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Saudis in a fix over size and pricing in debut bond sale

  Dubai / Reuters Potential investors in the Saudi Arabian government’s first international bond issue are preoccupied by a key question: how will the Saudis resolve their dilemma between size and pricing? Any issuer must choose between raising as much money as it can and selling debt as cheaply as possible. But as Saudi Arabia holds investor roadshows in the ...

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Iran output boost plan may hit OPEC deal

  Bloomberg Iran, OPEC’s third-biggest member, plans to boost its oil output to 4 million barrels a day this year, potentially complicating the producer group’s plan to cut supply in an effort to prop up prices. Oil Minister Bijan Namdar Zanganeh said he hopes the Organization of Petroleum Exporting Countries will agree next month at a meeting in Vienna to ...

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Iran aims for oil, gas fields tender in Nov

  Reuters Iran will launch next month its first new style tender to develop oil and gas fields since the lifting of international sanctions, a leading oil official said on Monday, after months of internal discussions over the terms, intended to be more alluring to foreign companies. OPEC’s third largest oil producer hopes to revive its energy sector following the ...

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