Weak oil demand in the third quarter hit Saudi Aramco’s net profits. According to reports, Saudi Aramco’s third-quarter results announced on the same day showed that…
Aramco
West Texas Intermediate crude slipped $3.19, or 8%, to trade at $36.60
Crude oil continues it’s schizophrenia moves during today’s trading session after reports of weakness in the post Coronavirus world. The list below is today’s top…
Saudi Arabia raises crude oil prices
Demand worries are lingering, yet Saudi Arabia has increased crude oil prices, and U.S. oil prices fell more than 3%. Earlier in the day, after…
U.S. To Withdraw American Patriot Missiles From Saudi Arabia
U.S. To Withdraw Patriot Missiles From Saudi Arabia and is considering reductions to other military capabilities. “Saudi Arabia is a very wealthy country and they’ve…
Saudi Aramco Cuts Crude Oil Prices
The cuts in monthly pricing by state producer Saudi Aramco are the first indication of how the Saudis will respond to the break up of…
Crude oil prices could plunge lower
Saudi Arabia has restored half of the crude product that was lost to devastating attacks on its oil industry, and the kingdom said output will…
$1.5 trillion IPO up in smoke?
New security fears jeopardize Saudi Aramco’s public stock offering following the attack. last week Saudi Aramco CEO Amin Nasser told media, the company would list…
Half of Saudi Arabia’s oil industry got taken offline by 1 drone
Yemen’s Houthi group said it attacked two plants at the heart of Saudi Arabia’s oil industry on Saturday, Taking out more than half the Dictatorships…
Saudi Aramco said it is ready to go public…will wait for better market conditions
“We, in Saudi Aramco, have delivered strong and unmatched financial results, despite lower oil prices and volatile market conditions. This is really a testament to our resilience,” said al-Dabbagh, noting the talks are in the early stages.
Saudi Aramco sells first LNG as oil giant expands into gas
State-run Aramco seeks to become a “major player” in the gas industry and is looking for potential joint ventures and partnerships, Nasser said in Riyadh….
Saudi Oil Company Makes More Than Apple and Exxon Combined
For the first time ever, Saudi Arabia on Monday unveiled the finances of Aramco, its national oil company, revealing that it brought in $111 billion…
Saudi Aramco Plans to Invest $500 Billion over the next 10 years
Saudi Aramco aims to become a global refiner and chemical maker, seeking to profit from parts of the oil industry where demand is growing the fastest while also underpinning the kingdom’s economic diversification.