US government ramps up its gas price forecast. Blame OPEC and Saudi Arabia
Forecasters at the US Energy Department on Tuesday ramped up their forecasts for American oil and gasoline prices next year, citing new steps by Saudi Arabia and OPEC+ to restrain the supply of oil.
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Surprise Saudi Move Leaves Asian Buyers Exploring More Russian, African Oil
Some Asian refiners are considering buying more crude from Russia and Africa after Saudi Arabia surprised the market
1970-01-01 08:00
Donald Trump Correctly Predicted the LIV - PGA Merger Last Year
Donald Trump said the PGA would be disloyal.
1970-01-01 08:00
PGA Tour Bows to Saudi Rival in Shock Combination With LIV Golf
The PGA Tour and Saudi-backed rival LIV Golf are combining in a shock merger, ending a seismic dispute
1970-01-01 08:00
Blinken expected to meet with Saudi Crown Prince Mohammed bin Salman
US Secretary of State Antony Blinken is expected to meet with Saudi Crown Prince Mohammed bin Salman during his upcoming visit to Saudi Arabia, a US official told CNN, the latest step toward rapprochement between the US government and the de facto leader of a key US ally.
1970-01-01 08:00
Real Madrid’s Karim Benzema to Receive Reported $300 Million for Saudi Move
Saudi Arabia’s $700 billion wealth fund and state oil firm Aramco are set to take control of several
1970-01-01 08:00
Blinken heads to Saudi Arabia amid strained ties, Israel normalization in mind
By Humeyra Pamuk WASHINGTON U.S. Secretary of State Antony Blinken travels to Saudi Arabia on Tuesday on a
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US Shale Seen Holding Firm on Returns Even as Saudis Cut Supply
US shale producers will stick to their previously announced plans for 2023 — growing output modestly while returning
1970-01-01 08:00
Leaked, Foul-Mouthed Audio Deepens Scandal Engulfing Colombian Government
A leaked audio of a foul-mouthed tirade by President Gustavo Petro’s 2022 campaign chief has frozen the government’s
1970-01-01 08:00
PIF’s AviLease Nears Deal for Standared Chartered Jet Leasing Arm
AviLease, a jet lessor owned by Saudi Arabia’s Public Investment Fund, is in advanced talks to acquire an
1970-01-01 08:00
Venezuela's Maduro visits Saudi Arabia -state media
RIYADH Venezuelan President Nicolas Maduro arrived in Saudi Arabia on Monday, state media reported, as the kingdom continues
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Saudi Arabia needs more than higher oil prices to fund its grand plans
Riyadh knows that it cannot rely solely on a fluctuating oil market for income. Along with its efforts to raise oil prices, it is also trying to bring in investment from abroad.
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