Tag Archives: Saudi Arabia

One of the VLCCs sustained minimal damage.

Aramco pumps around 10 million bpd of crude oil.

Aramco’s initial thinking is to buy the full stake owned by the Public Investment Fund (PIF).

Saudi Arabia and large producers are ramping up output to offset losses that are likely to come as the November deadline approaches.

Economy to grow 1.9% in 2018. boosted by economic reforms and oil output increases.

Iraq continued to be the top oil supplier to India in the April-June period.

The cash from the IPO would have given the Saudi sovereign wealth fund fire-power for fresh deals.

OPEC agreed with Russia and other oil-producing allies last month to raise output from July.

Saudi Arabia and several other members of OPEC have increased exports sharply ahead of sanctions on Iran.

GDP growth forecast at 1.9 per cent in 2018 following Opec meeting in June.