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At Close: Jul 21, 2026
Saudi Arabia considers expansion of oil pipeline to Red Sea, sources say
03:02am, Tuesday, 07'th Jul 2026
Saudi Arabia is considering expanding the capacity of its crude oil pipeline to the western Red Sea coast, five sources close to the matter said, enabling the kingdom and possibly neighbours to
Saudi Aramco ramps up exports from Ras Tanura, switches to spot sales, sources say
03:19am, Thursday, 02'nd Jul 2026
At least five supertankers carrying a total 10 million barrels of Saudi oil loaded from Ras Tanura have exited the Strait of Hormuz, with Saudi Aramco switching to spot pricing to speed sales in As
Saudi Aramco Weighs Expanding Storage Capacity After Iran War
05:58am, Thursday, 18'th Jun 2026
Aramco is considering expanding its global oil-storage network after the Iran war exposed the importance of strategic reserves in keeping crude flowing to customers.
Saudi Aramco considers expanding storage capacity worldwide after Iran war
04:43am, Thursday, 18'th Jun 2026
Saudi Arabian oil giant Aramco is considering expanding its storage capacity around the world after energy supplies through the Strait of Hormuz were disrupted by the Iran war, Aramco Chairman Y
Saudi July crude supply to China to remain at record low
04:49am, Thursday, 11'th Jun 2026
Saudi Arabia's crude oil sales to China are expected to remain at record lows in July as elevated prices in the wake of the U.S.-Israeli war on Iran continue to weigh on demand from the world's
Saudi Arabia Cuts July Crude Prices for Asia As Demand Slows
05:51am, Monday, 08'th Jun 2026
Saudi Aramco set the official selling price for July loadings of its Arab Light crude to Asia at $9.50 above regional benchmarks, down from a premium of $15.50 a barrel in June.
Saudi Arabia sharply cuts July OSP for Asia amid slow demand
10:59pm, Sunday, 07'th Jun 2026
Saudi Arabia has cut its official selling prices (OSPs) for crude oil to Asia in July for a second month, as expected, as spot premiums eased on slow demand despite supply disruptions driven by
Saudi Arabia to burn more oil for power this summer as gas output falls
11:04pm, Wednesday, 20'th May 2026
Saudi Arabia is expected to burn more imported fuel oil for power generation this summer following a loss of natural gas supply from oilfields that have been shut after the Iran war curbed its oil
Saudi Aramco Q1 profit jumps 26% as key pipeline reaches capacity amid Iran war
04:24am, Sunday, 10'th May 2026
Q1 2026 adjusted net income rose by 26% year-on-year and by 34% quarter-on-quarter. The profit figure beat analyst forecasts, Aramco said.
Saudi Aramco's Q1 profit rises 25% on higher sales
01:22am, Sunday, 10'th May 2026
Saudi oil giant Aramco reported on Sunday a 25% rise in first-quarter net profit, mainly due to higher sales, while the East-West crude pipeline that circumvents the Strait of
Saudi Arabia cuts Arab Light June OSP for Asia
03:44pm, Tuesday, 05'th May 2026
Saudi Arabia has set the June Arab Light crude oil official selling price to Asia at $15.50 a barrel above the Oman/Dubai average, down from the previous month, Saudi
UAE's exit from OPEC not directed against anyone, ADNOC CEO says
03:46am, Monday, 04'th May 2026
The United Arab Emirates' decision to exit OPEC and OPEC+ was not directed against anyone but meant to serve national interests, Abu Dhabi National Oil Company CEO Sultan Al Jaber said on Monday
CNBC Daily Open: UAE leaves OPEC adrift
02:23am, Wednesday, 29'th Apr 2026
The United Arab Emirates will exit OPEC on May 1. European bank earnings top forecasts, but Airbus misses expectations.
UAE Energy Minister explains decision to leave OPEC as Hormuz crisis deepens
12:13pm, Tuesday, 28'th Apr 2026
Suhail Al Mazrouei, the UAE's Energy Minister speaks to CNBC's Dan Murphy following the country's announcement it will leave OPEC. The Minister described the move as a "pure policy change", dismissing
UAE Leaving OPEC at Right Time, Energy Minister Says
11:27am, Tuesday, 28'th Apr 2026
The United Arab Emirates is leaving OPEC on May 1, dealing a blow to the group and its leader Saudi Arabia. UAE Energy Minister Suhail Al Mazrouei tells Bloomberg's Joumanna Bercetche that the timin
