The Saudi-backed Yemeni government signed a power-sharing deal with a local group seeking a separate state in the south, an agreement designed to keep the country from fracturing and pave Continue Reading
Deadly operation targets the defenses of an oil field once controlled by the Islamic State militant group, reinforcing fears of an energized insurgency. Iraqi fire fighters battle a fire in Continue Reading
After hitting record levels in August and early September, the Oil Ministry has reduced output to help support global prices. Iraq has throttled back its crude production since setting an Continue Reading
Saudi Arabia’s US$2.5-billion Islamic bond issued on Tuesday attracted orders worth more than US$13 billion in the first international debt issue since the attacks on vital Saudi oil facilities in Continue Reading
The American president just gifted 2.5 billion barrels of oil to long-time Syrian enemy Bashar Al-Assad and, by default, Iran and Russia. As far as gifts go, it was both Continue Reading
ISIS has lost its caliphate. The infamous terrorist organization that just a few years ago had even the most powerful world leaders terrified as it snapped up more and more Continue Reading
Given that China has put its expansion into Iran on hold for the time being due to the backlash in Iran on the extent of such plans, Tehran is now Continue Reading
Oil giant Saudi Aramco’s much-vaunted stock market listing was delayed after deal advisers said they need more time to lock in cornerstone investors, three sources with direct knowledge of the Continue Reading
If you ask President Trump, the United States is simultaneously bringing its troops home from Syria and securing “ the Oil ” (his capitalization) there. In fact, the United States Continue Reading
The world’s top oil exporter, Saudi Arabia, is issuing US$2.5 billion worth of Islamic bonds, or sukuk, on Tuesday, returning to the bond market to take advantage of the low Continue Reading
