An Iranian lawmaker says Saudi Arabia'.s persistence in the continued seizure of an Iranian oil tanker is stirring tensions in the region.
Read More »Saudi Aramco Restarting Preparations for Mega IPO
The IPO project was first announced in 2016 as the cornerstone of the Vision 2030 plan to modernise the Saudi economy.
Read More »Saudi Arabia may Cut August Crude Oil Prices to Asia
State oil giant Saudi Aramco sets its crude prices based on recommendations from customers.
Read More »Russia. Saudi OPEC+ Extension Pact will Help Stabilize Oil Market
Russia agreed with Saudi Arabia to extend by six to nine months a deal with OPEC on reducing oil output.
Read More »Russia. OPEC will Support Oil Prices
The deal removed 1.2 million barrels a day of OPEC+ production. helping to send oil prices higher.
Read More »Saudi Aramco Claims Can Keep Oil Flowing If Hormuz Disrupted
Saudi Aramco operates a pipeline with a capacity of 5 million barrels a day .
Read More »Saudi Arabia. India’s Oil Ministers Discuss to Help Stabilize Oil Prices
High oil prices have been a pervasive concern for India.
Read More »Hyundai Motor. Aramco will Cooperate on Hydrogen
South Korean carmaker Hyundai Motor will partner Aramco on the ``comprehensive`` development of hydrogen energy.
Read More »Saudi Arabia Hopes to Extend Opec Production Cuts by Early July
Saudi Arabia hopes OPEC and its allies will agree to extend oil production cuts into the second half of the year at a meeting that will probably take place in the first week of July. according to the country’s energy minister.
Read More »Saudi Energy Minister Hopes to Balance Oil Market before Next Year
Falih hopes oil producers will be able to balance the oil market before next year.
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