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Aramco CEO says oil’s ‘central bank’ can handle any disruption

(Bloomberg) Aramco’s quick recovery from the attacks on its Abqaiq oil facility shows resilience and flexibility that’s without parallel in the industry, proving to...

Saudi Aramco targeting up to $1.7 trillion in IPO valuation

Saudi Arabia’s state-owned oil giant Aramco announced Sunday it will sell a 1.5% stake in the company as it looks to raise as much...

Several countries “locked and loaded” to fill Saudi oil supply gap...

Several countries are “locked and loaded” to fill the oil supply gap left by the attack on Saudi Arabia, Rystad Energy said on Friday,...

Risk of further Saudi attacks high

(Rigzone) The risk of further high-impact attacks against Saudi energy infrastructure is high. That’s according to Torbjorn Soltvedt, principal MENA analyst at Verisk Maplecroft,...

Oil price spike after Saudi attack likely short-lived – Rystad Energy

In an update to clients after the biggest attack on oil infrastructure since the Gulf War, Bjørnar Tonhaugen, head of oil market research at...

Saudi Arabia signs deals worth $50 billion in oil, gas and...

(Reuters) - Saudi Arabia signed deals worth more than $50 billion in oil, gas, infrastructure and other sectors at an investment conference in Riyadh...

Saudi Arabia has no plans to repeat 1973 oil crisis

(Bloomberg) -- Saudi Arabia has no intention of using its oil wealth as a political tool in the controversy over the killing of journalist...

Oil rises as Saudis are said to be content with prices...

(Bloomberg) Oil rose as Saudi Arabia was said to be comfortable with Brent crude exceeding $80 a barrel. Futures in London added as much as...

Gasoline prices just jumped 127% in Saudi Arabia

(Bloomberg) The cost of living is rising for Saudis this year as the government raises gasoline prices and introduces value-added taxation to plug the...

Saudi shocks reawaken global oil markets to political risk

(Bloomberg) For the first time in three years, the chief concern in the oil market isn’t too much supply. Just as production cuts by OPEC...