Oil giant Saudi Aramco expects to increase its capital spending budget by almost 10 percent in its next financial year, a senior vice president at the state-owned company said on Continue Reading
Five things about Saudi Arabia’s Crown Prince Mohammed bin Salman Media captionFive things about Saudi Arabia’s Crown Prince Mohammed bin Salman Big things are happening in Saudi Arabia. Princes, ministers Continue Reading
After Saturday’s news emerged that a long list of high-profile Saudi royals, military leaders and multi-billionaires were arrested or confined to their quarters, all seemed to be only an implementation Continue Reading
Saudi attorney general says arrests just start of crackdown U.S. crude stockpiles probably fell by 2.45 million barrels Oil traded near the highest level in more than two years as Continue Reading
Saudi Arabia has opened a new front in its regional proxy war with Iran, threatening Tehran’s powerful ally Hezbollah and its home country Lebanon to try to regain the upper Continue Reading
Saudi Arabia’s attorney general, Sheikh Saud al-Mojeb, on Monday vowed it would arrest more people as part of the government’s sprawling corruption investigation, which began secretly some three years ago. Continue Reading
We’ve been harping on in recent weeks about how Saudi has been slashing crude flows to North America, but as we can see in our ClipperData below, it has been Continue Reading
Princes, ministers and a billionaire are ‘ imprisoned ‘ in the Riyadh Ritz-Carlton while the Saudi Arabian Army is said to be in an uproar. .. The House of Saud’s Continue Reading
Saudi attorney general says arrests just start of crackdown U.S. crude stockpiles probably fell by 2.45 million barrels Oil traded near the highest level in more than two years as Continue Reading
Oil surged above $64 a barrel to the highest level in two years on Monday after Saudi Arabia’s crackdown on dozens of princes and business tycoons raised concerns about stability Continue Reading
