Brent crude futures LCOc1 fell 30 cents, or 0.5 per cent, to USD 59.067 barrel.
15 Oct 2019 9:29 AM
The United States believes the attacks that crippled Saudi Arabian oil facilities last weekend originated in southwestern Iran.
18 Sep 2019 1:32 PM
Riyadh pumps some 9.9 million barrels per day (bpd) of which around 7.0 million bpd are exported, mostly to Asian markets.
18 Sep 2019 8:52 AM
ATC is key to Saudi Aramco’s strategy as it expands its refining and petrochemical operations to boost global sales.
28 Aug 2019 1:02 PM
Brent crude oil futures were up 30 cents, or 0.4 per cent, at USD 68.12 per barrel.
29 Mar 2019 11:16 AM
US officials were constantly assessing global oil markets to determine the way forward with Iran sanctions waivers.
14 Mar 2019 10:16 AM
Washington seeks to bring Iranian oil exports to zero in order to curb Tehran’s missile and nuclear programs.
05 Jan 2019 3:01 PM
Russia and several other producers agreed to cut output by about 1.8 million barrels per day.
04 Jun 2018 8:59 AM
US crude production jumped 260,000 barrels per day (bpd) to a record high of 10.26 million bpd in February.
01 May 2018 10:41 AM
Riyadh realised it required huge capital spending to extract more oil.
16 Dec 2016 6:17 AM
Iran produces almost 4 million bpd of oil and exports 2.4 million bpd.
17 Nov 2016 4:05 PM