Russia and Saudi Arabia agreed to set up a task force to review oil market fundamentals and to recommend measures and actions that will secure oil market stability, according to Continue Reading
State-owned Saudi Aramco trims Arab Light discount by 90 cents Pricing raised to U.S., cut to Europe and Mediterranean Saudi Arabia, the world’s largest crude exporter, raised pricing for October Continue Reading
Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman attends a meeting with Chinese President Xi Jinping and ahead of the G20 summit, in Beijing, China August 31, 2016. Two years Continue Reading
Saudi Oil Minister Expectations for the success of the upcoming OPEC meeting in Algeria continue to seesaw, with comments from top officials from member countries continuing to alter oil market Continue Reading
Minister of Foreign Affairs of the Kingdom of Saudi Arabia, Adel al-Jubeir gives a speech at Peking University in Beijing, China, August 31, 2016. Saudi Arabia’s minister of foreign affairs Continue Reading
Saudi Arabia’s minister of foreign affairs said on Thursday that it would be reasonable for the kingdom to go along with other producers in changes to oil production. Adel al-Jubeir, Continue Reading
Saudi Arabia’s intensifying standoff with Iran has inflamed anti-Shiite sentiment in the kingdom, resulting in displays of hostility toward the minority group that play into the hands of Islamic State’s Continue Reading
Crude markets are ‘saturated’ with stored crude: Al-Falih China, India show strong demand; Saudi refineries boost use Saudi Arabia, the world’s biggest oil exporter, won’t boost output to capacity and Continue Reading
Saudi Arabian energy minister Khalid al-Falih said the top crude exporter does not target a specific figure for its oil production which is set based on its customer’s needs. “The Continue Reading
We begin by taking a quick look at some of the critical figures and data in the energy markets this week, which show that oil prices have bounced up and Continue Reading
