News zum Sektor Energie aus Saudi-Arabien

 

Saudi Arabia cut the price of its main crude grade to Asia to the lowest level in five years, amid persistent signs of a surplus in global oil markets....

Saudi Arabia plans to stick to elevated spending and active borrowing to keep economic diversification at the forefront of the kingdom's agenda — despite the challenge of lower oil prices....

Russian Deputy Prime Minister Alexander Novak also proposed to share Russia's experience in applying AI solutions in the sector...

From Oil War To 'Major Non-NATO Ally': Trump's Extraordinary Saudi Pivot Authored by Simon Watkins via OilPrice.com, Trump designates Saudi Arabia a “major non-NATO ally,” marking a dramatic turnaround from years of strained relations marked by an oil price war and diplomatic freezes. In return, Washington expects Saudi Arabia to align more closely with U.S. interests. The U.S. expects Riyadh to help keep prices within a “Trump Oil Price Range” of roughly $40–80 per barrel. From the beginning of Donald Trump's first term in office in 2017 to the start of his second term earlier this year, the relationship between the U.S. and Saudi Arabia shifted between tense and downright hostile. Those years included an Oil Price War, the de facto Saudi leader labelled a murderer, and all lines of communication between the two sides grinding to a complete halt. However, as Trump and Crown Prince Mohammed bin Salman (MBS) sat next to each other at a black-tie dinner at the White...

Tareq Amin has a sales pitch that's opened virtually every door in Silicon Valley: If you're looking for AI computing power, come to Saudi Arabia....

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Saudi Arabia lowered the price of its main oil grade to Asia for December, days after OPEC+ said it planned to pause supply increases early next year....

CNBC's Sara Eisen sits down with Aramco CEO Amin Nasser in an exclusive interview to discuss why the strength in oil demand shows no sign of letting up. In China, where they're rapidly shifting to EV's, Nasser explains that the slight decrease in demand there is offset by other sectors in China. He believes oil and gas demand will continue to grow for years to come as he diversifies capex investments across all areas of the business from AI to rare minerals....

Saudi Aramco announced a third-quarter net profit of $26.9 billion. This figure is slightly lower than last year. Global crude prices impacted earnings. The company's revenue stood at $111 billion. This performance supports Saudi Arabia's economic diversification plans. The kingdom's low production costs are a significant advantage....

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Das Ölkartell Opec+ plant zum Jahresende eine weitere Produktionserhöhung. Danach sollen jedoch die Fördermengen im ersten Quartal nicht ausgeweitet werden, wie der Verbund aus acht Staaten nach einer Online-Sitzung mitteilte.. --- In den vergangenen Monaten hatte das Kartell, darunter Russland und Saudi-Arabien, seine 2023 beschlossenen Produktionskürzungen schrittweise zurückgenommen. Im Dezember wird diese Strategie mit einer zusätzlichen täglichen Fördermenge von 137.000 Barrel (je 159 Liter) fortgesetzt, hieß es. Dies wurde unter anderem mit stabilen Prognosen für die Weltwirtschaft und niedrigen Ölvorräten begründet..

Saudi Arabia's budget deficit deepened in the third quarter, with weaker Brent crude prices and revenues weighing on the oil exporter's finances....

Saudi Arabia's economy expanded at the fastest pace since early 2023 in the third quarter, helped by rising oil production and big state investments in non-sectors sectors....

While oil is the primary driver of Saudi Arabia's economy, the kingdom is now diversifying into areas such as artificial intelligence, tourism and sports....

Riyadh could be pushed into a tricky position if the latest US measures curb Russia's exports....

The kingdom is pouring money into data centers and working with U.S. and Chinese tech giants, landing its A.I. ambitions in the middle of a geopolitical tussle for tech power....

Saudi Arabia's fiscal and current accounts would benefit most from a rebound in oil prices and production, according to the International Monetary Fund, despite the government's progress in diversifying the $1.2 trillion economy....

Saudi Arabia kept the price of its main oil grade to Asia unchanged for November, a sign of caution from the world's biggest crude exporter after OPEC+ decided over the weekend to push ahead with supply increases....

Seit Monaten drehen wichtige Ölstaaten den Förderhahn schrittweise auf. Der Ölpreis ist deshalb zuletzt gefallen. Das Ölkartell Opec+ weitet seine Förderung aus. Im November würden täglich 137.000 Barrel (je 159 Liter) zusätzlich im Markt platziert, wie die acht Staaten unter Führung von Saudi-Arabien und Russland bei einer Online-Sitzung beschlossen. Damit behält der Verbund seinen Kurs der vergangenen Monate bei, frühere Kürzungen der Tagesproduktion schrittweise wieder zurückzunehmen..

Saudi Arabia's Spending Spree Meets Oil Price Reality Submitted by Julianne Geiger of OilPrice.com, Saudi Arabia's grand Vision 2030 ambitions may be colliding with a colder fiscal reality. Fitch Ratings warned Friday that Riyadh faces rising financial risks as oil prices soften and government spending balloons, threatening the kingdom's plans for fiscal consolidation. The numbers tell the story: Saudi Arabia now expects a budget deficit equal to 5.3% of GDP in 2025—nearly double its original 2.3% forecast—before narrowing to 3.3% in 2026. The deterioration comes largely from weaker oil income, Fitch said, with non-oil revenues holding up but not enough to offset the gap. The rating agency pointed to revenue shortfalls and overspending as the main culprits, noting the massive capital outlays required by megaprojects like NEOM. This week's pre-budget statement from Riyadh signaled a shift toward tighter fiscal discipline, but Fitch noted the tension between Saudi's promises of restrai...