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Read More »Aramco Opens Modern Well Control Training Center
Saudi Arabia Decrease Oil Pricing To Attract New Buyers
The cut in Arab Light prices for September was the second consecutive monthly reduction of the OSP to Asia.
Read More »Saudi Aramco Resumes Oil Shipments through Red Sea Route
The company had last month halted all its shipments through the route following an attack on two of its very large crude carriers.
Read More »Saudi Arabia would Resume Oil Exports through Red Sea Lane
Saudi Arabia halted temporarily oil shipments through the lane on July 26 after attacks on two big oil tankers.
Read More »OPEC Production Rise as Saudi Arabia Pumps more Oil
The Saudi policy appears to be helping cool prices in the way sought by President Trump.
Read More »Saudi`s July Oil Output at Around 10.290 mln bpd
Saudi Arabia pumped 10.488 million bpd of crude oil in June. an increase of 458.000 bpd from the production figure it submitted for May.
Read More »Saudi`s $500 Billion Futuristic Mega City NEOM
NEOM was announced by Saudi Crown Prince Mohammad bin Salman at the Future Investment Initiative conference in Riyadh on October 24. 2017.
Read More »Saudis Can’t Replace Iran Oil
Saudi Arabia’s stated spare capacity is actually lower than its actual spare capacity.
Read More »OPEC Oil Production Jump to a 2018 High in July
OPEC’s crude oil production rose by 70.000 bpd from June to stand at 32.64 million bpd in July.
Read More »Crude Oil Futures Largely Stable as Markets Await Fresh Signals
US oil rig counts were up by two to 1.048 for the week ended July 27. according to Baker Hughes
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