Saudi Arabia hopes OPEC and its allies will be able to relax production curbs next year
Oil at that price level to be a game-changer
Seeks permanent alliance among major producers
Saudi wants long-dated oil price ideally at $70/b -sources
Compliance with cuts is strong, and output is falling
Russian pension funds were considering participation in the Saudi Aramco IPO
Saudi Energy Minister Khalid al-Falih said on Wednesday the Organization of the Petroleum Exporting Countries would do better to leave market tight.
The Japanese government lends crude storage capacity for free to state-owned Saudi Aramco and ADNOC.
King Salman holds talks with Russian Energy Minister Alexander Novak
Clariant wants the next five months to discuss with SABIC chief Yousef Al-Benyan how their arrangement will work