How much oil does China need?
China is gearing up to build a mega refinery
Saudi Arabia
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Saudi King Salman admitted to hospital
Saudi Arabia’s 84-year-old ruler, King Salman bin Abdulaziz, has been admitted to hospital in the capital Riyadh, suffering from inflammation of the gall bladder, state news agency SPA said on Monday. The king, who has ruled …
Saudi Arabia issues coronavirus guidelines for pilgrimage
The Saudi Ministry of Hajj and Umrah has announced that 70% of this year’s pilgrims for the Hajj - which will take place from July 28 to August 2 - will be expatriate residents while the remaining 30% are Saudis, the Saudi Press Agency …
Saudi Arabia eyes total dominance in oil and gas
The top four oil producers remain in their positions through 2050
Russia develops drone-disabling systems to protect oil facilities
Such technology has become sought-after in the wake of the attacks on Saudi oil facilities last September
Saudi Arabia’s Oil Price War Cost The Kingdom $12 Billion In One Month
According to the IMF, the Saudi economy will crash by 6.8 percent this year
Saudi Arabia to bar arrivals from abroad to attend haj
Saudi Arabia said it will bar arrivals from abroad to attend the haj this year due to the coronavirus, allowing only a limited number of Saudi citizens and residents to make the pilgrimage with social distancing measures enforced. …
Saudi Arabia to lift Covid-19 curfew
Saudi Arabia will lift a curfew to prevent the spread of COVID-19 in the Kingdom on Sunday at 6 a.m, Arab News informs. The curfew will be lifted across the country, including in the cities of Makkah and Jeddah where residents are currently only …
Underperforming OPEC+ deal participants obliged to submit their schedules
The 19th Joint Ministerial Monitoring Committee was held via videoconference on June 18 under the Chairmanship of Saudi Arabia’s Minister of Energy Prince Abdul Aziz Bin Salman and Russia's Minister of Energy Alexander Novak. …
Saudi Arabia crude exports rose to 10.237 million bpd in April: JODI
Saudi Arabia’s crude oil exports in April rose to 10.237 million barrels per day (bpd) from 7.391 million bpd in March, official data showed on Thursday, Reuters reports. The country’s crude output rose by 2.274 mln bpd to …
Saudi Arabia approves Dexamethasone to treat COVID-19 patients
Saudi Arabia has approved dexamethasone to treat seriously ill COVID-19 patients after UK researchers found that the generic steroid drug substantially cuts the death rate among the seriously ill COVID-19 patients. The Saudi …
Saudi Arabia reports record number of new COVID-19cases
Saudi Arabia reported a record jump in new coronavirus cases on Sunday, with 4,233 more people tested positive for COVID-19, against the record highest of Friday's 3,921 cases. The new cases are considered the record highest …
Iran rejects UN report on origin of rockets used in Saudi attacks
Cruise missiles that slammed into a Saudi oil complex last year likely came from Iran, the United Nations concluded, lending support to U.S. allegations that Tehran was behind a series of attacks that sent tremors through global energy markets …
Iraq says fully committed to the OPEC+ cut deal
Iraq’s new oil minister Ihsan Abdul Jabbar affirmed in a phone call with Saudi energy minister Prince Abdulaziz bin Salman Iraq’s full commitment to the OPEC+ production cut deal, the oil ministry said in a statement. …
Saudi Arabia raises crude prices after OPEC+ extends cuts
Saudi Arabia has raised the selling prices for its crude grades to all destinations for July, a day after OPEC, led by Riyadh, and its allies agreed to extend record oil production cuts until the end of July. State oil giant Saudi …
Will OPEC believe Iraq
What’s most concerning in the market is that the OPEC deal could fall apart entirely
Gulf Cooperation Council's split line
GCC has experienced rocky relations before, but none as severe as the three-year blockade on Qatar
OPEC and non-OPEC meetings to be held tomorrow - source
Both ministerial meetings of OPEC countries and non-OPEC states will be held on Saturday, June 6, on one day, not on two as usually, a source participating in the talks said. "We have started preparations for the meeting, OPEC …
China buys up Middle Eastern oil
Middle Eastern petro-states’ reliance on China surges with Covid-19
OPEC+ could extend oil cuts through September - media
An alliance of oil-producing nations led by Saudi Arabia and Russia is close to a deal that would extend their collective production cuts through September 1, as the world emerges from pandemic-induced lockdowns, delegates said. …
