Analysis

OPEC+

Putin Highlights Price Difference with Saudis and OPEC+ with Key Production Decision Looming

• SUSTG Team
• |
• 6. 6. 2019

Saudi Arabia and Russia may not see eye-to-eye on the targeted price of crude oil, which could complicate the two sides' efforts to reach a joint decision on supply, according to multiple reports.

• Yemen

  

  Fragile Ceasefire in Key Yemen Port Broken with Fresh Fighting after Cross-Border Drone Attack on Saudi Oil Pipelines

  SUSTG Team  |  5. 15. 2019

  Fresh fighting broke out in a key port in Yemen yesterday, breaking a fragile cease-fire and threatening to complicate a troop withdrawal agreement intended to pave the way for wider peace talks, according to reports.

• FDI

  

  70 Percent Increase in New Licenses for Foreign Businesses in First Quarter, Al-Omar Says

  SUSTG Team  |  4. 29. 2019

  The number of new licenses approved for foreign businesses in Saudi Arabia rose by 70 percent in the first quarter from a year earlier, the head of Saudi Arabia's General Investment Authority (SAGIA) said.

• U.S.-Saudi Relations

  

  Senate Overwhelmingly Confirms John Abizaid as US Ambassador to Saudi Arabia

  SUSTG Team  |  4. 11. 2019

  The Senate overwhelmingly voted to confirm retired Gen. John Abizaid as the new US Ambassador to Saudi Arabia on Wednesday in a 92-7 vote, paving the way for the former head of then U.S. Central Command to be the first person to fill the post since President Trump took office.

• U.S.-Saudi Relations

  

  House, Senate Vote to End U.S. Support of Yemen War, Setting Stage for Trump Veto

  SUSTG Team  |  4. 5. 2019

  The U.S. House of Representatives approved a resolution on Thursday that would end all U.S. involvement with the Saudi Arabia-led coalition in the war in Yemen, Reuters reports.

• Saudi Aramco

  

  Saudi Aramco Opens its Books, Officially the World’s Most Profitable Company

  SUSTG Team  |  4. 1. 2019

  State-owned Saudi Aramco is the world's most profitable firm, eclipsing global heavyweights like Apple and Samsung, according to new data revealed ahead of a major bond issuance.

• Global Oil Markets

  

  Oil Notches Third Straight Week of Gains, but Global Economy Fears Still Weigh on Prices

  SUSTG Team  |  3. 22. 2019

  Concerns that a looming economic slowdown might soon impact fuel consumption around the world are weighing down oil prices after Saudi Arabia and the OPEC+ group of oil producing nations have successfully reversed a downward trend for oil since the start of 2019.

• U.S.-Saudi Relations

  

  Senate Passes Joint Resolution to End U.S. Military Support for Saudi-Led Coalition in Yemen

  SUSTG Team  |  3. 14. 2019

  The U.S. Senate passed a resolution Wednesday to end American support for the Saudi-led, U.N.-backed coalition in Yemen, issuing a challenge to President Donald Trump to use his first veto of his Presidency.

• Natural Gas

  

  Large Quantities of Natural Gas Discovered in Red Sea, Al-Falih Says

  SUSTG Team  |  3. 8. 2019

  Large quantities of gas have been discovered in the Red Sea, the official Saudi Press Agency said, citing comments made by Minister of Energy Khalid Al-Falih.

• Economy

  

  Latest Economic Data Shows Continued Improvement in Saudi Economy, Jadwa Investment Says

  SUSTG Team  |  3. 5. 2019

  Latest economic data from Jadwa Investment's March 2019 economic chartbook shows more positive signs for the Saudi economy.