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Tag: arabia
Bloomberg News: Saudi Arabia to Sell 600,000 bbl/d to US in April
2020-04-20 15:48:19| OGI
Sale will be the highest volume in a year.
Saudi Arabia Cuts Oil Prices to Asia, Raises US
2020-04-13 18:45:00| OGI
Saudi Arabia's cut in prices to Asia reflect weak demand, while pricing to Europe and the U.S. reflect oil market fundamentals and the global supply cut pact, an industry source told Reuters.
Saudi Arabia Buys Stakes in European Oil Majors
2020-04-09 20:00:00| OGI
The purchases of stakes in four major European oil companies come during a global oil and gas industry downturn, as demand has slumped during the coronavirus outbreak.
Tags: oil
european
arabia
saudi
Saudi Arabia Delays Setting May Prices, Looks to OPEC Meeting to Settle Price War
2020-04-06 15:23:04| OGI
Saudi Arabia is taking unprecedented action in delaying the release of its international crude selling prices by five days, a senior Saudi source familiar with the matter said on April 5, as the kingdom and other major producers seek to halt the free-fall in worldwide crude prices.
Tags: price
war
prices
meeting
Saudi Arabia, Russia Signal Readiness to Cooperate on Oil
2020-04-02 16:14:38| OGI
Stabilizing the oil markets is expected to be a challenge because demand has collapsed.
Tags: oil
russia
signal
arabia