Tag Archives: Saudi Arabia

Trump’s efforts to cut Iran’s access to the global crude market has prompted Russia and Saudi Arabia to take the market hostage.

The Kingdom has an advantage in being one of the leading players in the mining sector.

Perry will be the most senior U.S. official to visit Russia since Trump met Russian President Vladimir Putin in Helsinki in July.

Refinery operations are set to begin in 2019. with petrochemical operations to follow six to 12 months later.

Analysts had expected that Iran would not agree to any specific production boost.

Aramco raised pricing on all grades to Northwest Europe and the Mediterranean region for October.

When the Aramco IPO was proposed in 2016. Saudi officials had expected it would raise up to $100 billion to fund his reform agenda.

RAPID will contain a 300.000-bpd refinery and a petrochemical complex with a capacity of 7.7 million tonnes a year.

Some 15.000 Yemenis have been killed and thousands more injured since the onset of the Saudi-led aggression.

Saudi Arabia still wants to keep oil prices as high as possible without offending Washington.