Saudi Arabia

This is how many barrels of oil the 13 OPEC countries produced last month

This is how many barrels of oil the 13 OPEC countries produced last month

The oil cartel continues to dominate global oil markets

Sino-Saudi alignment creates strategic opportunity for Turkey

Sino-Saudi alignment creates strategic opportunity for Turkey

Erdogan declared Turkey’s national interests as “residing in the Suez Canal, the adjacent seas, and from there extending to the Indian Ocean”

Fitch downgrades Saudi Arabia#039s rating

Fitch downgrades Saudi Arabia's rating

Fitch Ratings cut its assessment of Saudi Arabia's credit quality, citing deterioration of state finances due to low oil prices and doubts over whether Riyadh can achieve its economic reform plans. Fitch downgraded Saudi Arabia by …

Oil prices are entering a bearish trend despite supply deal

Oil prices are entering a bearish trend despite supply deal

Oil prices have entered a bearish trend despite short-term bounces, supply cuts and improved demand estimates

Saudi Arabia continue reducing oil output

Saudi Arabia continue reducing oil output

Saudi Arabia’s crude oil exports dropped by about 300,000 barrels per day (bpd) in January, official data showed on Monday, as the top OPEC producer played its part in a global supply-cut pact to support prices and ease a glut. …

Iran blasts Saudi Arabia for continuing war on Yemen

Iran blasts Saudi Arabia for continuing war on Yemen

Iranian Foreign Ministry Spokesman Bahram Qassemi strongly blasted the Riyadh government for continuing attacks on Yemeni civilians, Al-Manar TV reports. “Saudi Arabia has fueled the flames of regional …

 Saudi minister: oil production cuts may be extended if necessary

Saudi minister: oil production cuts may be extended if necessary

OPEC and its allies may prolong production cuts after they expire in June if the world’s crude inventories remain excessive, Saudi Arabia’s Energy Minister Khalid Al-Falih said. The curbs will be …

Oil drops after Saudis tell OPEC they reversed some output cuts

Oil drops after Saudis tell OPEC they reversed some output cuts

Extending OPEC’s cuts will accelerate the re-balancing of the market and help prices to return to “acceptable” levels

Saudi defence minister to discuss bilateral relations with Trump

Saudi defence minister to discuss bilateral relations with Trump

Saudi Deputy Crown Prince Mohammed bin Salman left Saudi Arabia on Monday for the United States for a visit scheduled to include talks with US President Donald Trump, the Royal Court said in a statement. …

Saudi Arabia considers deporting 5 million illegal migrants

Saudi Arabia considers deporting 5 million illegal migrants

The Shoura Council of Saudi Arabia is discussing a system of regulations to combat illegal migration in the kingdom, Dhaka Tribune reports citing Al-Hayat newspaper. The council – also known as the consultative …

Iran and Iraq to r up oil production despite OPEC cuts

Iran and Iraq to ramp up oil production despite OPEC cuts

They are exploiting Saudi Arabia’s precarious position by taking steps to boost production

Gulf countries take back seat on Syria route

Gulf countries take back seat on Syria route

Gulf countries appear to favor a wait-and-see approach hinging on two unknowns: Trump's new US policy on Syria, and Russia’s capability to broker a deal

#039Daesh supporter#039 killed in Riyadh after resisting arrest

'Daesh supporter' killed in Riyadh after resisting arrest

Police officers in Riyadh have killed a suspected Daesh supporter and arrested his accomplice,. The incident occurred in a furnished apartment building in the Al-Rayyan district after a worker reported that one of the men had declared …

Malaysian police foiled attack on Saudi king

Malaysian police foiled attack on Saudi king

Malaysian police said seven militants arrested late last month ahead of a visit Saudi Arabia's King Salman bin Abdulaziz Al Saud were planning an attack on "Arab royalties". "They were planning to …

