Oil’s Hottest Trade Gathers Momentum as Key Spread Goes Negative
One of the hottest trades in the oil market this year is keeping on rolling, with the potential
2023-08-08 10:16
Aramco Boosts Payout to Government, Investors to $29 Billion
Saudi Aramco raised its payout to investors and Saudi Arabia’s government by more than half, in a move
2023-08-07 19:18
Aramco supplies remain adequate despite oil production cuts - CEO
DUBAI Saudi Aramco's CEO Amin Nasser said on Monday that the company's supplies to customers remain adequate even
2023-08-07 18:17
Aramco Q2 profit down 38% to $30 billion
DUBAI (Reuters) -Saudi Arabian state oil giant Aramco reported on Monday a near 38% drop in second-quarter net profit on
2023-08-07 15:21
Saudi Oil Prices to Asia Point to Uneven Recovery Across Markets
Saudi Arabia’s latest oil pricing for Asian customers is pointing to an uneven recovery, with higher-density crudes outperforming
2023-08-07 14:27
Saudi Wealth Fund Takes $15.6 Billion Hit From SoftBank and Tech
Saudi Arabia’s sovereign wealth fund reported a $15.6 billion comprehensive loss for 2022 after the value of its
2023-08-06 23:29
Saudis Boost Most Oil Prices to Asia, Europe as Market Tightens
Saudi Arabia raised nearly all oil prices for September to Asia and Europe as supply restrictions and rising
2023-08-06 00:25
Petrobras Slashes Contentious Dividends and Buys Back Shares
Petroleo Brasileiro SA slashed politically contentious dividends after profits declined and the Brazilian oil major set a more
2023-08-04 18:59
NYC Comptroller Blasts BlackRock for Picking Aramco CEO for Board
New York City Comptroller Brad Lander slammed a decision by BlackRock Inc., its biggest external money manager, to
2023-07-20 03:23
BlackRock made a climate pledge. Then it appointed a Saudi oil executive to its board
BlackRock, the world's biggest asset manager, said Monday it has appointed Amin Nasser, chief executive of oil giant Saudi Aramco, to its board of directors — despite the New York-based firm's pledge to accelerate investment in climate-friendly companies.
2023-07-19 01:24
BlackRock names Aramco boss to board
By Natalie Grover LONDON The world's top asset manager BlackRock has named Amin Nasser, the chief of the
2023-07-18 05:20
An ESG Loophole Helps Drive Billions into Gulf Fossil Fuel Giants
Saudi Aramco, the world’s largest oil company, has become an unlikely beneficiary of funds earmarked for sustainable investments
2023-07-11 12:17