Saudi Arabia on Sunday initiated a secondary share sale in the oil giant Aramco, a landmark deal that could generate up to $13.1 billion, serving…
Posts tagged as “oil market”
Saudi Arabia and allied oil-producing countries agreed on Sunday to extend most of their deep oil output cuts well into 2025, exceeding market expectations, as…
Oil prices steadied on Monday morning amid political uncertainty in major producing nations following the death of Iran’s president and other officials in a helicopter…
No progress has been made in long-standing talks for international oil companies to resume exporting crude from the semi-autonomous entity controlling Iraq’s north to Türkiye,…
Saudi oil giant Aramco on Sunday reported it made $121.3 billion in profit in 2023, down from its 2022 record due to lower energy prices,…
Iraq has not received formal notification from Türkiye on whether the oil exports pipeline is ready to commence its operations, two senior Iraqi oil officials…
The world demand for crude is expected to continue to grow for the next two decades, according to the OPEC oil cartel on Monday, despite…
Türkiye’s Minister of Energy and Natural Resources Alparslan Bayraktar met Iraqi Deputy Prime Minister for Energy Affairs and Oil Minister Hayan Abdel-Ghani in Ankara to…
Saudi Arabia’s state-run oil giant Aramco on Monday said its net profit in the second quarter fell nearly 40% from a year ago to $30…