Saudi Arabia cuts light oil prices to Asia

Saudi Arabia cuts light oil prices to Asia

Global oversupply persists

Oil prices decline as U.S. stockpiles set record

Oil prices decline as U.S. stockpiles set record

U.S. crude stockpiles are jeopardizing OPEC’s efforts to drain a global surplus

Three non-Arab countries not able to decide fate of Arab world - expert

Three non-Arab countries not able to decide fate of Arab world - expert

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Saudi Arabia and the United States must be involved in the process of the Syrian settlement, Fyodor Lukyanov believes

 Saudi King lands in Indonesia with 459 tonnes of luggage (VIDEO)

Saudi King lands in Indonesia with 459 tonnes of luggage (VIDEO)

Видео

Saudi Arabia's King Salman bin Abdul-Aziz landed in Indonesia with 459 metric tonnes of luggage. The Saudi monarch was joined by an entourage of 620 staff and a further 800 delegates, including 25 princes and 10 …

Iranian Foreign Ministry: we avoid intervention into issues of other countries

Iranian Foreign Ministry: we avoid intervention into issues of other countries

Iranian Foreign Ministry spokesperson Bahram Ghasemi rejected the claims against Iran made by the statement released at the end of Saudi king’s trip to Malaysia. Ghasemi criticized article 15 of the …

Azerbaijan to supply hazelnuts to Spain

Azerbaijan to supply hazelnuts to Spain

Azerbaijan will supply hazelnuts to the Spain, the Azerbaijani Economy Ministry said today. Special interest is paid to a stand of Azerbaijan at the Gulfood 2017 exhibition which is being held in Dubai. One of Azerbaijani companies …

 Azerbaijan to start meat, tea and honey supplies to UAE

Azerbaijan to start meat, tea and honey supplies to UAE

Azerbaijani companies have signed a number of contracts at the food exhibition Gulfood 2017, which is being held in the UAE, Azerbaijan's Economy Ministry said. The contract for the supply of meat from Azerbaijan was signed …

 Iran and Saudi Arabia discuss Hajj

Iran and Saudi Arabia discuss Hajj

A Saudi minister held talks with an Iranian delegation in the city of Jeddah about the possibility of Iranian pilgrims rejoining the annual Hajj. The kingdom’s minister in charge of pilgrimages, Mohammed …

Middle East petrostates moving beyond crude oil

Middle East petrostates moving beyond crude oil

Diversification brings in Japanese partners, including at Dubai refinery

Saudi Arabia favors New York for Aramco IPO - media

Saudi Arabia favors New York for Aramco IPO - media

Saudi Arabia is favoring New York to list state oil giant Saudi Aramco, while also considering London and Toronto for the prospect of floating the firm. Saudi officials also talked to exchanges in Singapore, Hong Kong, Tokyo and …

Will the anti-Iranian alliance take place in the region

Will the anti-Iranian alliance take place in the region

Will Turkey be able to play in several directions simultaneously

 New Russian Ambassador to Saudi Arabia appointed

New Russian Ambassador to Saudi Arabia appointed

Sergey Kozlov was appointed Russian ambassador to Saudi Arabia and the Russian permanent representative to the Organization of Islamic Cooperation. The corresponding decree was signed today by the president of Russia …

It#039s Not Record Oil Speculation That#039ll Drive Prices

It's Not Record Oil Speculation That'll Drive Prices

Speculators have piled back into oil since OPEC announced output cuts in November

Saudi FM questions why Iran never attacked by terrorists, hints at #039deal#039

Saudi FM questions why Iran never attacked by terrorists, hints at 'deal'

Minister of Foreign Affairs of Saudi Arabia Adel Jubeir suggested that a possible deal could be preventing Iran from being attacked by terrorist organizations such as Daesh and al-Qaeda, Sputnik reports. The move …

 Turkey seeks business opportunities in Gulf nations

Turkey seeks business opportunities in Gulf nations

President Erdogan kicks off Gulf tour with stops in Bahrain, Saudi Arabia and Qatar

Iraqi Airways plane evacuated in Jeddah after wheel fire

Iraqi Airways plane evacuated in Jeddah after wheel fire

Hundreds of passengers were evacuated safely from an Iraqi Airways plane after a wheel caught fire on landing at King Abdulaziz International Airport (KAIA) in Jeddah, Saudia Arabia, Arab News reported. Emergency crews evacuated …