Saudi Arabia To Supply Full July Crude Oil Volumes To Buyers In Asia – Sources

Saudi Arabia, the world’s top crude oil exporter, will supply full volumes of July – loading crude to its Asia customers, five sources with knowledge of the matter told Reuders on Friday. OPEC+ agreed in April to gradually ease oil output cuts from May to July and confirmed the decision at a meeting on June … More Saudi Arabia To Supply Full July Crude Oil Volumes To Buyers In Asia – Sources

Saudi Aramco Mandates Banks For Inaugural Dollar Sukuk

Saudi Aramco has hired a large group of banks to arrange its inaugural issaunce of U.S. dollar – denominated sukuk, a document showed on Monday, as it seeks cash to fulfill large commitments to its major shareholder, the Suadi government. The banks  will arrange fixed income investor cals starting on Monday, the document from one … More Saudi Aramco Mandates Banks For Inaugural Dollar Sukuk

Saudi Arabia Expected To Raise July Light Crude Prices For Asia – Survey

Top oil exporter Saudi Arabia is expected to slightly increase its July official selling prices (OSPs) of light crude for Asia, as margin weakness and demand uncertainty cap the upside despite stronger crude benchmarks, a Reuters survey showed. Sources at five Asian refiners on average expected the July OSP for Saudi flagship grade Arab Light … More Saudi Arabia Expected To Raise July Light Crude Prices For Asia – Survey

Saudi Arabia’s Crown Prince Announces Opening Of Sakaka Power Plant

Saudi Arabia’s Crown Prince Mohammed bin Salman announced the opening of the Sakaka IPP PV power plat, the Kingdom’s first renewable energy project, the Saudi Press Agency (SPA) reported on Thursday. The launch of the Sakaka IPP PV and the signing power purchase agreements (PPA) for seven new projects are the result of King Salman’s … More Saudi Arabia’s Crown Prince Announces Opening Of Sakaka Power Plant

Russia, Saudi Arabia At Odds Over Output Deal Ahead Of OPEC+ Meeting – RIA Cites Source

Saudi Arabia and Russia have difference over a potential deal among OPEC+ oil producers that could ease curbs on supply starting in April, a source told RIA news week. The Organization of the  Petroleum Exporting Countries and its allies, a group known as OPEC+, are likely to ease curbs on supply after April given a … More Russia, Saudi Arabia At Odds Over Output Deal Ahead Of OPEC+ Meeting – RIA Cites Source