Saudi Aramco chief warns of ‘catastrophic consequences’ for oil market
World’s biggest oil company will be able to export about 5mn barrels a day of crude soon, says Amin Nasser
World’s biggest oil company will be able to export about 5mn barrels a day of crude soon, says Amin Nasser

Amin Nasser predicts ‘supply crunch’ unless energy companies return to exploration and find new reserves

Amin Nasser warns depletion of gasoline and jet fuel inventories is ‘rapidly accelerating’ due to Hormuz closure

World’s largest oil producer shifts focus as it prepares to begin production at the giant Jafurah field

East-west pipeline allows oil company to circumvent the Strait of Hormuz and keep pumping

World’s biggest crude exporter to ask Asian customers for around $20 a barrel on top of benchmark prices

Analysts estimate Saudi Arabia has roughly two weeks before it would need to start cutting crude output