Saudi Arabia will raise oil prices for Asian and American clients in September, indicating that the world’s top crude producer believes demand will continue to improve despite a considerable increase in COVID-19
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Aramco, the state-owned energy giant of Saudi Arabia, and an international investor consortium reached an agreement on a share sale and purchase deal in which the consortium paid $12.4 billion for a
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According to a Bloomberg news written by Dana El Baltaji, Archana Narayanan, and Matthew Martin, Saudi Arabia hired advisors from prominent banks including Citigroup Inc. and Goldman Sachs Group Inc. for its
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On Monday, the General Authority for Statistics in Saudi Arabia issued a statement regarding the economic outlook of the Kingdom in the first quarter of this year. According to the statement, Saudi
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On Friday, Saudi officials announced that an oil facility belonging to Saudi Aramco was targeted by drone attacks at around 6 am. The attacks caused a fire outbreak. According to the statement
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On Thursday, Yemeni Houthi forces claimed an attack on the Aramco facilities near the Red Sea at Jeddah, though Saudi authorities have not confirmed the attack yet. Saudi Aramco is an oil
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On Thursday, the de-facto ruler of the Kingdom of Saudi Arabia, Mohammed bin Salman (MbS), spoke at the Future Investment Initiative conference. He said that Aramco will make more share sales in
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