Tag Archives: Persian Gulf Countries

Talks between Iraq and Saudi Arabia have led to ``positive results`` in collaborating in the fields of fuel and energy.

JPMorgan and Morgan Stanley have been picked to advise on Aramco’s plan to buy up to a 70 percent stake in the petrochemical maker.

An estimated 4.8 million barrels per day of crude oil and refined products flowed through the Strait in 2016 towards Europe.

U.S. crude oil inventories last week tumbled more than expected to their lowest level since 2015.

Aramco’s huge oil reserves with SABIC doesn’t automatically create much value.

Oil producer has alternative channels to transport crude to its customers in Europe.

The study is based on date only up to October 2014.

All oil shipments passing through Bab Al-Mandab Strait have been suspended temporarily until navigation through the area is secure

Saudi Arabia pausing oil shipments through the Red Sea caused oil futures remain high.

Most exports from the Gulf that transit the Suez Canal and the SUMED Pipeline also pass through Bab al-Mandeb strait.