Saudi Arabia
Saudi Arabia Articles
On the sidelines of the G20 summit meeting in Hangzhou, the Russian and Saudi Arabian oil ministers met and agreed to create a producers’ group that would meet regularly to monitor the oil markets....
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Iran reportedly is "sending positive signals" that it may support a freeze on production at the OPEC meeting scheduled for next month.
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The Kingdom of Saudi Arabia is reportedly considering using IOUs to pay vendors with the goal of conserving cash. Payments would include some cash and some bond-like paper (commonly called an IOU...
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Saudi Arabia has just released a 12,000-word, 15-year plan for supposedly revamping its economy called "Saudi Vision 2030."
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An International Energy Agency expert told CNBC on Friday that the world's two largest producers, Russia and Saudi Arabia, are expected to pump "as much oil as possible."
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As the relationship between Saudi Arabia and the United States frays, the Middle East country could find itself isolated from its largest ally. It is not without military means even if there is a...
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The sharp drop in crude oil prices that occurred in early trading Monday had been pared back to less than 1% by the noon hour.
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Saudi Arabia has threatened to dump its U.S. Treasury holdings if a bill stripping the Saudi Arabian government of its immunity against private lawsuits relating to the 9/11 attacks were to pass.
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The absence of a decision to freeze oil production at a meeting of some of the world's largest oil-producing nations has scuttled the most promising chance to push crude prices higher.
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U.S. drivers can expect to gasoline prices this summer to average about 22% less than last year, according to the U.S. Energy Information Administration.
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In the week ended April 1, the number of rigs drilling for oil in the United States fell to 362, according to the Baker Hughes North American Rotary Rig Count.
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With Royal Dutch Shell and Saudi Arabia's state-owned Aramco splitting up their 18-year refinery joint venture, it seems unlikely the Saudis will not slow oil production, no matter how many meetings...
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Analysts at Moody’s Investors Service today announced that the firm has lowered its outlook for Saudi Arabia’s banking system was dropped from ‘stable’ to ‘negative’ to reflect...
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The Saudis may be preparing to issue their first-ever international sovereign bond, but there's a catch.
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Low oil prices have taken a toll on U.S. producers, sending some of the smaller firms with high debt loads into the bankruptcy courts. The impact on some oil producing nations has created similar...
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