Advertisement
United Kingdom  

“News neutrality by unbiased coverage”
One News Page
> >

Explaining Saudi Arabia’s Oil Export Strategy

OilPrice.com Friday, 16 February 2018
Saudi Arabia continues to keep the market informed about its stance on the OPEC production cut deal, with Khalid al-Falih's latest guidance that Saudi would prefer to overtighten the market than exit early from cuts (channeling Neil Young's 'it's better to burn out than fade away'). Al-Falih has gained a great deal of credibility over the last three-quarters of a year by outlining Saudi's next move in terms of exports, then following through on it. We should therefore take heed from his latest comments. Al-Falih also signaled that the kingdom will…
0
shares
ShareTweetSavePostSend
 
Source: Wochit News - < > Embed
News video: Saudi Arabia Welcomes Push For U.N. Action Against Iran On Missiles

▶ Saudi Arabia Welcomes Push For U.N. Action Against Iran On Missiles 00:32

On Sunday, Saudi Arabia welcomed a draft United Nations resolution, that would condemn Iran for failing to stop its balistic missiles from falling into the hands of a Yemen terrorist organization. Saudi Arabia said it would help hold Iran accountable for its “exports of ballistic missiles” to the...

Recent related news

Saudi Arabia Boosts Oil Supply To Asia As Iran Sanctions Return

Saudi Arabia has the chance to regain Asian market share after at least three North Asian refiners have asked to receive extra supplies of Saudi oil for October...
OilPrice.com - Markets

The U.S. Is The World’s Top Oil Producer, But For How Long?

The U.S. Energy Information Administration (EIA) said on Tuesday that the U.S. likely surpassed Saudi Arabia and Russia earlier this year to become the world’s...
OilPrice.com - Markets

Iran Accuses Russia And Saudi Arabia Of Stealing Market Share

Russia and Saudi Arabia are eating into Iran’s oil market share, Tehran’s OPEC governor, Hossein Kazempour Ardebili, said in an interview with state oil...
OilPrice.com - MarketsAlso reported by •ReutersMailOnline

Saudi Oil Inventories Continue To Plummet

In July, Saudi Arabia saw its highest crude oil stocks draw in eight months at 5.51 million barrels, after the Kingdom unexpectedly reduced its production...
OilPrice.com - Markets

You Might Like


Tweets about this


Other recent news in Markets

German Finance MINISTER Doubts Crypto Can Currently Replace Traditional CurrenciesUK Treasury Committee Calls for End to ‘WILD WEST Situation’ in Crypto Market
GERMAN Frankfurt School to Issue Blockchain-Based Course CertificatesEUR/USD seen at 1.25 in 12-month – DANSKE BANK

Recent related videos

Saudi Arabia Is Testing Trump on Oil Prices, Tom Petrie Says [Video]Saudi Arabia Is Testing Trump on Oil Prices, Tom Petrie Says

Sep.18 -- Petrie Partners Inc. Chairman Tom Petrie discusses the outlook for crude oil prices with Bloomberg's Scarlet Fu and Caroline Hyde on "Bloomberg Markets: The Close."

Bloomberg Global Business -   02:22

Oil Gains as Saudis are Said to Be Content With Prices Over $80 [Video]Oil Gains as Saudis are Said to Be Content With Prices Over $80

Sep.18 -- Oil prices climbed higher as Saudi Arabia was said to be comfortable with Brent crude exceeding $80 a barrel. Bloomberg's Stuart Wallace reports on "Bloomberg Daybreak: Americas."

Bloomberg Global Business -   01:35

Saudi Invests More Than $1B in Electric Vehicle Maker Lucid [Video]Saudi Invests More Than $1B in Electric Vehicle Maker Lucid

Sep.18 -- Saudi Arabia has agreed to invest more than $1B in electric car startup Lucid. This comes just weeks after it emerged that the kingdom's public investment fund had built a stake in Tesla...

Bloomberg Technology -   01:46

Saudi Arabia Investing In Bay Area Electric Car Startup Lucid [Video]Saudi Arabia Investing In Bay Area Electric Car Startup Lucid

The Kingdom of Saudi Arabia is now backing the Bay Area's other electric car maker. Kiet Do reports on the billion-dollar bet on Tesla rival Lucid. (9/17/18)

CBS 5 SF KPIX -   02:03

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2018 One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter   FIND us on Google+  •  FOLLOW us on Pinterest