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Saudi Arabia is a desert country encompassing most of the Arabian Peninsula, with Red Sea and Persian (Arabian) Gulf coastlines. Known as the birthplace of Islam, it’s home to the religion’s 2 most sacred mosques: Masjid al-Haram, in Mecca, the destination of the annual Hajj pilgrimage, and Medina’s Masjid an-Nabawi, burial site of the prophet Muhammad.
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(BLOOMBERG) How Covid-19 Vaccines and Production Cuts Are Pushing Oil Prices Higher? - Jan 26, 2021. #CoronavirusVaccine##oilprice##OPEC+CutProduction#...

Saudi Arabia Pangkas Persediaan Minyak Mentah Februari Untuk Asia dan Eropa – Bloomberg

Produsen minyak utama OPEC, Arab Saudi, memotong pasokannya ke sembilan kilang Asia dan satu kilang Eropa untuk Februari, lapor Bloomberg, mengutip beberapa sumber kilang dan perdagangan yang mengetahui masalah tersebut. Baca lebih lanjut dari artikel aslinya: https://www.fxstreet-id.com/n
(BLOOMBERG) Will Demand for Oil Increase in 2021? - Jan 8, 2021. #WTICrudeOil##marketoutlook2021##OPEC+CutProduction##SaudiArabia#
(BLOOMBERG) Oil Cut Is Commercial Choice, Not Political, Says Saudi Arabia Energy Minister Prince Abdulaziz bin Salman. - Jan 7, 2021.#CrudeOil##SaudiArabia#...


即使明年经济不能完全恢复正常,至少在这方面已经取得了实质性的进展。 随着人们重新开始飞行,重新开始巡游,度假,对燃料和能源的需求预计将恢复到新冠疫情之前的水平。 因此,我们可以预期布伦特和WTI的油价都将回升。 但由于华盛顿新的政治风向,这种乐观的前景可能会有一些问题,尤其是对WTI来说。 欧佩克+恢复正常 ……我们的意思是,欧佩克在就生产目标进行争论。 2020年标志着欧佩克的不稳定时期。原油生产商为了争夺市场份额和政治影响力而竞争。 事实上,如果不是新冠疫情扼杀需求,迫使WTI的ETF在历史上首次跌入负值区间,欧佩克今年很可能不会达成任何协议。 随着疫苗的推出,摇摇欲坠的维持减产协议可能很
(BLOOMBERG) OPEC+ Agrees to Gradually Ease Oil-Output Cuts in 2021. - Dec 4, 2020.#OPEC+CutProduction##SaudiArabia##FlashNews#...

Saudi, Russia energy ministers to hold informal talks with OPEC and JMMC on Saturday

Saudi Arabian and Russian Energy Ministers are expected to hold informal consultations with the OPEC and its allies (OPEC+) Joint Ministerial Monitoring Committee (JMMC) on Saturday, Nov 28, Russia’s news agency – TASS reported on Friday. The official OPEC+ ministerial meeting is scheduled for Nov 3

UAE, Saudi Arabian central banks release report on Project Aber CBDC trial

The joint report is among the most promising CBDC studies conducted by central bank authorities. Photo: Cointelegraph Central banks from two of the most powerful economies in the Middle East released a report today on a yearlong joint central bank digital currency (CBDC) project — and results speak

Saudi Arabia Inches Closer to Officially Launch Digital Currency with UAE

Photo: Reuters Saudi Central Bank (SAMA), in partnership with the Central Bank of the UAE, released a report mentioning the benefits of using a distributing payment system over a centralized payment structure. The central banks have concluded a joint 1-year central bank digital currency (CBDC) pilot

OPEC+ boosts oil exports in September

OPEC+, a group of major producers led by Saudi Arabia and Russia, raised oil exports to 22.84 million barrels per day (bpd) in September from 22.11 million bpd in August. According to data from IHS Markit Commodities at Sea, OPEC members shipped out 18.2 million b/d, up from the 17.53 million b/d ex

OPEC+ to complete compensations before year-end: Saudi

LONDON (Reuters) - OPEC+ will complete all compensations for oil overproduction before the end of the year, the Saudi energy minister said on Thursday.Reprinted from investing.com, the copyright all reserved by the original author.#OPEC##SaudiArabia#
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Happy Ramadan 😊

OPEC+ to cut output by 4.3 million bpd - JP Morgan

OPEC+, a loose organization of 24 oil-producing nations led by Saudi Arabia and Russia, is likely to agree to cut output by 4.3 million barrels per day (bpd) on Thursday, according to analysts at JP Morgan.  That would mark a big increase from their recent cut of 1.7 million bpd, but won't be enough

Oil prices may need to fall below $10 - Morgan Stanley

Morgan Stanley's Global Oil Strategist Martjin Rats while talking to Bloomberg said oil prices need to drop below $10 to rebalance the market.  The back gold tanked over 65 percent in the first quarter as the coronavirus outbreak brought the global economy to a standstill, leading to demand destruct

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