- Sort by:
- Score
- Published ▼
-
Saudi Liquids Burn Edges Up, More Rises To Come?
...eir lowest level since March 2014. Products imports were down across the board, with the kingdom importing no diesel for the first time since January 2011. The upshot was that net-products exports were just shy of December’s record at 1.34mn b/d. And net diesel exports were at an all time high of...
Volume: 62Issue: 12Published at Fri, 22 Mar 2019 -
Sabic Reorganization Continues Ahead Of Planned Aramco Takeover
...rformance for 2018 was the best since oil prices crashed in 2014. Sabic made a profit of $5.73bn in 2018 on revenues of $45.1bn, figures which were respectively 17.0% and 12.8% up on 2017, though prices for Saudi Arabia’s key Arab Light crude were up even more at 33.5% (MEES, 1 February). SABIC OUTPUT TO...
Volume: 62Issue: 12Published at Fri, 22 Mar 2019 -
Algeria’s Economic Sclerosis: Political Change Is Not Enough
...pendent on oil and gas for a whopping 60% of budget revenue and over 93% of 2018 export earnings, shares that have barely shifted in recent decades. As long as oil prices were over $100/B, as was the case from late 2010 until 3Q 2014, Algiers managed to paper over the cracks. But, as Warren Buffet sa...
Volume: 62Issue: 12Published at Fri, 22 Mar 2019