Tag Archives: Saudi Aramco

India Ramps Up Oil Imports from Saudi Arabia after Price Cut

India’s state-owned refiners are ordering their regular volumes of Saudi crude oil for June after the Kingdom reduced its prices, Reuters has reported, citing unnamed sources familiar with the situation. Saudi Arabia cut its official selling price for Asian clients earlier this month by between $0.10 and $0.30 in response …

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Aramco Is at the Core of Saudi Economic Diversification Plans

Saudi Arabia’s plans to diversify its economy hinges largely on funding from Aramco and other leading public sector entities while large private sector players are expected to join the massive 5 trillion-riyal ‘Shareek’ investment plan. The recent confirmation by Saudi Arabia’s Crown Prince Mohammed Bin Salman that the kingdom is …

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Aramco Oil Pipelines Company: The untold story

Evidence shows that biased media outlets will always exist when it comes to news about Saudi Arabia. The announcement of a $12.4 billion deal to set up a new unit called Aramco Oil Pipelines Company was reported unconstructively by some global news media as Saudi Aramco selling its assets, taking …

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