03 Oct 2015
(MENAFN) Saudi’s recent moves in the oil industry are sending a strong message to the world about its commitment to preserving its market share, a leading Saudi analyst said.
“Saudi Arabia wants to assure the world and oil imported countries toward its commitment to the stability of the oil market,” said chairman of the board of Al-Sami Holding Group.
Saudi is the market leader in producing oil, which currently stands around 8.1 percent of the world oil supply and will in the future continue its policy of preserving the market share, he added.
Saudi Arabia is a long-term strategic producer of oil and Al-Naimi’s comments reflect this position, said Middle East director at Ashmore Group.
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more