Tag Archives: Cude

Sources told Reuters that Saudi Aramco is currently asking banks to arrange a loan between 12 and 14 billion dollars, which it plans to provide to buyers of its gas pipelines. Reuters reported in August that companies that have been in talks for Aramco’s gas pipeline assets include Global Infrastructure …

Saudi Aramco said on Wednesday that the kingdom, the world’s largest crude exporter, raised the official selling price of Arab Light crude to Asia in September to $3 a barrel above the average price of Oman and Dubai crudes. Aramco set the official selling price for its Arab Light crude …

Saudi Aramco announced a 30% increase in net profits to 81.4 billion riyals (about $21.7 billion) in the first quarter of 2021, compared to the same quarter of the previous year, and analysts had expected a net profit of 19.48 billion dollars. In a statement on the Saudi Stock Exchange …

Saudi Aramco will reduce its shipments of medium and heavy crude for August to at least six Asian buyers, sources familiar with the matter said. The Kingdom of Saudi Arabia, the largest oil producer and exporter in OPEC, to cut production and exports in compliance with the OPEC agreement, reducing …

Saudi Aramco, the world’s largest oil producer, said its third-quarter profit fell by 45% from last year’s level, largely due to lower crude oil prices and lower sales volumes. Aramco said in a statement today, Tuesday, that Aramco’s net profit amounted to 44.2 billion riyals (11.8 billion dollars), while sales …

Saudi Aramco will reduce its shipments of medium and heavy crude for August to at least six Asian buyers, sources familiar with the matter said. The Kingdom of Saudi Arabia, the largest oil producer and exporter in OPEC, to cut production and exports in compliance with the OPEC agreement, reducing …