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Posted 21/10/2024

Saudi’s Aramco Foresees Strong Oil Demand from China despite Shifting in Global Trends

“China is a great market, we are investing with our partners,” Amin H. Nasser,...

Posted 08/10/2024

Saudi Arabia’s PIF Reduces Stake in Nintendo despite Earlier Reports on Increase Holding

The Public Investment Fund (PIF) of Saudi Arabia reduced its ownership stake in Nintendo...

Posted 03/10/2024

Saudi Arabia Warns of Potential $50 Oil as OPEC+ Cartels Disregard Production Limits

The Saudi oil minister has cautioned that there is a possibility for oil prices...

Posted 26/09/2024

Saudi Arabia to Abandon $100 Barrel Price Target in Favor of Increased Output

Saudi Arabia is reportedly willing to abandon its unofficial price target of $100 a...

Posted 05/07/2024

Saudi Aramco Cuts Oil Prices for Asian Market Amid Demand Weakness

Saudi Aramco, the world's largest crude exporter, has implemented a price reduction for all...

Posted 14/06/2024

Saudi Arabia Opts Out of 50-Year Petrodollar Deal with US, Paving the Way for Diversified Currency Usage

Saudi Arabia has made the strategic decision to not renew its long-standing 50-year petrodollar...

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