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HomeSaudi Arabia

Saudi Arabia

Prince Mohammed bin Salman says Saudi Arabia closer to establishing Israel relations
Geopolitical

Prince Mohammed bin Salman says Saudi Arabia closer to establishing Israel relations

September 23, 2023 Mariel Alumit

Saudi Crown Prince Mohammed bin Salman has said his country is moving closer to establishing relations with Israel, and warned that if Iran gets a nuclear weapon then Riyadh will get one too. In a wide-ranging interview […]

Rigs in the Permian with Crown Jewel Lights
Commodities

The Trader That Sparked A Surge In U.S. Oil Prices

September 23, 2023 Mariel Alumit

The trading arm of French supermajor TotalEnergies is gobbling up U.S. crude, pushing WTI crude for delivery at Cushing to its highest premium since November, Bloomberg has reported, citing unnamed sources. Dubbed Atlantic Trading and Marketing […]

Aljazeera International

Houthis leave Saudi Arabia after talks on potential Yemen ceasefire deal

September 19, 2023 Mariel Alumit

Houthi negotiators left Riyadh after a five-day round of talks with Saudi officials on a potential agreement that could pave the way to an end to the conflict in Yemen, sources familiar with the meeting […]

Crude Oil News

US in ‘regular contact’ with Saudi Arabia over global oil supplies

September 17, 2023 Mariel Alumit

NewsOil and Gas The United States is “in regular contact at senior levels with Saudi Arabia about ensuring a stable and affordable supply of energy to global markets”, National Security Advisor Jake Sullivan says. The […]

Geopolitical

US-Saudi Arms ‘Megadeal’ Collapses Over Russia, China Links

September 15, 2023 Mariel Alumit

Via The Cradle, US weapons maker RTX, formerly known as Raytheon Technologies, scrubbed a multibillion deal with Saudi firm Scopa Defense earlier this year over “concerns” that the latter was pursuing business with sanctioned Russian […]

Saudi
Critical Minerals

U.S., Saudi Arabia in Talks to Secure Metals for EVs

September 13, 2023 Mariel Alumit

The U.S. and Saudi Arabia are in talks to secure metals in Africa needed for both countries’ energy transitions, as the White House tries to curb China’s dominance in the electric-vehicle supply chain and the kingdom looks […]

Crude Oil News

Saudi Oil Production Cuts To Deepen Rift With U.S.

September 13, 2023 Mariel Alumit

Last week, Brent crude topped $90 per barrel for the first time since last November, and WTI climbed to an 11-month high, too. The reason: Saudi Arabia and Russia said they would extend their oil […]

Geopolitical

Israeli Officials Make First Ever Public Visit To Saudi Arabia

September 12, 2023 Mariel Alumit

Via The Cradle, An official Israeli delegation has arrived in Saudi Arabia to serve as observers during the 45th session of the UNESCO World Heritage Committee, marking the first public visit by government officials to […]

oil
Crude Oil News

Why are Saudi Arabia and Russia continuing with oil production cuts?

September 9, 2023 Mariel Alumit

The price of oil affects nearly everyone – in terms of living costs and how much we pay for things like food and basic goods. That is why Saudi Arabia and Russia’s decision to keep […]

China
BRICS

China’s Influence In Oil Markets Grows With BRICS Expansion

September 6, 2023 Mariel Alumit

Piece by piece, China continues to build alternatives to each of the key building blocks of the West’s world order, including – crucially – a new global oil market order, as analysed in full in my […]

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