Saudi Arabia is nervous over OPEC compliance
OPEC officials are hoping to limit the production of both Libya and Nigeria, as fears grow that the two exempted members are undermining cuts from…
Saudi oil
Saudi view on OPEC deal problems
The committee to monitor the global agreement made by 24 nations to curb production held its fourth meeting this year on July 24 — this…
Oil imports of China and India show Saudi Arabia is already carrying the burden of cuts – Video
Saudi Arabia wants to do more to boost crude oil prices by taking a razor to its exports, but the kingdom is already doing much…
Saudi Arabia: Technical problems could wipe out the world’s oil glut in weeks
OPEC exports have come under pressure this week from technical threats to oil fields, with Saudi Arabia’s Manifa problems grabbing the headlines. Saudi Aramco CEO…
Worst-case oil scenario of Saudi Arabia might surprise you – Photo
Saudi Arabia might not be as frustrated as one would expect by the oil market’s weakness in the face of a coordinated cut by major…
Japan raises crude storage capacity for Saudi Aramco by 30 percent
Japan said on Friday that it was preparing to raise the crude oil storage capacity that it lends for free to Saudi Aramco by 30…
Saudi Arabia cuts supply to Asia, oil price rises
Oil futures rose in Asian trading on Wednesday after Reuters reported Saudi Arabia would cut supplies to the region as oil cartel Opec battles against…
Taxes on oil firms will be cut in Saudi Arabia
Custodian of Two Holy Mosques King Salman bin Abdulaziz has ordered a package of reductions on tax regime for oil and hydrocarbon producers operating in…
Saudi may raise oil investments to USA under Trump presidency
Saudi Arabia may increase its oil investments in the United States due to a more fossil fuel-oriented energy policy by the U.S. administration of President…
Attack in Istanbul precursor to ISIS strike on Saudi oil
ISIS has claimed responsibility for the shooting in a nightclub in Istanbul on New Year’s Eve, in which a gunman – who is still at…