Tag Archives: Saudi Arabia

Saudi Arabia is the only producer with significant spare capacity around 2 million bpd.

Iran exported the equivalent of 2.5 million barrels a day in April.

Saudi Arabia had been ``very helpful`` in bolstering oil supplies while the U.S. moved to reimpose sanctions against Tehran.

The investments required to build the complex will be shared equally by both companies.

The United States will remain a key part of the Saudi economy.

Saudi Arabia admitted late last week that the journalist was killed in what it described as a ``brawl`` in the Saudi consulate in Istanbul.

Saudi Arabia plans to acquire a 30% stake in Russia’s USD 21-billion Arctic LNG project.

Tthis country is the biggest in terms of crude oil reserves.

Saudi Arabia and Russia could formalize a strategic partnership. marking a new era for the oil market.

Following the incident. the kingdom has been attacked by international governments and leaders.