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Saudi Arabia, the world's leading oil exporter and second largest producer, has raised its official selling price (OSP) for July-shipping Arab Light crude to its largest market in Asia by $2.10 a...
Saudi Arabia will reduce how much oil it sends to the global economy, taking a unilateral step to prop up the sagging price of crude after two previous cuts to supply by major producing countries ...
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The King Abdullah Petroleum Studies and Research Center (KAPSARC) is an advisory organization specializing in energy economics, climate, and sustainability that seeks to advance Saudi Arabia’s energy sector and inform global policies through evidence-based advice and applied research. [1] It is located in Riyadh, Saudi Arabia. [2]
Natural gas prices whipsawed tumbling lower as riskier asset came under pressure and then rebounding into the close. Inventories increased in line with expectations, but the colder than normal ...
As of 2012 petrol in Saudi Arabia was sold at a price cheaper than bottled water—approximately US$0.13 per litre ($0.50 per US gallon). [16] According to Jim Krane, "Saudi Arabia now consumes more oil than Germany, an industrialized country with triple the population and an economy nearly five times as large."
Target support on natural gas prices are seen near an upward sloping trend line that comes in near 2.67. The weather continues to point to cooler than normal temperatures throughout most of the ...