India had bought about 300.000 barrels per day (bpd) of Iranian oil under the six-month U.S. sanctions waiver.
Read More »Pakistan. One of the World’s Fastest Growing LNG Markets
Pakistan is one of the world’s fastest growing LNG markets and is still looking to secure long-term supply contracts for its second LNG terminal.
Read More »OPEC to Gather in Jeddah amid Regional Tensions and Price Volatility
Saudi Arabia and the UAE had pledged to raise output to offset any outages in the market.
Read More »Two Saudi Oil Tankers Attacked Near UAE Waters
one of the two Saudi vessels attacked was on its way to be loaded with Saudi crude from Ras Tanura port for delivery to state-owned Saudi Aramco’s customers in the United States.
Read More »Saudi`s Big Plans in India
Bilateral trade between Riyadh and New Delhi currently stands at $28 billion.
Read More »China’s Thirst for Saudi Oil
China stepped up purchases of Saudi oil in the first four months of this year.
Read More »Saudi Aramco Raises All June Asia-Bound Crude OSPs by $0.40-$1.20 b from May
The June Medium grade price differential was the highest since December 2013.
Read More »Crude Oil Futures Lower as US. Saudi Poised to Fill Iran`s Supply Void
The number of rigs targeting gas rose by nine to 224. while the oil-directed rig total increased by 11 to 857.
Read More »Trump Wants Cheap Oil. but ‘Saudis Need Higher Prices’
Saudi Arabia’s fiscal break-even could be as high as $95 per barrel this year.
Read More »Saudi Taqa has Purchased Schlumberger`s Middle Eastern Drilling Business for $1.2 Billion
Taqa plans to use about $800 million of its own funds for the planned acquisitions.
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