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Tag: saudi arabia
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
US To Send Official To Saudi Arabia As Texas Regulator Suggests Oil Cuts
2020-03-20 20:00:00| OGI
Texas oil regulator Ryan Sitton said OPEC Secretary-General Mohammad Barkindo was "kind enough to invite me to the next OPEC meeting in June."
Saudi Arabia To Keep Oil Production At Record Rate For Coming Months
2020-03-18 18:35:50| OGI
Saudi Arabia said it will boost its crude supply in April to a record rate and its oil exports are also set to hit a new high in May.
Tags: rate
months
record
production
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