Saudi Arabia
Saudi Arabia Articles
Saudi Arabian officials have announced an increase in the countries proved oil reserves while in the United States, an estimate of the total resource in the Anadarko Basin has soared.
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OPEC and its partners reportedly have agreed to cut 1.2 million barrels of daily oil production beginning in January and lasting through June 2019. Crude prices are soaring.
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Saudi Arabia and Russia agreed last week to curb production next year, but details still need to be worked out. In Canada, the province of Alberta has mandated a production cut in an effort to push...
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Ahead of next week's OPEC meeting in Vienna, Russian president Vladimir Putin and Saudi crown prince Mohammed bin Salman are planning to meet on the sidelines of this week's G20 meeting to set a...
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The U.S. crude oil inventory posted it 10th consecutive weekly rise last week and prices, which had drifted lower Wednesday morning, first dipped lower then steadied.
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What might happen at the OPEC meeting next week could be decided this week at the G-20 meeting in Brazil.
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Crude oil traded down about 7% Friday morning as it appears to be getting clearer that the Saudis have succumbed to demands from President Trump to leave oil supplies alone, guaranteeing that supply...
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The U.S. crude oil stockpile soared by more than 10 million barrels last week according to the latest official report. Inventories have now risen for eight consecutive weeks.
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Saudi Arabia, one of the world's largest producers, said it would cut output, almost certainly a catalyst for an oil price rise.
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Amazon.com is close to choosing site of its second headquarters, sanctions have started to cut Iran oil exports, and other important business headlines.
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Saudi Arabia is the 41st-most populous country in the world, and it posts the 19th-largest nominal GDP. It also ranks fourth in the world based on military expenditures.
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Among the effects of the alleged murder of Jamal Khashoggi by the Saudi Arabian government is the damage it will do to an IPO planned for Saudi Aramco.
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Saudi Arabia's stock market craters, Sears files for Chapter 11 bankruptcy, two major defense companies may merge, and other important business headlines.
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Toyota recalls more than a million vehicles, emerging market currencies continue to fall, Saudi Arabia aims to keep the price of crude within a narrow range, and other important business headlines.
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Tesla's board of directors has formed a special committee made up of three independent directors to act on behalf of the company in connection with any go-private transaction.
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