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3 results for “Aramco”

Business
Global Oil Supply Buffer Running Scarily Thin,' Aramco CEO Says
Gulf producers are working to ramp up production and exports and have succeeded in boosting crude flows to near pre-war levels.
Source: NDTV
India
Saudi oil under fire, Aramco plots new routes to keep barrels flowing
Saudi Aramco is actively developing additional oil export routes and studying overseas storage to address vulnerabilities. The ongoing attacks on Saudi energy infrastructure by Yemen’s Houthi rebels have heightened security concerns. CEO Amin Nasser indicated that crude supply could reach 12 million barrels per day if…
Source: The Times of India

Business · Markets
Saudis Slash Oil Prices to Asia in Battle for Market Share
Saudi Aramco has cut prices for its benchmark oil grade to Asia to a six-year low as Persian Gulf producers race for market share with flows through the Strait of Hormuz increasing.
Source: Mint