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HomeSaudi Arabia

Saudi Arabia

Biden's First Middle East Moves - Energy News Beat
ENB Pub Note

Biden’s First Middle East Moves – Insight from Geopolitical Futures

February 9, 2021 Stu Turley

Energy News Beat Publishers Note: Geopolitical Futures (GPF) is a valuable international resource. We highly recommend subscribing to GPF and taking a look at George Friedman’s world insights. In this article “Biden’s First Middle East […]

Iran Refuses To Negotiate Korean Fuel Tanker Release - Energy News Beat
Crude Oil News

Oil’s Recovery Is Too Fast for Its Own Good – OPEC’s compliance enforcement will make a difference

February 8, 2021 Stu Turley

Energy News Beat Publishers Note: Compliance and accountability will be key for the stability of world oil prices. As stated below “Compliance is measured in average barrels per day from the beginning of May to […]

Crude Oil News

Saudis raise prices of U.S. oil shipments

February 4, 2021 Stu Turley

Saudi Arabia kept oil pricing for its main market of Asia unchanged in March, after a key OPEC+ committee expressed confidence that the oil market is re-balancing. State oil producer Saudi Aramco raised prices for […]

JMMC Energy News Beat
Crude Oil News

JMMC optimistic for year of recovery in 2021 – Countries to remain vigilant and flexible given the uncertain market conditions

February 3, 2021 Stu Turley

The Committee emphasized the ongoing positive contributions of the Declaration of Cooperation (DoC) in supporting a rebalancing of the global oil market in line with the historic decisions taken at the 10th (Extraordinary) OPEC and non-OPEC […]

Crude Oil News

OPEC Core’s Crude Exports Slip Even as Output Curbs Are Eased

February 2, 2021 Stu Turley

Oil shipments from OPEC’s Persian Gulf producers slipped last month, even as output restrictions were eased and production volumes increased. Combined shipments of crude and condensate — a light form of oil extracted from gas fields — from Saudi […]

Saudi Arabia's Oil Fears Look Well Founded
ENB Pub Note

Saudi Arabia’s Oil Fears Look Well Founded – Excellent chess move

January 31, 2021 Stu Turley

Energy News Beat Publishers Note: Excellent opinion piece by Julian Lee, Bloomberg. A great insight to the mastermind chess moves around oil production.  It’s starting to look like Saudi Arabia’s concerns over the oil demand recovery were well […]

Crude Oil News

Saudi Arabia will sell more shares of energy giant Aramco, Crown Prince says

January 31, 2021 Mariel Alumit

Saudi Crown Prince Mohammed bin Salman said Thursday the kingdom will sell more shares of energy giant Aramco in the coming years, following the world’s biggest public listing in 2019. “There will be Aramco share […]

Crude Oil News

Oil tanker market in rougher seas as supply surges, storage sinks

January 28, 2021 Stu Turley

A plunge in the volume of crude oil stored on ships combined with unexpected cuts from top producer Saudi Arabia have created a glut of vessels available for hire, pressuring the outlook for supertankers this year. Earnings […]

Saudi Aramco leverages technology to boost sustainability - Energy News Beat
Crude Oil News

Indications from Saudi Aramco CEO leverages technology to boost sustainability

January 28, 2021 Stu Turley

Saudi Aramco is using new and developing technologies to accelerate its energy transition plans and to decrease carbon emissions. “Our reliability for 2020 is 99.8 percent, one of the highest in the world in terms […]

Saudi Investment Minister Khalid Al-Falih
Finance

Saudi Arabia revamped over 200 regulations to drive up FDI, says investment minister – and the move toward more sustainable investment in the energy sector

January 27, 2021 Stu Turley

Saudi Arabia has revamped over half of the 400 foreign direct investment (FDI) regulations, as foreign investment rose in 2020 compared to 2019, said Minister of Investment Khalid bin Abdulaziz Al-Falih. “We have performed better […]

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