Saudi Arabia ready to abandon $100 crude target to take back …
WEBSep 26, 2024 · Saudi Arabia is ready to abandon its unofficial price target of $100 a barrel for crude as it prepares to increase output, in a sign that the kingdom is resigned to a period of lower oil prices ...
Analysis: Saudi Arabia needs more than higher oil prices to fund …
WEBJun 5, 2023 · Saudi Arabia surprised traders again on Sunday with an oil production cut of about 1 million barrels a day, roughly 1% of global supply, which sent oil prices climbing.
Oil prices spike as Saudi Arabia, Russia extend 1.3 million barrel a ...
WEBSep 6, 2023 · Saudi Arabia and Russia agreed Tuesday, Sept. 5, 2023, to extend their voluntary oil production cuts through the end of this year, trimming 1.3 million barrels of crude out of the global market and boosting energy prices.
Saudi Arabia Raises Oil Prices to Asia | OilPrice.com
WEB3 days ago · Saudi Aramco in the weekend raised the price of its Arab Light grade loading for Asia in November by $0.90 per barrel to a premium of $2.20 a barrel above the Dubai/Oman benchmark. The Dubai/Oman ...
Saudi Arabia extends cut in amount of oil it sends to the world
WEBNov 30, 2023 · The OPEC oil cartel led by Saudi Arabia and allied producers including Russia will try to agree Thursday, Nov. 30, 2023 on cuts to the amount of crude they send to the world, with prices having tumbled lately despite their efforts to prop them up.
Saudi Arabia extends oil production cut even as US gas prices hit …
WEBAug 3, 2023 · OPEC leader Saudi Arabia is extending its oil production cut for at least another month in a move that threatens to drive gasoline and other energy prices even higher.
OPEC+ members agree to significant voluntary oil production cuts
WEBNov 30, 2023 · Saudi Arabia, the world’s biggest exporter of crude oil, will lead the effort by extending a voluntary production cut of 1 million barrels per day of oil — previously intended to run till the...
The Commodities Feed: Saudi Arabia’s divergent views on oil …
WEB3 days ago · Saudi Arabia raised its Official Selling Prices (OSP) for buyers in Asia for November loadings while trimming prices for European and US buyers. For its Arab Light crude oil, Aramco raised the premiums by US$0.90/bbl for Asian buyers to US$2.2/bbl. The market expected a smaller increment of around US$0.65/bbl.
Saudis, other oil giants announce surprise production cuts
WEBApr 2, 2023 · Saudi Arabia and other major oil producers say they will cut oil production by 1.15 million barrels per day from May until the end of 2023. The Saudi Energy Ministry said Sunday that its cuts of 500,000 barrels per day were in addition to a reduction announced last October.
Four takeaways as oil giant Saudi Aramco reports a huge $161 ... - NPR
WEBMar 12, 2023 · The world's biggest oil company Saudi Aramco has announced it made $161 billion in profits last year, a whopping figure for the corporation and its main shareholder, the Saudi government.
- Some results have been removedSome results have been hidden because they may be inaccessible to you.Show inaccessible results