- Aramco Chief Executive Amin Nasser said the oil market would remain tightly balanced in the short to medium term.
- Aramco reported its highest ever annual profit since the company was listed.
- A deal agreed between Iran and Saudi Arabia on Friday to re-establish relations would have a positive effect on global energy markets.
- Aramco's crude supplies to its main Asian customers, including China and India, were not impacted by the uptick of Russian sales into Asia.
- Aramco is in "active talks and discussions" in terms of LNG investments.
Aramco's Nasser says oil market tightly balanced
Aramco Chief Executive Amin Nasser said on Sunday that the oil market would remain tightly balanced in the short to medium term, adding that he was cautiously optimistic.
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