Saudi Arabia is putting itself in a potentially dangerous geopolitical position as it seeks to continue its decades’ long relationship with Washington while at the same time forging new ties, Continue Reading
Saudi Arabia isn’t buying the peak oil demand narrative. OPEC’s largest producer continues to expect global oil demand to keep rising at least by 2040 and sees itself as the Continue Reading
Saudi Aramco, the world’s top oil producer, is looking to acquire natural gas assets in the United States and is willing to spend “billions of dollars” there as it aims Continue Reading
The International Monetary Fund (IMF) cut on Monday its forecast for Saudi Arabia’s economic growth this year to 1.8 percent, down by 0.6 percentage point from the previous economic outlook Continue Reading
Saudi Arabia in November exported its highest volumes of crude oil in two years, the latest figures from the Joint Organizations Data Initiative showed Monday, as the kingdom boosted its Continue Reading
Saudi Aramco is on track to become a public company in 2021, Energy Minister Khalid al-Falih said during an oil conference in Abu Dhabi. Gulf News quoted the official as Continue Reading
Saudi Arabia’s Energy Minister Khalid al-Falih said on Sunday the oil market is “on the right track” and will quickly return to balance, but oil producers are willing to do Continue Reading
Saudi Aramco will issue bonds which will probably be in the 10 billion range, Saudi Arabia’s energy minister said on Sunday. Khalid al-Falih, speaking at a conference in Abu Dhabi, Continue Reading
OPEC has thrown a “lifeline” to US shale producers by cutting output to boost oil prices, Saudi energy minister Khalid al-Falih said Sunday, rejecting the notion of a market share Continue Reading
Saudi Arabia’s Aramco has created a retail network under its name to sell automotive and aviation fuel, as well as certified reserves through a third party, in moves that coincide Continue Reading
