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OPEC+ To Hike Petrol Output To 548,000 Barrels Per Day In August
Saudi Arabia, Russia and six other key members of the OPEC+ alliance said they would further increase oil output in August to 548,000 barrels per day.
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Saudi Extends Voluntary Oil Cut Of 1 Million Barrels Per Day Until Mid-2024
Saudi Arabia announced on Sunday it would extend oil supply cuts through June as part of a bid to prop up prices.
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Gulf Nations, Russia To Cut Oil Production By Over 1 Million Barrels Per Day
Cuts by Saudi Arabia, the UAE and Kuwait totalling 772,000 barrels per day (bpd) will take effect from May and last for the rest of the year, they said in statements released by official media.
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US vs Saudi Over Oil Supply Cut, Riyadh Rejects Charges Of Backing Russia
The United States and Saudi Arabia traded bitter barbs Thursday over last week's OPEC+ oil output cut, with Washington accusing Riyadh of knowingly boosting Russian interests.
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Oil Extends Gains As Major Producers Flag Capacity Limits
Saudi Arabia and the UAE have been seen as the only two countries in the Organization of the Petroleum Exporting Countries (OPEC) with spare capacity to make up for lost Russian supply and weak output from other member nations.
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Saudi Arabia Hikes July Crude Prices Surprisingly High For Asia Buyers
Saudi Arabia raised July crude oil prices for Asian buyers to higher-than-expected levels amid concerns about tight supply and expectations of strong demand in summer.
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India Calls Saudi Advice On Oil 'Undiplomatic'
Union Minister for Petroleum, Natural Gas and Steel Dharmendra Pradhan on Friday dismissed his Saudi counterpart's advice to reduce oil stores to tackle high crude prices, describing the comment as "undiplomatic."
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Brent Crude Heads Toward $70 As China Energy Demand Outlook Brightens
Top oil exporter Saudi Arabia has cut the supply of April-loading crude to at least four north Asian buyers by up to 15 per cent, while meeting the normal monthly requirements of Indian refiners
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Saudi To Meet Any Oil Supply Shortage To India From Other Sources: Envoy
Notwithstanding the biggest-ever attacks on its oil facilities, Saudi Arabia has said it is committed to meet India's energy security needs and will work constructively with other oil producers to maintain market stability.
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No Disruption In Saudi Oil Supply For India, Tanker On Way, Say Sources
There may be no disruption of supply of oil from Saudi Arabia despite last week's drone attack on two oil installations halved the country's production, but the prices which are tied to international market, may rise, sources told NDTV today.
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Who Can Boost Crude Supply To Offset Saudi Oil Attacks? Here's A List
Here is a list of countries that could boost crude production to offset losses from Saudi Arabia in the event that the disruption to supplies from the attacks on its Abqaiq and Khurais processing facilities lasts longer than initially expected. It's not a long list and much may not be accessible.
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Centre's Assurance After Attack On Saudi Facilities Halves Output
Union Petroleum Minister Dharmendra Pradhan on Monday said that oil supplies to India will not be disrupted after an attack on Saudi Arabian oil facilities over the weekend halved the kingdom's production.
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After Attacks, Saudi Full Oil Supply May Take Weeks To Resume: Report
Saudi Arabia's return to its full oil supply capacity after Saturday's attacks on Aramco oil plants could take "weeks not days", a source close to the matter told Reuters on Sunday.
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Russia, Saudi Arabia To Extend OPEC Production Cut Deal: Vladimir Putin
Russia and Saudi Arabia have agreed to extend a deal to keep oil production low owing to abundant world supplies, President Vladimir Putin said on Saturday.
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Saudi King Salman Warns "Terror" Attacks Could Threaten Global Oil Supply
Saudi Arabia's King Salman on Saturday warned that "terrorist" attacks in the region could imperil global oil supplies.
-
OPEC+ To Hike Petrol Output To 548,000 Barrels Per Day In August
Saudi Arabia, Russia and six other key members of the OPEC+ alliance said they would further increase oil output in August to 548,000 barrels per day.
-
Saudi Extends Voluntary Oil Cut Of 1 Million Barrels Per Day Until Mid-2024
Saudi Arabia announced on Sunday it would extend oil supply cuts through June as part of a bid to prop up prices.
-
Gulf Nations, Russia To Cut Oil Production By Over 1 Million Barrels Per Day
Cuts by Saudi Arabia, the UAE and Kuwait totalling 772,000 barrels per day (bpd) will take effect from May and last for the rest of the year, they said in statements released by official media.
-
US vs Saudi Over Oil Supply Cut, Riyadh Rejects Charges Of Backing Russia
The United States and Saudi Arabia traded bitter barbs Thursday over last week's OPEC+ oil output cut, with Washington accusing Riyadh of knowingly boosting Russian interests.
-
Oil Extends Gains As Major Producers Flag Capacity Limits
Saudi Arabia and the UAE have been seen as the only two countries in the Organization of the Petroleum Exporting Countries (OPEC) with spare capacity to make up for lost Russian supply and weak output from other member nations.
-
Saudi Arabia Hikes July Crude Prices Surprisingly High For Asia Buyers
Saudi Arabia raised July crude oil prices for Asian buyers to higher-than-expected levels amid concerns about tight supply and expectations of strong demand in summer.
-
India Calls Saudi Advice On Oil 'Undiplomatic'
Union Minister for Petroleum, Natural Gas and Steel Dharmendra Pradhan on Friday dismissed his Saudi counterpart's advice to reduce oil stores to tackle high crude prices, describing the comment as "undiplomatic."
-
Brent Crude Heads Toward $70 As China Energy Demand Outlook Brightens
Top oil exporter Saudi Arabia has cut the supply of April-loading crude to at least four north Asian buyers by up to 15 per cent, while meeting the normal monthly requirements of Indian refiners
-
Saudi To Meet Any Oil Supply Shortage To India From Other Sources: Envoy
Notwithstanding the biggest-ever attacks on its oil facilities, Saudi Arabia has said it is committed to meet India's energy security needs and will work constructively with other oil producers to maintain market stability.
-
No Disruption In Saudi Oil Supply For India, Tanker On Way, Say Sources
There may be no disruption of supply of oil from Saudi Arabia despite last week's drone attack on two oil installations halved the country's production, but the prices which are tied to international market, may rise, sources told NDTV today.
-
Who Can Boost Crude Supply To Offset Saudi Oil Attacks? Here's A List
Here is a list of countries that could boost crude production to offset losses from Saudi Arabia in the event that the disruption to supplies from the attacks on its Abqaiq and Khurais processing facilities lasts longer than initially expected. It's not a long list and much may not be accessible.
-
Centre's Assurance After Attack On Saudi Facilities Halves Output
Union Petroleum Minister Dharmendra Pradhan on Monday said that oil supplies to India will not be disrupted after an attack on Saudi Arabian oil facilities over the weekend halved the kingdom's production.
-
After Attacks, Saudi Full Oil Supply May Take Weeks To Resume: Report
Saudi Arabia's return to its full oil supply capacity after Saturday's attacks on Aramco oil plants could take "weeks not days", a source close to the matter told Reuters on Sunday.
-
Russia, Saudi Arabia To Extend OPEC Production Cut Deal: Vladimir Putin
Russia and Saudi Arabia have agreed to extend a deal to keep oil production low owing to abundant world supplies, President Vladimir Putin said on Saturday.
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Saudi King Salman Warns "Terror" Attacks Could Threaten Global Oil Supply
Saudi Arabia's King Salman on Saturday warned that "terrorist" attacks in the region could imperil global oil supplies.
