Saudi Arabia
Saudi Arabia Articles
Russia says it will sell more U.S. debt, the president boasts about the effects of his battle with Harley-Davidson, Saudi Arabia could provide money for Tesla to go private, and other important...
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The proposed IPO of a piece of Saudi national oil company Aramco appears to have stalled and may not happen at all now that crude prices have more than doubled since the IPO was first discussed.
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The OPEC agreement reached last month to raise crude oil production was likely a pro forma deal arranged months before when the United States pulled out of the nuclear deal with Iran.
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The number of U.S. land-based rigs drilling for oil rose by 1 for the second consecutive week. Rigs drilling for natural gas dropped and the total rig count for the week came in at 1,059, down 3...
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The U.S. crude oil inventory rose last week by an unexpectedly large 2.2 million barrels. Gasoline and distillate inventories also posted larger-than-forecast increases. Crude oil prices slipped...
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The number of land-based rigs drilling for oil in the United States rose by 15 this week. High prices for crude oil continue to drive more production.
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U.S. petroleum inventories fell by modest amounts last week but the declines pushed crude oil prices to a high of more than $68 a barrel, a price last seen in late 2014.
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According to documents obtained by Bloomberg News, Saudi Arabia's state-owned oil company, Saudi Aramco, posted a profit of $33.9 billion in the first half of last year.
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Blackstone plans to invest in infrastructure in multiple ways. It is expected to begin making infrastructure investments in 2018.
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At least 11 members of the Saudi royal family were arrested on Saturday on the orders of a newly formed anti-corruption committee led by the Crown Prince. What's at stake for country's economy, and...
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Several key reports have noted that the Saudi Aramco deal may be delayed or might come in an alternative form instead of a traditional initial public offering.
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These huge foreign sales, combined with a campaign promise to boost our own military, bode well for the top companies in the defense and aerospace sector.
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Saudi Arabia has agreed to limit its exports of crude oil and Nigeria has agreed to cap its production at current levels in an effort to raise crude oil prices. The agreements were announced this...
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Saudi King Salman has appointed his son as crown prince, essentially naming Mohammed bin Salman as the king's successor. This is a bigger change than it may at first appear to be.
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Lockheed CEO Marillyn Hewson sees the potential for $28 billion new revenues as a result of the recently announced agreement with Saudi Arabia for $110 billion in new weapons systems. Boeing CEO...
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