American shale fields have flooded the oil market with crude, allowing the United States to import less from the Organization of the Petroleum Exporting Countries, which is led by Saudi Continue Reading
State-run Saudi Aramco has agreed to supply China’s Huajin Chemical Industries Group Corp 12 million barrels of crude oil under an annual deal for 2018, up sharply from last year, Continue Reading
Saudi Arabia oil minister Khalid al-Falih said on Saturday that he hopes the production constraints under a deal between major OPEC and non-OPEC oil producers will ease in 2019. The Organization Continue Reading
Saudi Arabia has hired an international law firm specializing in energy regulation in its efforts to extract a favorable agreement on civil nuclear cooperation from the United States. Newly published Continue Reading
Aramco said to have mulled Feb. sale via Motiva unit to Asia State-run Saudi firm decided sale was unviable for the month Even Saudi Arabia wants in on the U.S. Continue Reading
Saudi Arabia’s Aramco has considered the possibility of shipping U.S. crude via its Motiva unit to Asia, a source in the know has told Bloomberg. The company decided that for Continue Reading
Speculation continued into early 2018 about who — or which organization — would be the ultimate buyer of the five percent stake being offered for sale in Saudi Arabia’s national Continue Reading
The exaggerated attention on ‘peak demand’ for oil, a point in time when demand growth for oil peaks and has started to decline, is misplaced, the authors argue, partly because Continue Reading
Saudi Arabia is undergoing a truly seismic shift in its economy, politics, and society, all thanks to the oil price crash of 2014. Crown Prince Mohammed bin Salman, commonly referred Continue Reading
A pillar of the Saudi social contract has been the allocation of oil rents to the population in exchange for loyalty and fidelity to the Saud clan. A key weakness Continue Reading
