Exxon Among 50 Oil Producers in Controversial Climate Pact at COP28
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2023-12-02 20:24
Saudis Forecast to Cut Oil Price to Asia as Competition Heats Up
Saudi Aramco is forecast to cut the price of its flagship oil grade to Asia for the first
2023-11-29 12:15
OPEC Defends ‘Vilified’ Oil Industry on Eve of Climate Meeting
OPEC issued a strongly worded defense of the oil-and-gas industry days before the start of the biggest ever
2023-11-28 12:18
Aramco Keeps $29 Billion Payout Even as Oil Production Falls
Aramco maintained its dividend to the Saudi government despite a drop in production and weaker oil prices as
2023-11-07 21:47
Saudi Aramco net profit drops less than expected, shares inch up
By Hadeel Al Sayegh and Yousef Saba DUBAI (Reuters) -Saudi Aramco on Tuesday reported a 23% fall in third-quarter net
2023-11-07 18:22
America's emergency oil reserve is at a 40-year low — and that could inflate oil prices, Goldman Sachs says
America's emergency oil stockpile has plunged to 40-year lows. The shrinking Strategic Petroleum Reserve is limiting Washington's ability to shield consumers from the fallout of Saudi Arabia's aggressive supply cuts, according to Goldman Sachs.
2023-09-28 01:55
Saudi Aramco considers selling $50 billion in shares - WSJ
(Reuters) -Saudi Aramco is considering selling a stake worth as much as $50 billion, the Wall Street Journal reported on
2023-09-01 22:49
Oil’s Hottest Trade Gathers Momentum as Key Spread Goes Negative
One of the hottest trades in the oil market this year is keeping on rolling, with the potential
2023-08-08 10:28
Aramco Q2 profit down 38% to $30 billion
DUBAI (Reuters) -Saudi Arabian state oil giant Aramco reported on Monday a near 38% drop in second-quarter net profit on
2023-08-07 15:24
Saudi Oil Prices to Asia Point to Uneven Recovery Across Markets
Saudi Arabia’s latest oil pricing for Asian customers is pointing to an uneven recovery, with higher-density crudes outperforming
2023-08-07 14:19
Saudi Wealth Fund Takes $15.6 Billion Hit From SoftBank and Tech
Saudi Arabia’s sovereign wealth fund reported a $15.6 billion comprehensive loss for 2022 after the value of its
2023-08-06 23:15
Petrobras Slashes Contentious Dividends and Buys Back Shares
Petroleo Brasileiro SA slashed politically contentious dividends after profits declined and the Brazilian oil major set a more
2023-08-04 18:54