While global oil markets are accustomed to factoring geopolitical uncertainty into oil prices, this kind of geopolitical fallout hasn’t been seen for a number of years. The world’s largest oil Continue Reading
Saudi Arabia’s state oil giant drew record demand for its debut bond issue. A month on, the debt has hit a rough patch. Yields on the debt of Saudi Arabian Continue Reading
The Saudi-led coalition conducted air strikes on Yemen’s capital Sanaa on Thursday, targeting bases of the Iran-aligned Houthis after the Houthis claimed responsibility for the drone attacks on an oil Continue Reading
Recently, Saudi Aramco, the world largest oil exporter, has acknowledged that Ghawar, the world largest oil field, is in decline. The news went mostly unnoticed except in the specialized media. Continue Reading
Saudi Aramco restarted pumping oil on Wednesday through the pipeline which was hit by drone attacks on Tuesday, Arab media report. Two pumping stations along Aramco’s East-West oil pipeline in Continue Reading
Highlights Saudi Arabia files complaint to UN Security Council UAE beefs up maritime security OPEC/non-OPEC committee to meet Sun in Jeddah Dubai — Saudi Arabia is directly pointing the finger Continue Reading
Saudi Arabia’s state oil giant Aramco says that it doesn’t believe all the ‘peak oil demand hype’ and expects that its crude oil will be in high demand for decades Continue Reading
OPEC de facto leader and the world’s largest crude oil exporter Saudi Arabia is still trying to pivot away from over-reliance on crude oil export revenue. But, to achieve this Continue Reading
Asian refiners shrugged off the latest shutdown of Saudi Arabia’s East-West oil pipeline as the companies bring in the vast majority of their term Saudi crude barrels via Persian Gulf Continue Reading
Saudi Arabia said two of its oil pumping stations were hit by drone attacks on Tuesday, heightening concerns about the security of the kingdom’s energy infrastructure 48 hours after two Continue Reading
