OPEC Discipline Partly to Blame for Oversupply, but Saudi Leadership May Boost Prices

Khalid al-Falih is the new Minister of Energy, Industry, and Natural Resources.
OPEC discipline might be waning as oil's price continues to stay low on international indices as high supply persists, but recent moves by Saudi Arabia in Russia this week indicate action is forthcoming to curb supply.

Saudi Arabia

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Saudi Oil Exports

Oil extends gains as Saudi pledges export curbs

Oil prices extended gains on Tuesday after Saudi Arabia pledged to curb exports from next month and OPEC called on several members to boost compliance ...



Saudi Arabia Raises $4.5 Billion in 1st Local Bond This Year

Saudi Arabia raised 17 billion riyals ($4.5 billion) from its first local Islamic bond sale this year as the biggest Arab economy seeks funds to ...


Saudi Aramco

Saudi Aramco calls in defense firms for offshore security

State oil giant Saudi Aramco plans to increase security around its offshore facilities and has received bids for the work from defense firms, industry sources ...


Airport Privatization

Saudi Arabia hires Goldman Sachs for Riyadh airport stake sale

Saudi Arabia has hired Goldman Sachs to manage the sale of a stake in Riyadh airport, the first major privatisation of an airport in the ...


Women's Rights

Know your rights: Saudi women turn to app for help

Thousands of Saudi women are turning to an app to figure out how they can get the law on their side in the deeply conservative ...


Qatar Dispute

No winners in Gulf feud as Saudi and Qatari assets converge on oil

The crisis has come at a time of economic headwinds in the region. Saudi Arabia reported its first quarterly economic contraction in at least six ...



King Salman arrives in Tangier, Morocco, to spend vacation

Custodian of the Two Holy Mosques King Salman arrived in Morocco on Monday evening on a private vacation. ...



Saudi to ban foreign workers from grocery shop jobs

Saudi Arabia’s Ministry of Labour and Social Development is reportedly moving ahead with plans to ban foreign workers from jobs in grocery and confectionary shops. ...



Saudi Arabia mulls partial sale of water company

Saudi Arabia’s National Water Co. is seeking financial advisers to arrange the sale of parts of the country’s water distribution network, according to people familiar ...


Qatar Crisis

UAE and Saudi add 18 charities and individuals to terror list

Saudi Arabia, the UAE, Bahrain and Egypt on Tuesday extended its terror list, added more charity groups and individuals with ties to Yemen, Qatar and ...


Death Penalty in Saudi Arabia

Western Michigan Officials Urge Trump to Try To Stop Saudi Executions

Western Michigan University leaders are calling on President Donald Trump to intervene in the looming execution of 14 Saudi Arabians — including one man who ...


Yemen Civil War

Yemeni Houthis release video claiming to show missile launch on Saudi oil refinery

Saudia Arabia has not confirmed a ballistic missile launch into its territory on Saturday. Instead, Saudi authorities reported that a fire, started by hot weather, ...


Saudi +

Regional and related topics


Analysis: The Trump White House’s War Within

McMaster has made a major policy review of America’s long, failed war there his personal mission, according to the sources, and he pushed hard to ...



The onerous cost of rebuilding the city of Mosul

Initial estimates from the Fund for Iraq Reconstruction and the United Nations for rebuilding the city and its environs were $50 bil­lion, Abbar said. ...


Maryam Mirzakhani

Mathematician’s Death Ignites Debate Over Media Portrayal of Women

Maryam Mirzakhani, the most prominent Iranian scientist of our times, just passed away from cancer at the age of 40. She was the first woman ...



Yemen’s southern separatists battle own breakaway movement

The split emerged in May when a Southern Transitional Council was established after President Abd Rabbuh Mansour Hadi removed from their posts the governor of ...



Perspective: A Saudi Arabia-Israel Alliance? Not Likely

Hacked emails sent by UAE ambassador Yousef al-Otaiba reveal a shifting political order in the Middle East, in which Israel is more closely aligned with ...


Anti-ISIS Campaign

How the Islamic State Rose, Fell and Could Rise Again in the Maghreb

Those countries possess two unwanted claims to fame: as a significant pool of ISIS foreign fighters and, in the case of Libya, as the site ...



U.S. judge halts deportation of more than 1,400 Iraqi nationals

A federal judge in Michigan halted on Monday the deportation of more than 1,400 Iraqi nationals from the United States, the latest legal victory for ...



Israel removes metal detectors from holy site in Jerusalem

Move to dismantle security barriers near al-Aqsa mosque comes after days of violent confrontations that have claimed seven lives ...



Saad Hariri in Washington to make case for continued US support for Lebanon

Caught between an escalation in Congress against Lebanon-based Hizbollah and a border offensive led by the Shiite group and Syrian army against militants, the Lebanese prime ...



Turkey says opening chapters vital for ties with EU ahead of key meeting in Brussels

Opening negotiation chapters is vital to revive ties between Turkey and the European Union, Turkey’s EU Minister Ömer Çelik has said just a day before ...


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