With US sanctions waivers set to expire early next month, a State Department official said Tuesday that the US remained committed to “zeroing out” Iranian crude oil exports, claiming that Continue Reading
The Biggest Saudi Oil Field Is Fading Faster Than Anyone Guessed More (Bloomberg) — It was a state secret and the source of a kingdom’s riches. It was so important Continue Reading
Three of eight importers granted waivers by Washington to buy oil from Iran have now cut their shipments to zero, a U.S. official said on Tuesday, adding that improved global Continue Reading
Some of the most secretive, highly-anticipated details about the Saudi oil industry have just been released. Saudi Aramco is preparing to launch a major bond issuance to purchase the Saudi Continue Reading
An oil field in Saudi Arabia. The Saudis say some of its reserves — about a fifth of the total — have been drilled so systematically over nearly a century Continue Reading
DUBAI (Reuters) – Saudi Aramco, the world’s biggest oil producer, made core earnings of $224 billion last year, almost three times as much as Apple, figures from the state-owned company Continue Reading
raq’s oil exports fell month-on-month to an average of 3.377 million barrels per day (bpd) in March, the Oil Ministry said on Monday, as poor weather interrupted loadings and producer Continue Reading
Saudi Aramco, the world’s largest oil company, has for the first time ever issued a bond prospectus to financial markets, shedding some light on its financial structure and management. By Continue Reading
Iran’s Oil Minister Bijan Zangeneh arrived in Moscow on Monday for senior-level talks regarding the global oil market and energy cooperation between Iran and Russia, the Islamic Republic News Agency Continue Reading
The ongoing turf war between U.S. president Donald Trump and OPEC+ where the oil market needs to be heading is again heating up. With a barrage of accusations, Trump has Continue Reading
