
Saudi Arabia crude exports rise to 7.232 million bpd in March
Saudi Arabia’s crude oil exports rose by 275,000 barrels per day in March from February, and it built stocks that month despite a fall in crude production, official data showed on Thursday.
Saudi Arabia Said to Cut Oil Output to Lowest Since January
Saudi Arabia pared its oil production last month to the lowest since January, staying below the output level it pledged to maintain as part of a global deal to reduce crude supplies, according to a person with knowledge of the data.
Saudi Arabia plans to change oil pricing for European customers
Saudi Arabia, the world’s top oil exporter, plans to change the way it prices oil for Europe from July, industry sources said, in an effort to increase the appeal of Saudi crude by making it easier for customers to hedge.
Saudi Arabia may insist on Iran oil output cuts to continue OPEC deal: sources
Geopolitical rivals Saudi Arabia and Iran may be headed for another OPEC showdown, as the producer group enters negotiations over extending oil production cuts in force since January.
Saudi Arabia Cut Crude Exports in January After OPEC Agreement
Saudi Arabia reduced crude exports in January as the world’s largest oil shipper led OPEC nations in their historic production cut to rebalance the market.
Saudi Arabia comes to rescue of oil markets, but sentiment remains fragile
Last week’s comments from Saudi Arabia’s Energy and Industry Minister Khalid Al Falih on the extension of the six-month output cut may continue to sooth frayed nerves, especially among traders who are still reeling from falling oil prices, but analysts sa
Saudi Arabia comes to rescue of oil markets, but sentiment remains fragile
Last week’s comments from Saudi Arabia’s Energy and Industry Minister Khalid Al Falih on the extension of the six-month output cut may continue to sooth frayed nerves, especially among traders who are still reeling from falling oil prices, but analysts sa