Saudi Maintains Near-Record Crude Output
Thursday, 4th August 2016
Saudi Arabia keeps pumping at near-record levels to defend sales in Asia, its biggest market, amid an increase in global supply. In addition, Saudi Aramco, the state-run oil giant, said that both its drilling and IPO plans remain unchanged.
Riyadh and Moscow Propose to Freeze Oil Output
Tuesday, 16th February 2016
Oil ministers of Saudi Arabia and Russia, Ali Al-Naimi and Alexander Novak, held talks in Qatar on 16th February to discuss the oil market amid a push for cooperation between OPEC and other major producers to tackle a global surplus.
Iran Nuke Deal Reached, Governments and Corporations Measure Ramifications
Wednesday, 15th July 2015
Iran and six world powers reached an agreement on Tuesday to lift sanctions against the Islamic Republic, and while U.S. and Iranian leaders have heralded the deal as a victory, the real winners could be corporations across the globe.