Saudi Arabia

Saudi Arabia Articles

Lockheed CEO Marillyn Hewson sees the potential for $28 billion new revenues as a result of the recently announced agreement with Saudi Arabia for $110 billion in new weapons systems. Boeing CEO...
WTI crude for July delivery traded down more than 3.5% early Wednesday as traders remain skeptical that global supply-demand balance is in the cards even with the recently announced nine-month...
A $40 billion private equity fund targeting infrastructure deals should be enough to raise more than just a few eyebrows on Wall Street and Main Street alike.
When Saudi Arabian national oil company Saudi Aramco goes public -- now expected in 2018 -- it will displace Apple as the world's most valuable company according an investment bank's survey.
Saudi Aramco names Moelis & Co. as advisors on coming IPO that could value the company at as much as $2 trillion.
WTI crude oil slipped by about a dollar a barrel in Monday's futures market on a continuing rise in U.S. drilling rigs and massive sales of stored Iranian oil are responsible for the downturn.
U.S. commercial crude inventories decreased by more than 2 million barrels last week, according to the U.S. Energy Information Administration.
Crude oil prices have added about $5 a barrel since Wednesday's announcement from OPEC that the cartel had reached an agreement to slice more than a million barrels a day from production.
Many top oil stocks have risen handily. Where the moves look really crazy is in the more speculative second-tier stocks, which are either not as strong in the balance sheet or are still down...
U.S. commercial crude inventories decreased by 900,000 barrels last week, according to the latest U.S. Energy Information Administration petroleum status report.
The price for crude Monday morning is about $46 a barrel, and where it goes from there depends on the outcome of a meeting of OPEC oil ministers scheduled for Wednesday in Vienna.
The OPEC meeting on November 30 could result in a cut of nearly 2% to the world’s daily output if Saudi Arabia gets its way. The Saudis are pushing a cut to daily production to a ceiling of 32.5...
Saudi Prince Alwaleed bin Talal, one of the world's richest men, has said that some of his longest-held and most-prized stocks, once characterized as "forever" holdings, may no longer fall into that...
If Saudi Aramco can get its ducks in a row, we may see a 2018 initial public offering that would create the most valuable public company in the world.
For the first time in three months, the price of a barrel of West Texas Intermediate (WTI) crude oil appears set to close above $50. WTI for November delivery reached an intraday high of $50.51 and...