The U.S. military is deploying an additional 2,000 troops , two squadrons of jet fighters, three new antimissile systems and other equipment to Saudi Arabia in an effort to better Continue Reading
Saudi Arabia’s government is set to officially endorse this week plans to list shares in oil giant Aramco in what would be the world’s largest initial public offering (IPO) ever, Continue Reading
Saudi Arabia will restore its oil production to levels slightly above the output just before the attacks on its oil facilities in mid-September, Saudi Energy Minister Prince Abdulaziz bin Salman Continue Reading
Saudi Arabia is focused on a domestic stock market listing for its state oil company, Aramco, and no decisions have been made for any international share sale, the Saudi ambassador Continue Reading
The US will send an additional 3,000 troops to Saudi Arabia in response to the September 14 attack on Saudi oil facilities which disrupted roughly 5% of global crude oil Continue Reading
Saudi Arabia’s crude output fell just 660,000 b/d to an average 9.13 million b/d last month, according to official figures reported to OPEC, as the world’s largest crude exporter saw Continue Reading
An Iranian-owned oil tanker was hit by two missiles in the Red Sea off Saudi Arabia’s coast on Friday, Iranian media and officials reported, stoking tension in a region that Continue Reading
The alleged missile strike couldn’t be independently verified. It wasn’t immediately clear if the holes in the ship’s hull were caused by missile strikes or mines, given the extent of Continue Reading
The crown prince has indicated he wants the IPO to value Saudi Arabian Oil, or Aramco, at $2 trillion. But that target has already met some resistance from company executives Continue Reading
The board of directors of Saudi Aramco could give the final approval to what would be the world’s largest initial public offering (IPO) ever as soon as next week, Bloomberg Continue Reading
