Saudi Arabia Oil

• Russia, Saudi Arabia cut oil supply again to raise price

  Saudi Arabia and Russia are extending cuts to the amount of oil they pump to the world in a bid to prop up price to boost income from the fossil fuel.

  World

  Jul 3, 2023
  
• How much will gas cost this summer? Here’s what Canadians can expect

  Gas Buddy is warning that while prices for gasoline have dropped the last week, recent decisions to cut the supply of oil could place upward pressure on prices.

  Canada

  Jun 6, 2023
  
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• Yemen’s Houthi rebels attack key energy sites in Saudi Arabia

  The attacks did not cause casualties, the Saudi-led military coalition fighting in Yemen said, but damaged nearby civilian vehicles and homes.

  World

  Mar 20, 2022
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• U.S. applauds OPEC decision to keep pumping more oil amid economic uncertainty

  The Biden administration, under pressure due to sharply higher inflation on a range of consumer goods, also took aim at possible price gouging by gasoline sellers.

  World

  Jan 4, 2022
• Saudi Arabia aims to improve human rights record amid twin coronavirus, oil crises

  In the past week alone, the kingdom announced two changes to the law: banning flogging as a punishment and doing away with the death penalty for crimes committed by minors.

  World

  May 2, 2020
• Coronavirus: Saudi Arabia criticizes Russia over collapse of oil prices

  Saudi Arabia sharply criticized Russia on Saturday over what it described as Moscow blaming the kingdom for the collapse in global energy prices, showing the tensions ahead of an emergency meeting of OPEC and other oil producers.

  Canada

  Apr 4, 2020
• Saudi Arabia set to increase oil production to record high amid OPEC dispute

  Saudi Arabia's state-run oil giant Saudi Aramco said Tuesday it would increase its crude oil production to 12.3 million barrels a day in April, a record amount.

  World

  Mar 10, 2020
• Saudi Arabia formally begins IPO of giant oil firm Saudi Aramco

  “We want to share the Aramco shares with the citizens of Saudi Arabia,” said Yasir al-Rumayyan, the governor of Saudi Arabia’s Public Investment Fund. “We want to get financial investors from all over the world.”

  World

  Nov 3, 2019
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• Drone attack on Saudi oil sites raises risks amid U.S.-Iran tension

  The attacks Saturday claimed by Yemen’s Houthi rebels resulted in “the temporary suspension of production operations” at the Abqaiq processing facility and the Khurais oil field, Riyadh said.

  World

  Sep 15, 2019
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• Trudeau questioned about weapons contract with Saudi Arabia during town hall

  Trudeau's response was the same one he's given on the issue in the past: the federal government is grappling with the details of a complex, CDN$15 billion contract signed by Harper's Conservatives

  Canada

  Jan 10, 2019