Crude has retreated more than 5 percent after reaching a four-year high earlier this month.
Read More »Missing Saudi Journalist Is Creating Major Worries around the Oil Market
The stock market in Saudi Arabia plunged on Sunday. and analysts believe oil could be the next to be affected.
Read More »Saudi Arabia to Throttle down the World`s Oil Supply it Threatened
Saudi Arabia is the world'.s largest oil exporter.
Read More »Saudi Oil Output Rise will Meet India`s Demand
Saudi Arabia has the capacity to produce 12 million bpd and is currently producing 10.7 million bpd.
Read More »Saudi Arabia Cannot Replace Iranian Oil in the Market
The Trump administration has called on all buyers of Iranian oil to cut imports to zero.
Read More »Saudi Arabia will Supply Extra Oil Cargoes to India as Iran Sanctions Loom
India is Iran'.s top oil client after China.
Read More »Saudi Aramco Plans to Lead Global Non-Metallic Materials Sector
Aramco plans to cater to the renewables sector by helping replace the use of glass in solar panels with polycarbonate.
Read More »Total. Aramco to Start Jubail Petrochem Engineering Works
The Satorp refinery is a joint venture in which Saudi Aramco holds a 62.5 percent stake. while Total holds the other 37.5 percent.
Read More »Petchems will Drive more than a Third of Oil Demand Growth by 2030
Aramco. the world’s biggest oil producing company. is in talks to acquire a stake in Sabic. the region’s biggest petchems producer.
Read More »Baker Hughes to Pay $550 Million for 5 Percent Stake in Adnoc
Baker Hughes is working across the region including in Saudi Arabia and Egypt’s supergiant Zohr gasfield in the Mediterranean.
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