OPEC+
S&P Global forecasts $75 billion corporate loan surge for Saudi banks
Statistics compiled from the Joint Organizations Data Initiative (JODI) show that direct oil burn averaged 943,000 b/d during the first half of this year even as electricity demand soared by 10 percent year-on-year
The Fund highlighted resilient non-oil growth in the Kingdom, applauded record low unemployment
Aramco’s total production could rise from 12.9 million barrels per day in 2023 to 14.1 million barrels per day by financial year 2028
Crude oil production increased to 8.99 million bpd, reflecting a monthly rise of 0.08 percent
Saudi Arabia sees 7.7 percent annual surge in manufacturing activity in April 2024
Brent oil futures expiring in July dropped 0.3 percent to $81.61 per barrel
Brent oil futures for July delivery held steady at $83.61 per barrel
Brent crude futures for July delivery rose 0.3 percent to $84.51 per barrel
Brent crude oil futures expiring in July edged 0.1 percent lower to $83.04 per barrel
Brent oil futures for July delivery gained 0.1 percent to $82.22 per barrel
Brent crude oil futures for July delivery fell 0.1 percent to $81.31 per barrel
Brent crude oil futures expiring in July declined 0.7 percent to $81.35 per barrel
Brent crude oil futures expiring in July slid 0.6 percent to $82.40 per barrel
Data also showed that Saudi refineries' crude throughput fell in March by 0.115 million bpd to 2.560 million bpd
Brent crude futures fell 44 cents, or 0.53 percent, to $83.27 a barrel
Brent oil futures expiring in July rose 0.3 percent to $84.19 per barrel
Brent crude futures for July delivery edged up 0.1 percent to $83.33 per barrel
Brent oil futures for July delivery rose 0.5 percent to $83.17 per barrel
Brent oil futures expiring in July fell 0.3 percent to $83.53 per barrel
Brent oil futures, set to expire in July, saw a 0.4 percent rise to reach $83.93 per barrel
Brent crude oil futures dropped by 30 cents or 0.36 percent, settling at $82.86 per barrel
OPEC+ is likely to extend its voluntary oil output cuts of 2.2 million barrels per day beyond June
