Demand for Saudi Aramco’s inaugural international bond, which will be issued this week, is higher than $30 billion, Saudi Energy Minister Khalid al-Falih said on Monday. State-owned Saudi Aramco, the Continue Reading
Saudi Arabia threatened to use the “nuclear option” of undermining the petro-dollar if the U.S. moves forward with the NOPEC bill. The U.S. Congress has been mulling legislation , known Continue Reading
Saudi Arabia has gone nuclear, threatening the petrodollar . Or has it? The report from Zerohedge via Reuters that Saudi Arabia is angry with the U.S. for considering a bill Continue Reading
Saudi Arabia has threatened the United States to stop using dollars for its oil trades in an attempt to discourage legislators from passing a bill dubbed NOPEC aimed at holding Continue Reading
Saudi Aramco has now released its IPO Base Prospectus and the reaction has been varied and often confused. The headline was its $111 billion in profit, which many appropriately pointed Continue Reading
Saudi Arabia is threatening to sell its oil in currencies other than the dollar if Washington passes a bill exposing OPEC members to U.S. antitrust lawsuits, three sources familiar with Continue Reading
The Biggest Saudi Oil Field Is Fading Faster Than Anyone Guessed More (Bloomberg) — It was a state secret and the source of a kingdom’s riches. It was so important Continue Reading
Some of the most secretive, highly-anticipated details about the Saudi oil industry have just been released. Saudi Aramco is preparing to launch a major bond issuance to purchase the Saudi Continue Reading
An oil field in Saudi Arabia. The Saudis say some of its reserves — about a fifth of the total — have been drilled so systematically over nearly a century Continue Reading
DUBAI (Reuters) – Saudi Aramco, the world’s biggest oil producer, made core earnings of $224 billion last year, almost three times as much as Apple, figures from the state-owned company Continue Reading
