeting in June.
Read More »White House Abandon Trump Tweet that Saudi King Agree to Produce More Oil
Statement doesn’t confirm Trump tweet that King Salman ``agreed.``
Read More »Thanks to Rising Oil Prices. Saudi Economy Grows 1.15% in the First Quarter
Oil prices have been steadily rising since early 2016. when OPEC and non-OPEC producers struck a deal to cut output.
Read More »Trump Convinced Saudi King to Ramp Up Oil Production
US president says convinced Salman to raise output by as much as 2 million bpd.
Read More »Saudi Arabia Plans Leaders` Summit This Year for OPEC. Allies
The producers meet on June 22-23 in Vienna and will discuss a gradual easing of the supply cut.
Read More »Russia and Saudi Arabia Work at OPEC deal at World Cup Summit
Many nations have gone further than their pledged cuts.
Read More »Will Saudi Arabia Listen To U.S. Demands For More Oil?
OPEC officials in Kuwait just a few days ago tried to hash out a strategy ahead of the June 22 meeting.
Read More »Aramco IPO ‘Most Likely’ In 2019
Saudi Aramco’s much-hyped initial public offering is ``most likely`` to take place in 2019.
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