Saudi Arabian Crude Oil

• 

  Putin Discusses Oil Market With Saudi Crown Prince Who Hosted Biden Last Week

  Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman spoke by phone on Thursday and underlined the importance of further cooperation within the OPEC+ group of oil producers.

• 

  Saudi Arabia Hikes July Crude Prices Surprisingly High For Asia Buyers

  Saudi Arabia raised July crude oil prices for Asian buyers to higher-than-expected levels amid concerns about tight supply and expectations of strong demand in summer.

• 

  As Oil At $70 Challenges Global Economic Recovery, What India May Face

  A missile attack Sunday on a key Saudi Arabian export facility sent Brent crude, the international benchmark, above $70 a barrel for the first time since January 2020

• 

  Oil Climbs On Positive China Data, Hopes For US Stimulus Package

  Saudi Arabian Aramco CEO Amin Nasser said on Sunday that he sees oil demand rebounding in Asia

• 

  "Have Plenty Of Oil": Trump To Consider Halting Saudi Oil Imports

  President Donald Trump said on Monday that his administration was considering the possibility of stopping incoming Saudi Arabian crude oil shipments as a measure to support the battered domestic drilling industry.

• 

  India Dials Saudi Arabia Over Rising Oil Prices As US-Iran Ties Worsen

  Petroleum minister Dharmendra Pradhan expressed concerns about rising crude oil prices to his Saudi Arabian counterpart, Khalid al-Falih, on Friday amid worsening US-Iranian tensions, a government statement said.

• 

  India Expresses Concerns On High Crude Prices To Saudi Arabia

  Petroleum Minister Dharmendra Pradhan has conveyed India's concerns over rising crude oil prices and its effect on the domestic fuel rates in his meeting with Saudi Arabian Minister of Energy, Khalid Al-Falih, an official said.

• 

  Saudi Arabia Sees Its Oil Reserves Lasting Another 70 Years

  The nation's wealth is based mainly on oil, with crude sales accounting for 75 percent of total export earnings, according to the prospectus.

• 

  Mood Sours Among Saudi Businessmen as Oil Slides

  Saudi Arabian entrepreneur Essam al-Zamel has overcome many obstacles to found a string of technology companies in the past decade, but he thinks sliding oil prices will be hard to handle.

• 

  Oil Edges Lower as Saudi Crude Exports Fall, US Cuts Drill Rigs

  Oil prices edged lower on today as data showed Saudi Arabian exports fell to the lowest in five months despite record output, while a resurgence in US drilling activity seen earlier this month seemed to fizzle out.

• 

  Oil Rebounds Towards $57; Weak Dollar Overshadows China Slowdown

  Brent crude reversed early losses to trade back towards $57 per barrel on Tuesday, as a weaker dollar overshadowed signs of slowing growth in China and Saudi Arabian oil production close to an all-time high.

• 

  Oil Edges Up Toward $65, Traders See More Downside

  Comments by the Saudi Arabian oil minister shrugging off an output cut on Wednesday renewed worries of a global glut that has slashed oil prices by more than 40 per cent since June.

• 

  Oil Tumbles More Than $6 as OPEC Keeps Output High

  Asked whether the oil producer group had decided to reduce production, Saudi Arabian Oil Minister Ali al-Naimi told reporters: "That is right."

• Oil weakens with euro zone crisis, ample supplies

  Crude oil futures fell close to $97 a barrel on Tuesday on fears the euro zone debt crisis will worsen, threatening demand growth, while OPEC is likely to keep output unchanged.

• Brent crude below $126, holds most gains made on Iran worries

  Oil prices were also supported by a brighter outlook for the U.S. economy.