
Saudis See All ‘On Board’ to Extend Oil Cuts for 9 Months
All producers agree to extend crude output cuts by nine months to help trim a supply glut, according to Saudi Arabia’s energy minister.
Saudis See No Need to Extend OPEC Deal Beyond Six Months
OPEC probably won’t need to extend a deal it reached with other crude producers to cut output, given compliance with the reductions and the outlook for an increase in global demand, Saudi Energy Minister Khalid Al-Falih said.
Saudis Curb Oil to China, Southern Asia as Others Spared
Saudi Arabia was said to cut February crude sales to China and southern Asian nations while largely sparing countries including Japan and South Korea, as it curbs supply as part of a deal between OPEC and other producers.
Saudis Curb Oil to China, Southern Asia as Others Spared
Saudi Arabia was said to cut February crude sales to China and southern Asian nations while largely sparing countries including Japan and South Korea, as it curbs supply as part of a deal between OPEC and other producers.
Saudis Said to Duel Rivals by Curbing Heavy Oil Over Light Crude
Saudi Arabia is staying in the battle for market share by continuing to pump the type of oil that’s similar to rival U.S. and African supply, while fulfilling its promise to cut output by focusing curbs on other varieties.
Saudis, Mideast producers vie for China’s teapot crude imports
Top global oil exporter Saudi Arabia is looking at new ways to sell crude to China, offering more cargoes at spot prices and more lenient payment terms after losing ground in the world’s fastest-growing oil import market to Angola, Russia and others.
Saudis Lower Oil Price to Asia Most in 10 Months in Sign of Glut
Saudi Aramco, the world’s largest oil exporter, lowered the pricing terms for Arab Light sold to Asia by the most in 10 months as refineries grapple with falling margins and oversupply.