Oversupply in Oil Markets Continues Downward Pressure on Prices

Global oil markets have entered a period of oversupply, putting downward pressure on prices and eliciting calls for the world's largest producers like Saudi Arabia to act on top of March 2017 OPEC cuts to reduce the glut.

Saudi Arabia

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Qatar Dispute

Qatar Crisis: Saudi-Led Quartet Says It Will Do Whatever It Takes to Stop Gulf State’s ‘Support of Terror’

Saudi Arabia, the United Arab Emirates, Bahrain and Egypt said in a joint statement published on Emirati news agency WAM that it would "take all ...


Saudi Oil Policy

Saudi Aramco review confirms record crude oil production in 2016

The review shows that crude production at Aramco — the biggest oil company in the world — averaged a record of 10.5 million barrels of ...


Oil Output

At OPEC’s Critical Moment, No Sign of Saudi ‘Whatever It Takes’

Now is the time to maximize the impact of OPEC’s oil production cuts, yet the market is still waiting for the group’s biggest member to ...


Eastern Province Unrest

Saudi official says a security corporal killed, 6 wounded

Saudi Arabia’s Interior Ministry says a Saudi security corporal has been killed and six security men wounded in a militant attack on their patrol in ...


Saudi Aramco

Non-oil activities increasingly important for Aramco

Saudi Aramco’s annual review, published on Thursday, highlights activities outside the traditional energy business — technology, innovation and human capital — which it sees as ...


Saudi Mutual Funds

Saudi Arabia Mutual Fund Market Opportunity Outlook 2022

"Saudi Arabia Mutual Fund Market Opportunity Outlook 2022" report highlights the current transformation in the mutual fund market in Saudi Arabia. ...


Expat Family Tax

Once tax-free, Saudi Arabia starts expat levy

An estimated 11 million foreigners work in the Saudi private sector, with 2.3 million of their dependents based in the kingdom, according to the Public ...


Travel and Tourism

These photos from beaches in Saudi Arabia look a lot like paradise

When one thinks of Saudi Arabia, "beach" is probably not the first thing that comes to mind. But there's much more to the country than camels and ...



Saudi King Skips G-20 and Sends Davos Regular to Meet Leaders

Saudi King Salman is staying away from the Group of 20 summit in Hamburg and instead sent a cabinet minister who regularly attends the World ...


Tariffs Reduced

Saudi Arabia cancels steel export duties, cuts cement duties by half

Saudi Arabia said on Thursday it would cancel all export duties on steel for two years to encourage local industries. Cement export tariffs will also be ...


Saudi +

Regional and related topics

Qatar Dispute

Existing Agreements and U.S. Leadership Emerge as Keys to Resolving Qatar Standoff

To the contrary, they refined their expectations in six newly articulated “principles” that could facilitate mediation by Kuwait, the United States, and others, and centered ...



Dramatic Drone Footage Shows What Mosul Looks Like After 8 Months Of Fighting

But three years later, Iraqi forces have nearly finished retaking the city, and are in the process of mopping up the few remaining ISIS fighters ...


Qatar Dispute

How a 91-year-old imam came to symbolise feud between Qatar and its neighbours

But the concerns about Qatar's role as a financial and ideological base for extremist groups have been shared by Democratic and Republican administrations for at ...



10 killed in blitz car bomb attack in Egypt’s Sinai

A car bomb followed by fierce gunfire was unleashed on a military checkpoint in northeastern Sinai Peninsula on Friday, leaving 10 Egyptian security troops including ...


Total and Iran

Perspective: Total’s Iran Deal Gives Rouhani Space to Push Reform

As an energy deal, it is not groundbreaking, and is unlikely to unlock the floodgates and lead to an early rush of international businesses entering ...



The sultanate of Oman is taking a kicking




In Aden, Yemeni activists still live in fear

Since the Houthis and former President Ali Abdullah Saleh were expelled from Aden in July 2015, following 3½ months of bloody battles with forces loyal ...



Philippines police push for Muslim ID cards as counter-terrorism measure

Authorities in Central Luzon call for policy after Muslims blamed for failing to prevent Islamist conflict in the south. ...


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