India’s imports of African crude oil in October plunged to their lowest in over four years, with the world’s No.3 oil consumer increasingly turning to cheaper supplies from the United Continue Reading
Saudi Arabia’s sweeping anti-corruption purge should be viewed “very positively” by potential investors in Saudi Aramco as a sign the kingdom is committed to economic reform, according to the chief Continue Reading
Now, after half a century as a net importer, the U.S. is poised in the coming decade to become a net exporter, as imports from historic sources decline and demand Continue Reading
For years now, I have been warning about the relationship of interdependency between the U.S. and Saudi Arabia and how this relationship, if ended, would mean disaster for the petrodollar Continue Reading
RIYADH, Saudi Arabia — With the tacit backing of his father, Saudi Arabia’s 32-year-old crown prince has established himself as the most powerful figure in the Arab world, rushing into Continue Reading
In push to drain crude stocks, Riyadh concentrates on America Iraq and Canada take market share in the U.S. from the Saudis For a generation, the huge, whitewashed storage tanks Continue Reading
The Houthi rebel group in Yemen has threatened to start attacking oil tankers and warships sailing under enemy flag if the Gulf coalition fighting it in the country does not Continue Reading
Saudi Aramco is still studying the international venue for its IPO, but the chief of the Hong Kong stock market is certain that the Saudi oil giant will be attracted Continue Reading
Saudi Aramco plans to invest some US$300 billion in upstream oil and gas projects over the next ten years, Aramco’s chief executive Amin Nasser said at the ADIPEC energy conference Continue Reading
A fire erupted at an oil pipeline connecting Bahrain and Saudi Arabia, and the two Arab allies are pointing the finger at Tehran . Iranian officials denied any involvement, but Continue Reading
