Saudi Oil
The Latest
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Oil Highest In Over 5 Weeks As OPEC Cut, Recovery Signs Emerge
IEA said the projection for global markets is improving with demand slightly recovering 
IEA said the projection for global markets is improving with demand slightly recovering -
Saudi Arabia Triples VAT, Stops Monthly Doleouts In New Austerity Measure
The cost of living allowance has been agreed to be halted from June 2020 and VAT will be increased from 5 percent to 15 percent from July 1 
The cost of living allowance has been agreed to be halted from June 2020 and VAT will be increased from 5 percent to 15 percent from July 1 -
Saudi Arabia To Apply ‘Painful’ Measures In Dealing With Pandemic-Triggered Crisis
Crown Prince Mohammed bin Salman is imposing measures he hopes will improve international profile of Kingdom. 
Crown Prince Mohammed bin Salman is imposing measures he hopes will improve international profile of Kingdom. -
Shell To Cut Operating Costs By $10 Billion Amid Global Crisis
Shell has around $20 billion of cash available on hand and $10 billion of unused credit 
Shell has around $20 billion of cash available on hand and $10 billion of unused credit -
Oil Takes Another Beating On Falling Global Demand, Saudi Production Increase
Global oil demand is expected to fall for the first time since 2009 this year, the International Energy Agency said. 
Global oil demand is expected to fall for the first time since 2009 this year, the International Energy Agency said. -
Aramco Slashes Spending as Pandemic Hammers Oil Demand Growth
Oil giant said it expects capital spending for the curent year to be between $25 billion and $30 billion 
Oil giant said it expects capital spending for the curent year to be between $25 billion and $30 billion -
Saudi Arabia To Produce 13 Million Oil Barrels Per Day To World Market
Russia has announced it will fight back by tapping its own supplementary stockpiles 
Russia has announced it will fight back by tapping its own supplementary stockpiles -
OPEC, Member States Locked In Debate Over What They Should Agree On
Time is running out for OPEC and its member states to manage the oil market disruption 
Time is running out for OPEC and its member states to manage the oil market disruption -
Kuwait, Saudi Arabia Renew Partnership In Crude Oil Production
Kuwait, Saudi Arabia agreed in 2019 to end their five-year dispute over the oil-rich area called Neutral Zone 
Kuwait, Saudi Arabia agreed in 2019 to end their five-year dispute over the oil-rich area called Neutral Zone -
Saudi Arabia To Boost Air Defense With $30 Billion Aramco IPO Money
Proceeds from Aramco IPO to bolster Kingdom's air defenses, other industries for several years 
Proceeds from Aramco IPO to bolster Kingdom's air defenses, other industries for several years
