Saudi King Salman Bin Abd al-Aziz has decided to appoint his son Prince Mohammed bin Salman as …
Khalid al-Falih
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Saudi Arabia has formed a new ministry for industry and mineral resources, separating it from the kingdom’s …
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OPEC kingpin Saudi Arabia does not wish to impose a 1973-style oil embargo on Western consumers, its …
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Saudi Arabia is most likely to hold the initial public offering (IPO) of oil giant Aramco in …
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International News
Saudi energy minister: Russia helped to breathe new life into OPEC
by Yomna Yasserby Yomna YasserSaudi Arabia’s energy minister said that Moscow has helped to breathe life back into OPEC and that …
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Saudi Arabia’s energy minister told CNBC Thursday that progress is being made in preparations to launch state …
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MENA News
Saudi Arabia to delay energy-subsidy cuts until year-end or early 2018
by Yomna Yasserby Yomna YasserSaudi Arabia, the biggest Arab economy, will probably delay plans to increase gasoline and other energy prices until …
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forex news
Oil rises after third weekly loss as Saudi Arabia expects recovery
by Yomna Yasserby Yomna YasserOil traded Monday above $46 a barrel as predictions by Saudi Arabia and Russia that crude markets …
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forex news
Oil prices drop as Saudi energy minister indicates 9-month extension to output cuts
by Yomna Yasserby Yomna YasserU.S. West Texas Intermediate (WTI) crude futures dropped Thursday morning at the start of an OPEC meeting …
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Industry & Trade
Saudi Arabia’s energy minister says 9-month extension is the ‘safe bet’ that should do the trick
by Yomna Yasserby Yomna YasserOil prices whipsawed Thursday morning as traders reacted to comments from OPEC delegates ahead of a widely …