Saudi oil giant plans to trade as much as 6 million barrels a day.
Read More »Faleh: Global Market could Absorb Higher Oil Price
Oil has rebounded to over $70 a barrel. after prices crashed to as low as $26 in January 2016.
Read More »Russia Eyes an Exit. while Saudi Arabia Set to Maintain Global Past
OPEC and its allies achieved a historic 149 per cent compliance in March.
Read More »Gazprom and Saudi Aramco Expand Cooperation
Earlier this year. Russia and Saudi Arabia boosted further their energy ties.
Read More »Economic Growth in MENA is 3.1% in 2018
MENA is expected to achieve economic growth of 3.1% in 2018.
Read More »Saudi Arabia`s 400MW Wind Project Receives Four Bids
The kingdom is expected to tender nearly 4GW of renewable capacities this year.
Read More »OPEC Oil Production Fell by 200.000 bpd in March
Saudi Arabia’s March production fell 47.000 barrels to 9.934 million barrels a day.
Read More »India Expands Cooperation with Saudi Aramco in Planned Mega Refinery
Saudi Aramco. the world’s biggest oil producer. is moving to invest in refineries overseas to help lock in demand for its crude.
Read More »Saudi Oil Minister Happy with Oil Market at Present
Global benchmark Brent crude oil futures were trading at $70.78 a barrel at 0342 GMT.
Read More »Sinopec Cuts Oil Supply from Saudi Arabia
Sinopec put in the request earlier this week after national oil company Saudi Aramco set higher-than-expected prices.
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