Weak demand in China will cause Saudi Arabia to reduce crude oil exports to China in December, despite recent price cuts.
Crude Oil tests $72.00 for a break to the upside, after increasing more than 3% on Monday. Tropical storm Rafael to hit a production-sensitive regionin in coming days, could reduce US output by around ...
Top oil exporter Saudi Arabia has cut the price for the flagship Arab light crude it sells to Asia in December by ...
Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing low oil prices.
Lower global oil prices, weaker demand and prolonged OPEC production cuts led by Saudi Arabia continue to impact crude prices ...
Saudi Arabian Oil Co., known as Aramco, said on Tuesday that it booked a quarterly net profit of $27.56 billion, down from the $32.58 billion it reported for the same period last year. Analysts ...
Oil outlook dims with China demand slipping and U.S. dollar strengthening, pressing crude futures below key levels and heightening downside risks.
Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing low oil prices.
Top oil exporter Saudi Arabia may cut prices for most of the crude grades it sells to Asia in December, tracking weakness in ...