Saudi Arabia

OPEC Sees Russia Delivering Cuts

OPEC Sees Russia Delivering Cuts

While Its Own Output Declines

Saudi Energy Minister to discuss oil output with Russia#039s Novak in Vienna

Saudi Energy Minister to discuss oil output with Russia's Novak in Vienna

Saudi Energy Minister Khalid Falih said on Thursday he plans to use an upcoming meeting with his Russian counterpart Alexander Novak in Vienna to discuss monitoring oil output cuts under the …

Zarif: Iran can cooperate with Saudi

Zarif: Iran can cooperate with Saudi

Iran and Saudi Arabia should be able to work together to help end conflicts in Syria and Yemen, after successfully cooperating over Lebanon last year, Iranian Foreign Minister Mohammad Javad Zarif said at the World …

Iran’s Oil, Gas Revenues To Hit $41B

Iran’s Oil, Gas Revenues To Hit $41B

Tehran has been quickly ramping up crude oil production, aiming to reach pre-sanction levels

82% of Americans consider Russia a threat

82% of Americans consider Russia a threat

Americans are more concerned than they were before the 2016 U.S. presidential campaign began about the potential threat Russia poses to the country, Reuters/Ipsos poll released on Friday says. The Jan. 9-12 survey found that 82 percent …

Oil output cut raises spectre of recession in Saudi Arabia

Oil output cut raises spectre of recession in Saudi Arabia

Still, this is unlikely to alter the government’s medium-term economic plans to overhaul public spending

Iran and Saudi Arabia to discuss Hajj

Iran and Saudi Arabia to discuss Hajj

An Iranian delegation will visit Saudi Arabia on February 23 to discuss the issue of Hajj with Saudi officials. The Iranian Supreme Leader Ayatollah Ali Khamenei’s representative on Hajj Affairs Ali Qazi …

OPEC oil output falls from record highs

OPEC oil output falls from record highs

Saudi Arabia pumped less after seeing record output in November

Top OPEC members were putting #039pedal to the metal#039 ahead of planned output cuts

Top OPEC members were putting 'pedal to the metal' ahead of planned output cuts

Now, Saudi Arabia, Kuwait and the United Arab Emirates cut production

Oil Prices Boosted By Expected Drop In US Inventories

Oil Prices Boosted By Expected Drop In US Inventories

There are signs that oil producers will stick to agreed output cuts

  Iraq begins cutting oil output in keeping with OPEC deal

Iraq begins cutting oil output in keeping with OPEC deal

Iraq has begun implementing measures to reduce national oil output in keeping with an OPEC decision, the Iraqi oil minister Jabar Ali al-Luaibi said. "Iraq affirms its commitment to the OPEC decision which was …

Why Russia-brokered Syrian ceasefire has chance of succeeding

Why Russia-brokered Syrian ceasefire has chance of succeeding

In the case of Syria peace drive Moscow is at centre of decision making while US is out in the cold

Other countries interested in Russia-Turkey-Iran agreements on Syria

Other countries interested in Russia-Turkey-Iran agreements on Syria

Various countries have shown interest in joining the agreements on Syria reached in the Russia-Turkey-Iran format, a diplomatic source said.  "The joint statement says that the three countries agree, but who wants to, may also …

Iraq Could Delay OPEC Production Cuts

Iraq Could Delay OPEC Production Cuts

If Iraq misses its target and a few others follow suit, the effectiveness of the OPEC deal could start to unravel

Saudi officials say more professions should be open to women

Saudi officials say more professions should be open to women

A senior Saudi cleric and a health ministry official said women should be allowed to work as paramedics and opticians, Reuters reported citing Saudi newspapers reported. It's part of a push to relax strict labor codes in the …

Oil rises on signs of producers’ compliance with output cuts

Oil rises on signs of producers’ compliance with output cuts

However, there are doubts about the willingness of other OPEC members to comply

Trump moves to cancel deals in Azerbaijan, Georgia

Trump moves to cancel deals in Azerbaijan, Georgia

The Trump Organization has canceled a licensing deal for a hotel in Azerbaijan and is taking steps to do the same for a project in neighboring Georgia, part of recent efforts by the president-elect to extricate his business from thorny …

Shifting political landscape in US prompts Saudi Arabia to rethink financial strategy

Shifting political landscape in US prompts Saudi Arabia to rethink financial strategy

Saudi Arabia is re-evaluating its multibillion-dollar U.S. financial strategy because of shifts in the American political landscape, including whether to go elsewhere with the public stock debut of its state oil company, according to people …

Konstantin Simonov: Oil price to reach $65 per barrel

Konstantin Simonov: "Oil price to reach $65 per barrel"

CEO of the National Energy Security Fund on the significance of the agreements with OPEC for Russia

Monitoring the Oil Market After OPEC Agreement

Monitoring the Oil Market After OPEC Agreement

Indicators of the actual market balance

 Woman without abaya arrested in Saudi Arabia

Woman without abaya arrested in Saudi Arabia

Saudi police have arrested a young woman who tweeted a picture of herself outdoors without the body-length robes and head scarf that women in the kingdom are required to wear. A woman identified as Malak al-Shehri posted a picture of …

Non-Opec nations said to agree to oil production cuts

Non-Opec nations said to agree to oil production cuts

Russia and several other non-Opec nations pledged to curb oil production next year by more than 600,000 barrels a day at a meeting in Vienna on Saturday, Bloomberg reported citing a delegate source. It is the first such pact …

Saudi court sentences 15 people to death for spying

Saudi court sentences 15 people to death for spying

A Saudi court sentenced 15 people to death for spying for Iran, Saudi-owned al-Arabiya television reported. The 15 were among 32 people — comprising 30 Saudi Shia Muslims, one Iranian and an Afghan — who were detained in …

Oil demand in India to more than double by 2040

Oil demand in India to more than double by 2040

OPEC Sends Brent Crude Soaring Amid Pledge To Work With China, Russia

OPEC deal sends oil prices soaring

OPEC deal sends oil prices soaring

Consumers could see only moderate increases in fuel prices in the second half of next year

Saudi Energy Minister to become next OPEC President

Saudi Energy Minister to become next OPEC President

Saudi Energy, Industry and Petroleum Minister Khalid Al-Falih will be the next OPEC President, the current OPEC President, Qatar's Minister of Energy and Industry Mohammed Bin Saleh Al-Sada said. …

Saudi Prince: let women drive

Saudi Prince: let women drive

A prominent Saudi prince and business magnate Alwaleed bin Talal has added his voice to the debate over women’s rights in his country, urging it to abandon its driving ban for women. “Stop the debate. …

OPEC demands Russia to cut oil output

OPEC demands Russia to cut oil output

OPEC will continue to insist on Russia cutting, not just freezing oil production after the organization finalizes its own agreement, the Saudi Energy Minister Khalid al-Falih said before the OPEC meeting. "A freeze …

How Iran, Russia Could Derail Oil-Production Deal

How Iran, Russia Could Derail Oil-Production Deal

OPEC members engage in a last-minute blitz of diplomacy ahead of a meeting today

Analysts get tired of explaining oil price fluctuation

Analysts get tired of explaining oil price fluctuation

Oil prices climb ahead of key OPEC meeting