Saudi Arabia is debating a short-term oil product cut as the deadly coronavirus continues to spread, the Wall Street Journal reported, citing OPEC officials. The…
Tag: Saudi Arabia Wahhabi
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…
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.
Is the Saudi-OPEC Alliance at a Tipping Point?
The Organization of the Petroleum Exporting Countries (OPEC) struggled when oil fell back into the $40s in December and January. The organization is committed to…