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Saudi Arabia set to raise $11.2bn from Aramco stock offering
Gulf Business· 1 day agoOil behemoth Aramco’s shares were priced at $7.27 (SAR27.25), near the bottom of a SAR26.7 to SAR29...
Oil producers led by Saudis extended supply cuts amid slack prices
The News-Times· 6 days agoSaudi Arabia and allied oil producing countries on Sunday extended output cuts through next year, a...
OPEC+ could tweak oil pact if needed, ministers say
Reuters· 2 days agoOPEC+ could tweak its latest oil output agreement which calls for some output cuts to be reversed later this year if needed to support the market, top...
Investors flock to Aramco share sale that could raise $13 billion
Reuters via Yahoo Finance· 7 days agoSaudi Arabia's sale of shares in oil giant Aramco drew more demand than the stock on offer within...
OPEC Plans a Gradual Unwinding of Production Cuts
New York Times· 6 days agoThe group known as OPEC Plus, which is led by Saudi Arabia and includes Russia, also wanted to offer some hope to discontented producers like the United...
OPEC Plus Extends Cuts but Agrees on Plan to Reactivate Barrels
Rigzone· 6 days agoThe agreement reached in Riyadh on Sunday exceeds market expectations in some ways, extending...
Saudi Arabia takes orders for new Aramco share sale
Reuters· 7 days ago, opens new tab, as the advisers began taking orders on Sunday for the sale that could eventually raise up to $13.1 billion, 4-1/2 years after its record...
OPEC+ extends oil output cuts into 2025
WCOV FOX 20· 6 days agoThe Organization of the Petroleum Exporting Countries and its allies — a group of leading oil producers known as OPEC+ — agreed Sunday to extend...
Amid war, Putin looks east from Russia's window to Europe
Reuters via Yahoo News· 2 days agoCut off from the West, Russia is pitching its $2 trillion economy to giants like China and Saudi...
Is Saudi Arabia Becoming The Swing Producer?
Forbes· 6 days agoAfter the Iranian Revolution and Oil Crisis, Saudi Arabia agreed to stabilize oil markets and prices by being the ‘swing producer,’ that ...