Arabian Gulf Business Insight on MSN
Saudi oil exports rise 37% in March
Saudi Arabia’s oil exports showed a 37 percent year-on-year increase in March while non-oil exports fell, according to official figures. Oil shipments’ share of total exports rose to 80 percent, from ...
The United States produces almost as much oil as Russia and Saudi Arabia combined when measuring the combination of crude oil and natural gas liquids such as butane, ethane and propane — a common way ...
Aramco, the world’s largest oil company, reported a 25% jump in first-quarter profits amid tight global oil supplies.
The UAE and Saudi Arabia are redirecting some oil exports away from the Strait of Hormuz as the latest Gulf crisis exposes the risks of relying too heavily on a single chokepoint. The shift does not ...
Saudi Arabia’s oil export value surged 37.4% in March to a 3.5-year high of $24.7B, even as volumes hit record lows, as $100+ oil and Yanbu rerouting offset Hormuz disruption.
Saudi Aramco CEO says the global energy market has lost about 1 billion barrels of oil supply amid the Iran war's disruption to Strait of Hormuz shipping.
Oil exports account for 80.3% of total merchandise exports, putting revenue at around $24.7B, as prices surged | Anadolu ...
OilPrice.com on MSN
Saudi Arabia Forced to Boost Fuel Oil Imports as Gas Output Dips
Saudi Arabia is importing more fuel oil for power generation as oil shut-ins reduce associated gas supply during peak summer ...
RIYADH — Saudi Arabia's crude oil exports fell by about 73,000 barrels per day (bpd) in January to 6.073 million bpd, while Saudi crude inventories increased by about 8.153 million bpd to 155.926 ...
Aramco, the world’s largest oil company, reported Sunday that its first quarter profits jumped 25% over last year, as it ...
Oil inventories are rapidly drawing down as the Strait of Hormuz remains closed, Saudi Aramco CEO Amin Nasser said.
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