Saudi Arabia Looks To Shelve Aramco IPO
Oil giant Saudi Aramco is thinking about reneging on its much talked about plans to publicly list a 5% stake in the company, Financial Times sources said on Friday. Last Continue Reading
Saudi Aramco Reportedly Shelves IPO In “Face-Saving” Move
We noted a month ago that the long-awaited Saudi Aramco IPO, scheduled for mid-2018, could be delayed to 2019, but now, according to The FT, Aramco is considering shelving plans Continue Reading
Saudi Aramco in stake sale talks with Chinese investor: sources
Saudi Aramco is considering the sale of a stake to a Chinese investor as plans for its highly-anticipated international public offering are pushed beyond its 2018 target, sources familiar with Continue Reading
Saudi Arabia Weighs Giving Up on International Listing for Aramco
Saudi Aramco, Saudi Arabia’s state-owned oil company. DUBAI—Officials at Saudi Arabia’s state-owned oil company are considering giving up on their plan to list shares in New York, London or any Continue Reading
Footloose Iraq Cannibalizes Saudi Market Share
Saudi Arabia continues to lead the charge in terms of the OPEC production cut deal – not only by keeping exports in check, but also by clearly communicating its next Continue Reading
Saudi Arabia’s Revolution From the Top Has No Place for Critics
Few would describe Mohammed Al-Arefe as a defender of women’s rights. In one infamous video, the Saudi cleric explains exactly how a man should beat his wife. But when the Continue Reading
Saudi Arabia Ups November Oil Exports To 7-Million Bpd
Saudi Arabia plans to export 7.1 million barrels of crude daily next month, substantially more than what it said it would ship abroad from August this year on, a spokesman Continue Reading
North Asia’s Saudi crude buyers receive up to 10% cut in November allocations
A number of Saudi crude oil buyers in North Asia have received up to a 10% reduction from their term volumes for November loadings, market sources said Tuesday, a day Continue Reading
Saudis to Make Deepest Cut to Crude Supply Despite Demand
Aramco plans to cut 560,000 barrels a day from November supply Kingdom urges producers to comply at “high levels” with limits Saudi Aramco plans to make “the deepest customer allocation Continue Reading
Saudi Arabia curbs oil exports to combat glut
Saudi Arabia is allocating fewer barrels of crude for export next month and at a level below current demand, emphasising the effort by global producers to reduce surplus inventories. In Continue Reading