Trump’s Bid for More Oil Is a Hard Sell for Allies in U.S., Saudi Arabia
The president says lower prices could solve a range of problems, but finds early resistance in the oil market.
Oil prices attempt to bounce off 2025 lows after Saudi Arabia raises crude prices
Oil futures ticked higher early Thursday, seeing a modest bounce off 2025 lows after Saudi Arabia’s state-owned petroleum company significantly raised physical crude prices for Asia.Price moves West Texas Intermediate crude for March delivery rose 29 cents,
Saudi Arabia Defers $1.2B Oil Payment By Pakistan
Pakistan has signed an agreement with the Saudi Fund for Development to defer a $1.2 billion payment on the country's oil imports by one year
Oil prices: The US is in a 'delicate dance' with Saudi Arabia
President Trump's latest round of tariffs will target Canadian energy and oil (CL=F, BZ=F) imports, which could have a broader effect on gasoline (RB=F) prices; gas prices tick down on Monday amid reports that Canada is putting together a set of retaliatory tariffs of its own.
Oil prices look to bounce off 2025 lows after Saudi price hike for Asian buyers
Oil found some support Thursday from an increase in Saudi Arabia’s crude prices for Asian buyers, which implied strength in crude demand. But a hefty rise in last week’s U.S. supplies and uncertainty surrounding tariff disputes helped weaken the outlook for crude demand.
Oil Edges Higher After Saudi Arabia Hikes Selling Prices
Oil edged higher after Saudi Arabia lifted prices for March loadings of all crude grades it exports amid surging premiums for Middle Eastern oil.
Saudi Aramco Boosts Oil Prices to Asia by Most Since 2022
Saudi Arabia hiked the price of its flagship crude to Asia by the most in more than two years as the kingdom responds to surging premiums for Middle Eastern crude and improving refinery margins.
Saudi Aramco hikes Arab Light prices for Asia’s oil market
Saudi Aramco, the world’s largest oil producer, has significantly increased its official selling price for Arab Light crude oil destined for Asia. This move has sent ripples through the global energy markets,
Saudi Aramco hikes Asian crude oil price by $2.40 a barrel
State oil producer Saudi Aramco (TADAWUL:2222) has increased the price of its Arab Light oil to Asia for March by $2.40 a barrel. This adjustment, the largest since August 2022, surpasses the $2 increase that traders and refiners had anticipated,
Gulf states turn to metal trading to tap into growing demand
Companies in Oman, Abu Dhabi and Saudi Arabia explore markets fuelled by energy transition as they diversify beyond oil and ...
In Novel Oil and Gas Feud, 5th Circuit Gives Choice of Arbitration Venue
The U.S. Fifth Circuit appeals court tackled a novel arbitration dispute where an arbitration forum of choice ceased to exist ...
allAfrica.com on MSN3d
Dangote Refinery Exports 2 Cargoes Of Jet Fuel To Saudi Arabia
Since its production began in 2024, the Dangote refinery has steadily increased its output, now reaching 550,000 barrels per ...
Cyprus Mail on MSN1d
Saudi Arabia's Non-Oil Private Sector Grows at Decade-High Pace in Jan, PMI Shows
ABU DHABI (Reuters) - Saudi Arabia's non-oil business sector expanded at its strongest pace in just over a decade in January, ...
Zawya4d
OPEC and Saudi spare oil production capacity
Such a move would reduce crude supply, boosting oil prices and creating the need for others to pump more. Saudi Arabia and fellow members of the Organization of the Petroleum Exporting Countries ...
businessday3d
Dangote refinery exports jet fuel to Saudi Aramco
Dangote Petroleum Refinery recently exported two jet fuel cargoes to Saudi Aramco, the world’s largest oil producer and a ...
Vanguard3d
Dangote refinery exports two cargoes of jet fuel to Saudi Arabia
Dangote Petroleum Refinery has exported two jet fuel cargoes to Saudi Arabia’s Aramco, the world’s largest oil producer and a leading integrated oil and gas company.