OIL MARKETS

Oil Continues Slide as Recession Fears Mount

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Oil fell 2% toward $58 a barrel on Thursday, extending the previous session’s 3% drop, pressured by mounting recession in the United States and and a surprise boost in U.S. crude inventories, Reuters reports.

Saudi Arabia

News, analysis, and more

India

Saudis Defending Coveted India Oil Market With Reliance Deal

Saudi Aramco’s proposed purchase of part of India’s Reliance Industries Ltd. will allow it to regain its grip on the world’s fastest-growing oil market where ...

 

Saudi Oil Exports

Saudi Arabia dramatically changing its oil exports to China and the US

Saudi Arabia’s crude shipments to China have doubled in the span of a year. During the same period, its oil exports to the U.S. have ...

 

Yemen

Yemen’s southern separatists vowed on Wednesday to keep control over Aden

Yemen’s southern separatists vowed on Wednesday to keep control over Aden, warning the only way out of the impasse that has fractured a Saudi-led military ...

 

Agriculture

Germany seeks new wheat export markets as Saudi opens to Russia

German wheat exporters are seeking access to new markets including China, Mexico and Indonesia, an industry association said, following signals that Saudi Arabia is about ...

 

Social Media

Social media statistics in Saudi Arabia

As can be seen in the graph, age group 25-34 makes up the largest proportion of social media users, 44.3%. The runners-up are 18-24 year ...

 

AV in KSA

Vision 2030 is good for business in Saudi Arabia

So, what’s the reality for companies on the ground, and who stands to benefit most from investment related to Saudi Vision 2030? Most importantly, how ...

 

Saudi-Russia

Opinion: Saudi Arabia And Russia Unlikely To Agree On New Oil Cuts

Moscow's sound policies have reduced the fiscal breakeven from nearly $110 a barrel in 2013 to $40 currently, and in the meantime, the Kremlin is ...

 

Sports

Joshua vs. Ruiz: Eddie Hearn defends fight in Saudi Arabia

Muhammad Ali's fights against George Foreman -- "the Rumble in the Jungle" -- and Joe Frazier -- the "Thrilla in Manila" -- helped establish boxing's ...

 

Yemen Civil War

Saudi project clears 1,000 Houthi mines in a single week

Saudi-led mine clearance teams have de-activated nearly 1,000 Houthi explosive devices in Yemen in a single week. MASAM, the Saudi project for landmine clearance, disabled 15 ...

 

Saudi +

Regional and related topics

India-Pakistan

Kashmir: Imran Khan says Pakistan will ‘teach India a lesson’

In some of his strongest words since Delhi revoked Indian-administered Kashmir’s special status last week, Khan said the army was preparing to respond to anticipated ...

 

Iran

U.S. moves to seize Iranian tanker Britain was about to release after monthlong detention

urs before the British territory Gibraltar was set to release Grace 1, an Iranian supertanker that Britain's Royal Navy seized July 4 on suspicious of ...

 

Iran in the Region

UAE’s Gargash: status of Houthis as Iran proxy now ‘black and white’

“Houthi relations with Iran, for long in search for proper designation, is clearer following their leadership’s meeting with Ayatollah Khamenei,” Dr Gargash said in a ...

 

Economy

Global economy worries weigh on Gulf stocks

Stock markets in the Gulf fell in early trading on Thursday, extending their losses amid falling oil prices and fears of global recession triggered by ...

 

Iraq-Kuwait

Iraq and Kuwait Are Beginning a Beautiful Friendship

I first visited Safwan, a dusty town on the Iraq side of the border with Kuwait, in early 2003, a few weeks before the start ...

 

Israel in the Region

U.S. Arranges Secret Talks Between Israel, U.A.E. Over Iran

The Warsaw meeting brought Israeli Prime Minister Benjamin Netanyahu together with Arab leaders for wide-ranging discussions on how to challenge Iran. Those talks led to ...

 

Anti-ISIS Campaign

Captured ISIS fighters get short sentences and art therapy in Syria

The Syrian Kurdish allies of the United States are attempting a different approach. Their goal, Kurdish officials say, is to rehabilitate and reintegrate many of ...

 

U.S. Navy

This aircraft carrier skipper fled Iran as a child. Now he’s preparing to deploy amid heightened tensions.

He and his family were forced to flee to America when he was 11, his sister was 9 and his mother was seven-months pregnant. They were ...

 

Russia

Bolton: Russian Accident Shows Kremlin’s Nuclear Ambitions

In a wide-ranging interview with Voice of America (VOA) contributor Greta Van Susteren, Bolton said that "something has gone badly wrong here," when asked about ...

 

Qatar

Qatar says economic growth to accelerate in 2019-2020

Qatar’s economic growth will accelerate over the next two years amid expectations of stable oil prices and continued strong exports, the central bank said on ...

 

India-Pakistan

Kashmir lockdown: Activists report on India-administered state

On the eve of India's Independence Day, a team of activists and scholars released a report that paints a bleak picture of Indian-administered Kashmir, challenging ...

 

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