Saudi oil

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Saudi Arabia Signals Ambition for $80 Oil Price
2018/04/11 11:22
EghtesadOnline: Saudi Arabia wants to get oil prices near $80 a barrel to pay for the government’s crowded policy agenda and support the valuation of state energy giant Aramco before an initial public offering.
Saudis Leads Persian Gulf Nations in Cutting Break-Even Oil Price
2017/10/31 18:22
EghtesadOnline: Saudi Arabia, OPEC’s biggest oil producer, is also a leader when it comes to slashing the crude price the country needs to balance its budget.
Iran, Iraq Battle for Crude Market Share
2017/10/11 16:46
EghtesadOnline: Iraq and Iran boosted crude exports in September, taking advantage of a slower pace of shipments from the rival Saudi Arabia to win buyers in key markets like China and the US.
Saudi Arabia's Budget Deficit Narrows as Crude Revenue Rises
2017/08/14 09:50
EghtesadOnline: Saudi Arabia’s second-quarter budget gap narrowed to 46.5 billion riyals ($12.4 billion) after income from oil advanced.
Saudi, Iraq Oil Ministers Agree to Stronger Oil-Cuts Commitment
2017/08/12 17:21
EghtesadOnline: OPEC’s two biggest producers agreed to strengthen their commitment to production cuts and maintain balance in world crude markets, Saudi Energy Minister Khalid Al-Falih said after talks with his Iraqi counterpart Jabbar al-Luaibi, according to the kingdom’s state news agency SPA.
Saudi Economic Pain Will Test Resolve of Prince's Reform Push
2017/07/24 08:49
EghtesadOnline: Saudi Arabia’s drive to reduce the economy’s reliance on oil has hit a snag: its reliance on oil.
Saudi Economy Shrinks, Showing Task Facing New Crown Prince
2017/07/02 11:52
EghtesadOnline: Saudi Arabia’s economy shrank by 0.5 percent in the first quarter, illustrating the scale of the challenge facing the country’s new heir as he overhauls an economy still reliant on a struggling oil industry.
Iraq Is New Oil King, Beats Saudis in Fastest Growing Market
2017/06/14 17:10
EghtesadOnline: Iraq is gaining the edge over Saudi Arabia in the world’s fastest-growing oil consumer amid an intensifying race among producers to retain their most-prized markets.
Oil Rises After Third Weekly Loss as Saudi Arabia Sees Recovery
2017/06/12 17:08
EghtesadOnline: Oil steadied after a third weekly loss as predictions by Saudi Arabia and Russia that crude markets will rebalance vied with signs that U.S. companies are drilling even more wells.
Saudi's Falih Sees No Need to Alter Oil-Cuts Deal, Interfax Says
2017/06/11 08:54
EghtesadOnline: Saudi Arabia doesn’t see any need for changes to the oil-cuts deal agreed on by OPEC and its allies last month in Vienna, Oil Minister Khalid Al-Falih said, according to Interfax.