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Saudi Arabia is raising oil prices for the US market again, while lowering them for Europe and leaving them largely unchanged for Asia. November shipments of Arab Light crude to Asia from state-run producer Saudi Aramco will remain …
Saudi Arabia, Russia and other oil-producing nations are ready to announce deep oil cuts during Wednesday’s OPEC+ meeting in Vienna, the Financial Times reported citing own sources. According to the paper, Saudi Arabia seeks to …
Saudi Arabia will be the first country in the Middle East to host the Asian games
President of the Republic of Azerbaijan Ilham Aliyev has received Minister of Foreign Affairs of the Kingdom of Saudi Arabia Faisal bin Farhan Al Saud. …
States across the Middle East are ordering large numbers of the best 4.5-generation fighter jets the United States and Europe have on the market. Recent orders unequivocally demonstrate how the proliferation of advanced weaponry into that …
Imports of Russian oil totalled 8.342 million tonnes, up 28% Y/Y, the equivalent of 1.96 million barrels per day
The volume of Saudi imports from Oman in 2022 amounted to about SR7.2 billion
Saudi Arabia’s Ministry of Culture announced that it would run a competition called “Maazoufat Al-Qahwa Al-Saoudiyya” (Saudi Coffee Symphony), as part of the “Year of Saudi Coffee” activities
Saudi Arabia cut oil prices for customers in Asia as coronavirus lockdowns and sagging economies cool energy demand in the two regions. State-controlled Saudi Aramco lowered its key Arab Light grade for October’s …
Saudi Arabia’s low-cost airline flynas has launched direct flights between Jeddah and Uzbek capital Tashkent, reads a statement. Two direct weekly flights will start from Sept. 15. The flights began following the signing of a …
A preliminary agreement was reached on the visit of a number of Saudi Arabian companies and businessmen to the liberated territories by the end of this year. The preliminary agreement was reached during the meeting between …
The United States and Iran are in the final stages of agreeing on a new nuclear deal that could see the return of Iranian crude on international markets, which some analysts say would result in downward pressure on oil prices–an …
Saudi Arabia announced that it will invest $1 billion in Pakistan to help the country with its current economic difficulties. The Saudi Foreign Ministry said in a statement that King Salman bin Abdulaziz has issued investment orders to …
Russia was second in crude oil production after the United States in June 2022, the state statistics service Rosstat reported on Wednesday. Saudi Arabia was third. Russia’s crude oil production was 10.667 barrels daily in June …
Saudi energy minister’s comments, backed by some OPEC members, are a letdown for White House
An Israeli commercial flight flew over Saudi Arabia's airspace early on Tuesday en route to the island country of Seychelles, marking the first time that an Israeli flight to a non-Gulf destination has taken such a route. Arkia …
China is developing closer relations with Middle Eastern countries and its growing economic presence there has been accelerated by the waning influence of the U.S. in the region since 2011
Saudi Arabian Energy Minister Prince Abdulaziz bin Salman said “extreme” volatility and lack of liquidity mean the futures market is increasingly disconnected from fundamentals and OPEC+ may be forced to cut production. …
Oil rose on Tuesday as renewed concerns over tight supply dominated market sentiment after Saudi Arabia warned that the major oil producer could cut output to correct a recent oil price decline. Brent crude gained 42 cents, or 0.4%, to …
Established in 2001 as a successor to the Shanghai Five, the Shanghai Cooperation Organization is the largest regional grouping in Eurasia, covering around 40 percent of the world’s population and 30 percent of global economic output. …
