Saudi oil - page 2

Russia, Saudis Move at a Different Pace as Oil Cuts Scrutinized

EghtesadOnline: Russia and Saudi Arabia head to this weekend’s OPEC committee meeting as the tortoise and hare of a global deal to cut oil supply, with Moscow sticking to a slow and steady pace despite Riyadh’s cajoling.

|

Publish Date:25/March/2017 | 06:45

Russia, Saudis Move at a Different Pace as Oil Cuts Scrutinized

EghtesadOnline: Russia and Saudi Arabia head to this weekend’s OPEC committee meeting as the tortoise and hare of a global deal to cut oil supply, with Moscow sticking to a slow and steady pace despite Riyadh’s cajoling.

|

Publish Date:25/March/2017 | 06:45

Saudi exports to U.S. to fall by 300,000 barrels per day in March - official

EghtesadOnline: Saudi Arabia's crude exports to the United States in March will fall by around 300,000 barrels per day from February, in line with OPEC's agreement to reduce supply, a Saudi energy ministry official said on Thursday.

|

Publish Date:24/March/2017 | 10:29

Saudi exports to U.S. to fall by 300,000 barrels per day in March - official

EghtesadOnline: Saudi Arabia's crude exports to the United States in March will fall by around 300,000 barrels per day from February, in line with OPEC's agreement to reduce supply, a Saudi energy ministry official said on Thursday.

|

Publish Date:24/March/2017 | 10:29

Saudi Arabia Says Oil-Supply Cuts May Be Extended If Needed

EghtesadOnline: OPEC and its allies may prolong production cuts after they expire in June if the world’s crude inventories remain excessive, Saudi Arabia’s Energy Minister said.

|

Publish Date:18/March/2017 | 07:48

Saudi Arabia Says Oil-Supply Cuts May Be Extended If Needed

EghtesadOnline: OPEC and its allies may prolong production cuts after they expire in June if the world’s crude inventories remain excessive, Saudi Arabia’s Energy Minister said.

|

Publish Date:18/March/2017 | 07:48

Falih: No Free Ride for US Shale Producers

EghtesadOnline: Senior Saudi energy officials told top independent US oil firms in a closed-door meeting this week that they should not assume OPEC would extend output curbs to offset rising production from US shale fields, two industry sources told Reuters on Thursday.

|

Publish Date:11/March/2017 | 16:46

Surprise Oil Price Cut Shows Saudis Are Trying to Fend Off U.S. Sweet Crude

EghtesadOnline: The oil is light, sweet and tempting, with a lot of it made in the U.S. Saudi Arabia’s trying to keep it away from the biggest crude buyers.

|

Publish Date:09/March/2017 | 06:15

These Are All the Ways a Saudi Aramco IPO Could Impact Markets

EghtesadOnline: The exact dollar value of Saudi Aramco may be up for debate, but the listing of the world’s biggest company will be priceless for the kingdom’s markets.

|

Publish Date:02/March/2017 | 11:31

Man Who Moved Oil With His Words Won't Talk About It Anymore

EghtesadOnline: For more than two decades, the oil market hung to Ali al-Naimi’s every word -- whether he was taking a characteristic stroll at dawn on Vienna’s Ringstrasse, hurrying through a hotel lobby after a conference, or dodging throngs of reporters at an OPEC meeting.

|

Publish Date:02/March/2017 | 11:14

Saudi Arabia Breaks Records on Oil Exports and Output for Year

EghtesadOnline: Saudi Arabia boosted oil exports and production last year to the highest monthly averages on record as the global crude market endured oversupply.

|

Publish Date:21/February/2017 | 05:05

Saudi Oil Shipments Soared Ahead of OPEC Production Cut

EghtesadOnline: Saudi Arabia’s crude exports surged to a 13 1/2-year high in November, just before it led global producers in restricting supplies to curb the worst glut in decades.

|

Publish Date:20/January/2017 | 11:55

Aramco Chief Says Oil Tax Will Be Cut to Lure Investors to IPO

EghtesadOnline: Saudi Arabia has promised it will reduce the overall tax rate paid by its national oil company to make its 2018 initial public offering -- potentially one of the largest in history -- more appealing to investors.

|

Publish Date:18/January/2017 | 04:49

Saudi Plans for Early End to OPEC Pact Risk Leaving Job Undone

EghtesadOnline: Saudi Arabia says OPEC is on track to wrap up its production curbs by the middle of the year. That would leave its aim of clearing a global oil glut unfinished.

|

Publish Date:16/January/2017 | 15:00

Saudi Oil Output Drops Under OPEC Quota Close to Two-Year Low

EghtesadOnline: Saudi Arabia has reduced oil production to less than 10 million barrels a day, below its targeted level, and will consider renewing its pledge to cut crude output in six months, Energy Minister Khalid Al-Falih said.

|

Publish Date:14/January/2017 | 14:33

Saudis Said to Duel Rivals by Curbing Heavy Oil Over Light Crude

EghtesadOnline: Saudi Arabia is staying in the battle for market share by continuing to pump the type of oil that’s similar to rival U.S. and African supply, while fulfilling its promise to cut output by focusing curbs on other varieties.

|

Publish Date:09/January/2017 | 11:12

'Contango' is in OPEC's crosshairs, Goldman Sachs says.

There's an Early Sign OPEC's Push to 'Fast-Forward' the Normalization of the Oil Market May Be Working

EghtesadOnline: When it comes to OPEC production cuts, "We tend to cheat," said former Saudi Arabia Oil Minister Ali al-Naimi after the group reached an agreement to curb output late last year.

|

Publish Date:07/January/2017 | 15:06

Saudi newspaper says report on huge Aramco stake sale was wrong

EghtesadOnline: Major Saudi Arabian newspaper al-Eqtisadiah retracted a report on Sunday that said state oil giant Saudi Aramco planned to sell 49 percent of its shares over the next 10 years.

|

Publish Date:25/December/2016 | 11:43

Saudi Arabia See Oil Revenue Rising 46% in 2017 as Prices Climb

EghtesadOnline: Saudi Arabia expects oil revenue to jump by 46 percent next year after a deal between the kingdom and other producers to curb output drove up global prices.

|

Publish Date:25/December/2016 | 10:50

Saudi Oil Minister Sees Commitment to Cuts Ending Glut in Months

EghtesadOnline: OPEC and other major oil producers are committed to a “high level of compliance” with their agreements to cut output, and the shared strategy will balance the market in 2017, Saudi Oil Minister Khalid Al-Falih said.

|

Publish Date:15/December/2016 | 07:01