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HomeSaudi Arabia

Saudi Arabia

Biden
Crude Oil News

Biden vows consequences for Saudi Arabia after OPEC+ decision

October 12, 2022 Mariel Alumit

WASHINGTON, Oct 11 (Reuters) – President Joe Biden pledged on Tuesday “there will be consequences” for U.S. relations with Saudi Arabia after OPEC+ announced last week that it would cut its oil production target over […]

Geopolitical

Top Dems Pivot Against Weapons Sales To Saudi Arabia After Oil Production Cut

October 11, 2022 Mariel Alumit

Authored by Kyle Anzalone & Connor Freeman via The Libertarian Institute, Top-ranking Democratic Senators Bob Menendez (D-NJ) and Chris Murphy (D-CT) have called for a fundamental change to the relationship between Washington and Riyadh after […]

Saudi Aramco
Crude Oil News

Saudi Aramco to maintain full oil supplies to Asia in Nov despite OPEC+ cuts

October 11, 2022 Mariel Alumit

SINGAPORE, Oct 10 (Reuters) – Saudi Aramco has told at least seven customers in Asia they will receive full contract volumes of crude oil in November ahead of the peak winter season, several sources with […]

OPEC+
Crude Oil News

Biden has a big oil problem. Here’s what you need to know about the recent OPEC+ decision.

October 10, 2022 Mariel Alumit

A version of this story appeared in CNN’s What Matters newsletter. To get it in your inbox, sign up for free here. WashingtonCNN —  With just weeks to go until the November midterms, four letters are haunting […]

Commodities

Saudi Arabia Raises Crude Prices To US, Lowers Price In Europe

October 9, 2022 Mariel Alumit

According to a new Bloomberg report, Saudi state energy giant Aramco has raised the price of crude oil sold to the US in November by 20 cents, even as it kept the selling price to […]

An illustration by Erhan Yalvaç shows U.S. President Joe Biden speaking on the U.S.' new energy policy road map.
Climate Crisis

Biden’s Day One Actions Set The Stage For The Biggest Dumpster Fire In 30 Years

October 8, 2022 Mariel Alumit

The president blunders from one self-inflicted crisis to the next. President Joe Biden was outraged on October 5 when the oil-and-gas cartel OPEC+ announced that it would cut production by 2 million barrels of oil per day. He […]

Crude Oil News

Saudi Energy Minister Abdulaziz bin Salman discusses OPEC+ decision to cut oil production

October 8, 2022 Mariel Alumit

    CNBC’s Brian Sullivan sits down with Saudi Arabia’s Prince Abdulaziz bin Salman to discuss the decision from OPEC+ to cut oil production, a move that has sparked intense criticism from the White House. […]

U.S.
Crude Oil News

U.S. delivers angry rebuke of massive OPEC+ production cut — and it could backfire for Saudi Arabia

October 6, 2022 Mariel Alumit

Energy analysts believe deep production cuts from OPEC+ could yet backfire for U.S. ally Saudi Arabia. OPEC and non-OPEC allies, a group often referred to as OPEC+, agreed on Wednesday to reduce oil production by […]

Saudi Arabia
Crude Oil News

Saudi Arabia to discuss Investment in Africa with large Energy Delegation including Ministry, Saudi Basic Industries Corporation (SABIC), ARAMCO to Africa Energy Week in Cape Town

October 3, 2022 Mariel Alumit

With Africa seeking to maximize the exploitation of its entire resource base including oil, gas, coal and renewable energy for a secure and sustainable energy mix that will support the continent’s efforts to accelerate electrification […]

Germany
Crude Oil News

Germany Scrambles To Improve Relations With Energy Exporters

October 3, 2022 Mariel Alumit

Germany has approved a string of new arms deals with Saudi Arabia. The weapons export deals come at a time when Germany is scrambling to boost relations with energy exporting countries. The loss of Russian […]

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