Saudi Arabia's state-owned oil company, Saudi Aramco, has paid nearly $100bn in dividends, with Crown Prince Mohammed bin Salman aiming to fund a 'mirror city' project. Aramco plans to reduce Arab Heavy crude supply to Asia in April due to oilfield maintenance, affecting Chinese and Indian customers. The company raised its payout to $31 billion, supporting the Saudi budget. Additionally, finished gasoline exports from the Mideast Gulf increased in February as refinery maintenance wound down. Saudi Aramco is looking to China for future oil demand as profits fell 25%, prompting questions about the kingdom's outlook on petroleum.
Has the kingpin of oil finally accepted that demand will begin to decline? To get a hint of Saudi Aramco’s answer, all eyes turned to its latest financial results: https://t.co/ynouEzfZFJ 👇
Is Saudi Aramco cooling on crude oil?: Don’t bet on it https://t.co/ybkHbHko62
Has Saudi Arabia stopped believing in a bright future for petroleum? Recently this question has hung over the desert kingdom’s national oil goliath, which has a central position in the world’s markets https://t.co/zjw0eMAI1i 👇
Saudi Aramco turns to China for future oil demand as profits fall 25%, @jackvdutton reports https://t.co/oEKoX5mAfn
Most Aramco buyers get full April volumes but heavy crude supply trimmed, sources say Saudi Aramco plans to meet full contractual crude oil volumes to most Asian buyers in April, but will reduce supply of heavier oil to Chinese and Indian customers due to oilfield maintenance,…
Most Aramco buyers get full April volumes but heavy crude supply trimmed, sources say #oott https://t.co/9WbrZPWnVi
Finished gasoline exports from the Mideast Gulf picked up in February compared with previous months as refinery maintenance in the region wound down. #oott https://t.co/7ew3QCpzLD
Saudi Aramco plans to reduce Arab Heavy crude supply to Asia in April - sources #oott https://t.co/9WbrZPWnVi
Saudi Arabia plans to reduce Arab Heavy crude supply to Asia in April - sources https://t.co/DtQ1RoQh62 https://t.co/WuMiFmwy5N
#OOTT | Saudi Arabia Plans To Reduce Arab Heavy Crude Supply To Asia In April - MS Sources https://t.co/IGB9R2KH0S
REPORTS SAUDI ARABIA PLANS TO REDUCE ARAB HEAVY CRUDE SUPPLY TO TERM CUSTOMERS IN ASIA IN APRIL DUE TO OILFIELD MAINTENANCE
Aramco Raises Payout to $31 Billion in Boon for Saudi Budget: BBG gonna see alot more "unexplained" oil supply-chain terrorism in the next few months
Saudi Arabia’s state-owned oil company has paid out nearly $100bn (£77bn) in dividends as Crown Prince Mohammed bin Salman seeks to fund ambitious plans to build a ‘mirror city’ in the desert https://t.co/qecI37uM6R