Tag: survey
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Saudi Aramco plans to cut oil sales prices to Asia in June (survey)
Saudi Aramco is heading to reduce the official selling prices for Arab crude destined for Asia, during next June, in light of fears of a global economic recession that may affect demand. A survey revealed that the Saudi oil giant, the largest oil exporter in the world, may reduce the price of its main Arab…
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Saudi Aramco may raise oil selling prices to Asia in May (Survey)
Saudi Aramco intends to raise the official selling prices for Arab crude destined for Asia, during next May, after the decision of several OPEC + countries to voluntarily cut production. A Reuters survey, seen by the specialized energy platform, indicated that the new increase comes amid expectations of an increase in Chinese demand in the…
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76% of Australian investors exclude fossil fuels (survey)
Investors in Australia are seeking to wean off fossil fuels, in line with the country’s policy to cut carbon emissions by 43% by 2030. As is the case in various countries of the world, investors are facing increasing pressure to stop subsidizing new production of oil, gas and coal projects, in order to control global…
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Saudi Aramco plans to raise oil selling prices to Asia in April (survey)
Saudi Aramco is moving to raise the official selling prices of oil to its customers in Asia, Europe and America during next April. A Reuters survey, seen by the specialized energy platform, showed that the world’s largest oil exporter may raise the price of Arab Light crude by about $0.4 for April shipments, compared to…
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OPEC+ oil production rises by 140,000 barrels per day in December (survey)
The production of the OPEC + coalition of crude oil increased by 140 thousand barrels per day in December of the past year (2022), to record 42.71 million barrels per day, with increased production from Saudi Arabia and Nigeria in particular. The 13 members of the Organization of the Petroleum Exporting Countries pumped about 28.98…