Saudi Arabia Squeezed As OPEC Meeting Nears
Oil prices dipped over the week, but the next few days will be volatile due to escalating geopolitical concerns and trade war tensions. Oil prices dipped in early trading, but Continue Reading
Saudi energy minister goes to OPEC with a weak hand: Kemp
Saudi Arabia’s energy minister, Khalid al-Falih, must play a bad hand of cards as well as he can at next week’s meeting of OPEC and non-OPEC oil producers in Vienna. Continue Reading
Khashoggi’s Revenge: Is Saudi Arabia Becoming A Pariah State?
The U.S. Senate took a dramatic step on Thursday, moving to block U.S. involvement in the Saudi war in Yemen and sending a powerful message to Riyadh that the U.S.-Saudi Continue Reading
Is The Saudi-Russia Oil Bromance At Risk?
A week before OPEC and allies meet in Vienna to discuss a new oil production cut, the market is still wondering whether the leaders of the OPEC and non-OPEC nations—Saudi Continue Reading
Saudi Arabia wants united front on oil output; Russia and Nigeria hold out
Saudi Arabia will not cut oil output on its own to stabilize the market, Energy Minister Khalid al-Falih said on Wednesday as Nigeria and Russia said it is too early Continue Reading
Natural Gas Drives Saudi Geopolitical Pivot
The world’s largest oil company Saudi Aramco seems to have surprised the global energy markets the last couple of days. New announcements of multi-billion dollar investments in gas related operations, Continue Reading
Saudis Won’t Cut Oil Production On Their Own
Saudi Arabia is going to do whatever it takes to stabilize the oil market, but it can’t and won’t do it alone without a collective decision from the OPEC and Continue Reading
The Real Cost Of Saudi Arabia’s Gas Ambitions
The world’s liquefied natural gas (LNG) market will become even more competitive within the next several years. Saudi Arabia, the world’s largest oil exporter, is now vying to become a Continue Reading
Saudis Say Nuclear Energy Will Speed Up Economic Development
Saudi Arabia’s plans to build a nuclear power plant will speed up the Kingdom’s economic development as it would diversify its over-reliance on crude oil, a Saudi energy expert told Continue Reading
How Much Oil Production Will The Saudis Cut?
Donald Trump continues to take credit for lowering oil prices. So great that oil prices are falling (thank you President T). Add that, which is like a big Tax Cut, Continue Reading