Tag Archives: Saudi Arabia

Nigerian supply dropped due to loading delays affecting several of the country'.s crude streams.

Trump warned close U.S. allies in an interview that aired on Sunday with a threat to sanction European companies that do business with Iran.

State oil giant Saudi Aramco sets its crude prices based on recommendations from customers.

Trump tweeted on Saturday that he’d gotten an agreement from Saudi Arabia’s King Salman to boost output.

Statement doesn’t confirm Trump tweet that King Salman ``agreed.``

Saudi Arabia cannot add 2mn bpd to the oil market.

Oil prices have been steadily rising since early 2016. when OPEC and non-OPEC producers struck a deal to cut output.

The lucrative deal is the second chance for South Korea to tap into the Middle East market following a US$20 billion contract with the UAE in 2009.

US president says convinced Salman to raise output by as much as 2 million bpd.

State oil company Saudi Aramco is aiming to boost production next month to about 10.8 million barrels a day.