Saudi Aramco Set To Boost Oil Capacity By 550,000 Bpd In Q4
Saudi Arabia’s oil giant Saudi Aramco is expected to pick up an additional 550,000 bpd of oil production capacity from two giant oil fields in the fourth quarter, so it Continue Reading
Saudi Arabia in short-term oil fix, fears extra U.S. supply next year
Saudi Arabia will quietly add extra oil to the market over the next couple of months to offset a drop in Iranian production but is worried it might need to Continue Reading
Iranian Revolutionary Guards warns Saudi Arabia, UAE to respect its ‘red lines’
Iran’s Revolutionary Guards (IRGC) told Saudi Arabia and the United Arab Emirates on Friday to respect Tehran’s “red lines” or face retaliation, as the United States and its Gulf allies Continue Reading
Saudi Arabia Just Made An Unconventional Move To Replace Iran’s Condensate Sales
Amid a growing number of buyers fleeing Iranian crude oil and condensate purchases ahead of the U.S. sanctions, Iran’s fellow OPEC member and regional arch foe Saudi Arabia is offering Continue Reading
Saudi Arabia in short-term oil fix, fears extra U.S. supply next year
Saudi Arabia will quietly add extra oil to the market over the next couple of months to offset a drop in Iranian production but is worried it might need to Continue Reading
Saudi Aramco signs crude oil supply term deal with China’s Rongsheng: source
Saudi Aramco has signed a long-term deal with Zhejiang Rongsheng to supply crude oil to the Chinese company’s new refinery in eastern China, a source with knowledge of the matter Continue Reading
Saudi Arabia’s untested claims of spare capacity may be put to the test
Highlights Kingdom claims 1.5 mil b/d spare capacity Using it limits response to further outages May draw from inventories instead London — Saudi Arabia has tried to dispel any fears Continue Reading
Saudi Royals Turn to Flag Waving and Fireworks to Marshal Support
The push aims to enlist support for 33-year-old Crown Prince Mohammed bin Salman and his vision, which includes a break with the religious zeal of the past. An image of Continue Reading
Saudis To Pump More Crude Oil In The Next Three Months
Saudi Arabia will boost its crude oil production in the coming months as it expects stronger demand, Oil Minister Khalid al-Falih said this weekend, as quoted by S&P Global Platts, Continue Reading
Iran Seethes at Saudi Arabia, West After Deadly Terror Attack
Iranian officials blame Saudi Arabia for training and funding the separatist group. Saudi officials haven’t commented on the attack and didn’t respond to questions seeking comment. Late Saturday, Iran’s foreign Continue Reading