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Tag: arabia
Oil Prices Rise to 11-month High after Saudi Arabia Pledges Unilateral Output Cut
2021-01-06 11:15:00| OGI
WTI futures in the U.S. climbed as much as 0.6% to $50.24/bbl, also the highest since Feb. 26, before slipping to $49.96. The contract on Jan. 5 closed up 4.6%.
Saudi Arabia Deepens Cuts as OPEC+ Agrees Oil Output Rollover
2021-01-05 19:00:00| OGI
Saudi Arabia is going beyond its promised cuts as part of the OPEC+ group of oil producers to support both its own economy and the oil market, the countrys energy minister says.
Shipping Firm Says Oil Tanker Hit by External Source in Saudi Arabia
2020-12-14 11:05:00| OGI
Shipping company Hafnia said one of its oil tankers had been hit by an unidentified "external source" that caused an explosion and a fire while the ship was discharging at Jeddah port in Saudi Arabia.
Tags: shipping
source
hit
firm
'External source' causes oil tanker explosion in Saudi Arabia
2020-12-14 07:13:12| BBC News | Business | UK Edition
The Singapore-flagged ship was hit by an unidentified "external source" while it was discharging.
Tags: source
external
oil
arabia
Saudi Arabia Cuts December Crude Prices to Asia
2020-11-05 20:30:00| OGI
Saudi Aramco was expected to maintain or slightly cut its December official selling prices for Asian buyers, according to a Reuters survey.
Tags: december
prices
asia
arabia