With Washington poised to curtail Iran’s oil exports, OPEC heavyweight Saudi Arabia and its partners stand ready to ramp up supplies even as market conditions remain uncertain, analysts say. The […]
Crude oil futures rose on Monday as geopolitical tensions over the disappearance of a prominent Saudi journalist stoked worries about supply, although concerns about the long-term outlook for demand dragged […]
Oil prices on Thursday fell from four-year highs reached the previous session, pressured by rising U.S. inventories and after sources said Russia and Saudi Arabia struck a private deal in […]
Saudi Arabia’s sovereign wealth fund agreed to invest over $1B in Lucid Motors, an electric vehicle startup that one day hopes to compete with the likes of Tesla. The Silicon […]
Russia and Saudi Arabia will continue co-operating in the long term, including on the design of a framework for the relations between OPEC and its external partners, a Russian Energy […]
Snap, the parent company of Snapchat, now has some royal backing. Prince Alwaleed Bin Talal, a businessman and a member of Saudi Arabia’s royal family, said on Tuesday that he […]
Saudi Arabia’s sovereign wealth fund has acquired a significant position in Tesla shares, according to the Financial Times. The PIF’s stake is expected to comprise between 3% and 5% of […]
Aramco is unlikely to suspend West-bound crude oil exports after the Houthi missile attacks against two Saudi tankers in the Bab el Mandeb strait, The National reports citing oil analysts. […]
