Sanctions on Iran are expected to remove about 1 million barrels a day from the world market by the end of the year.
Read More »Oil Decrease as Saudi Arabia Pledges to Play `Responsible Role` in Market
U.S. crude oil production has climbed by almost a third since mid-2016 to around 11 million barrels per day.
Read More »Aramco IPO will be more Successful in 2021 than in 2018
Aramco is planning to invest in some Russian oil and gas companies.
Read More »Saudi Aramco Signs 15 Deals Worth $34bn with Energy Companies at FII
``Davos in the Desert`` has more than 150 speakers from 140 different organizations and 17 global partner entities.
Read More »Total CEO will Attend Saudi Conference
The CEO of French oil giant Total says he will attend a controversial business conference in Saudi Arabia this week.
Read More »IEA not Worried about Saudi Oil Supply Cuts over Journalist`s death
There’s a strong challenge for the key producers to increase production and comfort the markets.
Read More »Saudi Arabia has `No Intention` to Reply 1973 oil embargo
Global supply next year could be helped by Brazil. Kazakhstan and the United States.
Read More »Saudi. Russian Oil Output Unable to Compensate for Iranian Crude
Washington is pushing allies to cut imports of Iranian oil to zero.
Read More »Saudi Aramco Acquires Major Stake in Chinese Refinery
Since 2006 to date. no one delivered more oil to China than Saudi Aramco.
Read More »Saudi Aramco will Invest in Refinery-Petrochemical Project in East China
The first crude carrier supplying the refinery should arrive in December or January.
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