Saudi Arabia plans to issue tourist visas in April
Saudi Arabia is planning to issue its first official tourist visas from April 1, according to tour operators. The plan is a bid to
Saudis see oil output cuts easing next year as producers remain committed to re-balancing market
OPEC and its allies including Russia may next year ease the crude-output curbs that have helped prices recover from the worst crash in
OPEC reports achieve highest oil cut conformity level of 133% in January
The Organization of the Petroleum Exporting Countries (OPEC), and participating non-OPEC countries achieved the highest level of 133
U.S set to overtake Russia, Saudi Arabia as world leading oil producer.
United States is in a strong position to overtake countries such as Saudi Arabia and Russia as the world’s leading energy
Saudi Arabia plans up to $7bn of renewable energy projects this year
Saudi Arabia expects to start up to $7 billion of renewable energy projects this year, with solar plants leading the way. Tenders will
Saudi Arabia to raise gas prices by 80% in January
Saudi Arabia plans to raise domestic gasoline and jet fuel prices in January, part of a program to gradually eliminate energy
How the Saudi purge will affect detained billionaires’ assets in Africa
The jitters surrounding the Saudi purge continue to reverberate both in Africa and across the world with companies and family holdings
Oil climbs as Saudi Arabia expects OPEC to extend output curbs this month
Oil climbed, paring losses earlier this week, as Saudi Arabia moved to dispel doubts over Russia’s readiness to extend output curbs.
Hedge funds add bullish oil bets as mideast tension heats up
The Middle East is kicking things up a notch in the oil market. Hedge-fund bets on rising Brent crude hit a fresh record as tension in
Saudi crackdown widens as more bank accounts said frozen
Saudi Arabia’s surprise crackdown, which led to the arrests of princes, billionaires, and officials over the weekend, is expanding