Tag Archives: Saudi Arabia

Global oil supplies had already become tight even before the decisions to cut production and embargo the United States.

Saudi Arabia is India’s second largest oil supplier after Iraq.

Crude has retreated more than 5 percent after reaching a four-year high earlier this month.

The stock market in Saudi Arabia plunged on Sunday. and analysts believe oil could be the next to be affected.

Saudi Arabia is the world'.s largest oil exporter.

Saudi Arabia has the capacity to produce 12 million bpd and is currently producing 10.7 million bpd.

The Trump administration has called on all buyers of Iranian oil to cut imports to zero.

India is Iran'.s top oil client after China.

Aramco plans to cater to the renewables sector by helping replace the use of glass in solar panels with polycarbonate.

The Satorp refinery is a joint venture in which Saudi Aramco holds a 62.5 percent stake. while Total holds the other 37.5 percent.