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Bloomberg News: Saudi Arabia to Sell 600,000 bbl/d to US in April

2020-04-20 15:48:19| OGI

Sale will be the highest volume in a year.

Tags: us news april sell

 

Saudi Arabia Cuts Oil Prices to Asia, Raises US

2020-04-13 18:45:00| OGI

Saudi Arabia's cut in prices to Asia reflect weak demand, while pricing to Europe and the U.S. reflect oil market fundamentals and the global supply cut pact, an industry source told Reuters.

Tags: us prices asia oil

 
 

Saudi Arabia Buys Stakes in European Oil Majors

2020-04-09 20:00:00| OGI

The purchases of stakes in four major European oil companies come during a global oil and gas industry downturn, as demand has slumped during the coronavirus outbreak.

Tags: oil european arabia saudi

 

Saudi Arabia Delays Setting May Prices, Looks to OPEC Meeting to Settle Price War

2020-04-06 15:23:04| OGI

Saudi Arabia is taking unprecedented action in delaying the release of its international crude selling prices by five days, a senior Saudi source familiar with the matter said on April 5, as the kingdom and other major producers seek to halt the free-fall in worldwide crude prices.

Tags: price war prices meeting

 

Saudi Arabia, Russia Signal Readiness to Cooperate on Oil

2020-04-02 16:14:38| OGI

Stabilizing the oil markets is expected to be a challenge because demand has collapsed.

Tags: oil russia signal arabia

 

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