Aramco’s CEO Amin Nasser believes that the oil market fundamentals remain generally “sound” for the rest of the year. “Although China is facing some economic headwinds, the transport and petrochemical sectors are still showing signs […]
The U.S. is predicted to break a new record in oil production this year, with current production at 12.4 million barrels per day, primarily due to increased output in tight oil and shale gas regions. […]
China and the Gulf Cooperation Council, an economic group of Middle East states that are one of the world’s fastest-growing regions, wrapped up a high-profile, two-day Arab-China Business Conference in Riyadh last Monday that made […]
Saudi Arabia’s decision to cut production on its own may not have been in its best interests. Russia’s strategy has been to persuade Saudi Arabia to increase the group’s oil prices as much as possible […]
Saudi Arabia’s Ministry of Investment has signed a $5.6 billion deal with Chinese electric vehicle (EV) maker Human Horizons to collaborate on the development, manufacture and sale of vehicles, the Saudi state news agency said […]
Via The Cradle, Saudi Arabia’s Ministry of Investment signed $10 billion worth of investment agreements with Chinese companies on June 11, the first day of the 10th Arab-China Business Conference in Riyadh. The deals include […]
Saudi Arabia and China’s strengthening relationship is increasingly important to both Riyadh and Beijing as the kingdom pushes ahead with Vision 2030 and China with its Belt and Road Initiative (BRI). Saudi Arabia’s geoeconomic pivot […]
Saudi Arabia has signed a $5.6bn deal with a Chinese company to manufacture electric vehicles as the kingdom is looking to lead the Arab world in expanding economic ties with Beijing. The memorandum of understanding […]
Video Duration 26 minutes 00 seconds 26:00 Oil producers are facing falling oil prices – and bets by Wall Street speculators could push prices further down. Saudi Arabia says it wants to target those traders. […]
Video Duration 27 minutes 20 seconds 27:20 Top-level diplomacy often involves tricky footwork, but it rarely comes trickier than during US Secretary of State Antony Blinken’s trip to Saudi Arabia. In the few months since […]
Copyright © 2026 | Sandstone Group