Bilateral trade between Riyadh and New Delhi currently stands at $28 billion.
Read More »China’s Thirst for Saudi Oil
China stepped up purchases of Saudi oil in the first four months of this year.
Read More »Saudi Aramco Raises All June Asia-Bound Crude OSPs by $0.40-$1.20 b from May
The June Medium grade price differential was the highest since December 2013.
Read More »S.Arabia. UAE Unable to Increase Oil Production
Enemies are waging a psychological war against Iran.
Read More »Saudi Oil Exports below 7 Million bpd Till End of May
Saudi'.s oil production would be much lower than 10 million bpd until the end of next month.
Read More »Trump Wants Cheap Oil. but ‘Saudis Need Higher Prices’
Saudi Arabia’s fiscal break-even could be as high as $95 per barrel this year.
Read More »Saudi Taqa has Purchased Schlumberger`s Middle Eastern Drilling Business for $1.2 Billion
Taqa plans to use about $800 million of its own funds for the planned acquisitions.
Read More »China has not yet Asked for more Crude Oil from Saudi Arabia
Saudi Arabia’s April crude oil production was nearly steady with previous months.
Read More »Aramco Buys Shell`s 50% Stake in SASREF Refinery
Aramco is expanding its refining operations and petrochemical output.
Read More »Saudi. Russia Oil Cooperation Is Set to Continue
Russia’s crude oil production in April stood at 11.24 million barrels per day. still slightly off its promised level of 11.191 million bpd.
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