Saudis dig in for shale fight as Opec+ extends cuts into 2020“This is a commitment to reduce inventories, and whatever it takes for them to do it.”
Saudi Arabia hopes to extend OPEC+ cuts by early JulySaudi Arabia, the group’s defacto leader, is seeking to balance global oil markets before 2020.
Demand for Aramco's bond may top $30 bn: Saudi energy ministerThe Aramco bond deal will close on Wednesday.
Aramco IPO to take off within two years: ReportSaudi Energy Minister had said in January that the state oil giant will be listed by 2021.
Saudi Crown Prince warmth for PM Narendra Modi could stabilise oil pricesThe Saudi Crown Prince showed expectional warmth towards Modi from personally receiving the Indian PM outside meeting venue.
Saudis pledge decisive oil supply boost to comfort consumersConsumers can rest assured that “their energy supplies are available, Saudi Energy Minister said.
Crude's top hedge fund manager says oil at $300 not impossibleThe hedge fund manager is of the view that a triple digit oil price will not dampen growth but is necessary to boost investment outside of ...
Saudi Aramco picks up 50% stake in Maharashtra refineryAramco, like other major producers, wants to tap rising demand growth and invest in the world's third-biggest oil consumer. Last year it op...
Saudi Aramco IPO could be delayed until 2019The planned sale of 5 per cent of Aramco could bring Saudi Arabia $100 billion.
Opec's easy win masks tough oil market choices still to comeThe cuts have allowed the US shale producers to lock in margins and plan new investments.
Saudi Aramco's $100 billion IPO is on track for 2018 launchExchanges in London and New York are vying for a role in Aramco’s IPO.
Saudis greet Trump with more than $50 billion in US dealsSaudi Aramco will sign accords and joint-venture agreements valued at about $50 billion with companies like General Electric, Schlumberger ...
We may not see oil at $100 againOil prices will never be $100 per barrel as industry can grow production even with oil trading at today’s prices.
How a 2 am phone call sealed the Opec deal on crude output cutIn April, an accord between Opec and Russia collapsed on the day it was to be signed when Saudi Arabia unexpectedly insisted that Iran had ...
Oil price down cycle 'nearing end': Khalid al-FalihQatar's energy minister, Mohammed al-Sada, whose country holds the rotating presidency of the OPEC oil exporting cartel, also said the "dif...
India to host ministerial session of International Energy Forum 2018Al-Falih to host the IEF meet during a telephonic conversation between the two ministers, according to the statement.
Saudi Aramco plans to invest $40 billion a year for the next decadeSaudi Aramco, the world's biggest oil producer, plans to invest $40 billion a year over the next decade to keep oil production capacity ste...