saudi arabia

By Alex Longley (Bloomberg) — Saudi Arabia’s oil production cuts have hit the tanker market so hard that owners of the biggest vessels are effectively

By Aziz El Yaakoubi AL-ULA, Saudi Arabia, Jan 5 (Reuters) – Embracing Qatar’s ruler, Saudi Arabia’s Crown Prince pushed a deal to end a

By Paul Wallace, Sharon Cho, Verity Ratcliffe and Nourhan Samra (Bloomberg) — A ship was hit by an explosion at the Saudi Arabian port of Jeddah, as

(Bloomberg) — Saudi Arabia seems to have made good on its promise to cut oil production by a record amount in June. Observed Saudi crude exports for this

By Stephen Cunningham and Robert Tuttle (Bloomberg) — A fleet of supertankers carrying Saudi oil will add to the growing congestion at U.S. ports in

LONDON, April 29 (Reuters) – U.S. buyers of Saudi Arabian crude oil cancelled at least seven April-loading tankers after a jump in freight costs, two

By Jonathan Saul, Devika Krishna Kumar and Olga Yagova LONDON/NEW YORK/MOSCOW, April 22 (Reuters) – Saudi Arabia is exploring re-routing millions of

By Rania El Gamal, Olesya Astakhova and Ahmad Ghaddar DUBAI/MOSCOW/LONDON (Reuters) – OPEC, Russia and other allies outlined plans on Thursday to cut

By Roslan Khasawneh SINGAPORE, April 8 (Reuters) – Supertanker freight rates have fallen after last week’s highs as industry participants await the

By Scott DiSavino NEW YORK, April 2 (Reuters) – Crude prices posted their biggest-one day gains on record on Thursday after President Donald Trump said

By Jonathan Saul and Dmitry Zhdannikov LONDON, March 23 (Reuters) – Top exporter Saudi Arabia has chartered an armada of ships to flood the market with

By Alex Longley, Javier Blas and Jackie Davalos (Bloomberg) — Oil is ensnared in such a crisis that Wednesday’s 24% plunge in New York wasn’t even

By Olga Yagova and Gleb Gorodyankin MOSCOW, March 12 (Reuters) – Saudi Arabia has stepped up efforts to squeeze Russia’s Urals oil grade out of its

By Sheela Tobben, Alaric Nightingale and Serene Cheong (Bloomberg) — Saudi Arabia’s biggest tanker company booked a batch of ships to transport the

The U.S. Navy has officially awarded a Lockheed Martin-led team a multi-billion dollar contract to construct four warships for the Kingdom of Saudi Arabia. The

By Parisa Hafezi and Sylvia Westall DUBAI, Oct 11 (Reuters) – An Iranian-owned oil tanker was struck, probably by missiles, in the Red Sea off Saudi

By Rania El Gamal and Stephen Kalin ABQAIQ, Saudi Arabia, Sept 20 (Reuters) – Saudi state oil company Aramco said it will bring back by end September

By Abbas Al Lawati (Bloomberg) –Saudi Arabia joined a U.S.-led coalition to secure sea lines vital to oil shipping in the Middle East in the aftermath of

By David Marino and Sheela Tobben (Bloomberg) — Oil pared an earlier decline on contradicting reports about when Saudi Arabia will restore production

NEW YORK/HOUSTON, Sept 16 (Reuters) – U.S. crude export demand at the Gulf Coast surged on Monday, traders said, as the window to export crude profitably