Two women’s rights campaigners detained in Saudi Arabia have been transferred to a special tribunal for “terrorism”, activists said on Thursday after the women appeared in court. The ruling came at a hearing in Al-Ahsa, in the kingdom’s Eastern Province, according to the activists who declined to be named. Loujain Hathloul has been detained since […]
Two women’s rights campaigners detained in Saudi Arabia have been transferred to a special tribunal for “terrorism”, activists said on Thursday after the women appeared in court. The ruling came at a hearing in Al-Ahsa, in the kingdom’s Eastern Province, according to the...
Submitted by Andrew Topf via OilPrice.com, The oil price drop that has dominated the headlines in recent weeks has been framed almost exclusively in terms of oil market economics, with most media outlets blaming Saudi Arabia, through...Show More Summary
Alstom executives won several billions of dollars worth of business in Saudi Arabia a decade ago by making at least $49 million (R567.5m) in illegal payments in part through middlemen the company called “Mr Paris” and “Quiet Man”. ||| Tom...Show More Summary
OPEC will not cut oil production even if the price drops to $20 a barrel and it is unfair to expect the cartel to reduce output if non-members do not, Saudi Arabia said."Whether it goes down to $20 a barrel, $40, $50, $60, it is irrelevant,"...Show More Summary
A car lives in this house. What is behind the recent sharp fall in gas prices? One idea is that Saudi Arabia, one of the world's largest petroleum producer and net exporter, is trying to break the back of the "shale oil revolution" (a PDF). Show More Summary
If you’ve had any doubts about the brutal nature of Saudi Arabia’s strategy...
MORALITY POLICE: When it comes to alcohol laws, Pennsylvania is about as close to Saudi Arabia as you can get in America.
By Wayne Cole SYDNEY (Reuters) - A holiday lull settled over Asian markets on Tuesday after Wall Street closed at historic highs while oil prices suffered a stinging setback after Saudi Arabia quashed all thought of curbing supply. A revival in risk appetite undermined the safe haven yen and kept the U.S. Show More Summary
By now, we've all heard that oil prices have plummeted over the last several months, which has made things tough for major energy-producing economies like Saudi Arabia and Texas. But it's great news for the average American consumerShow More Summary
Saudi Arabia won't give in on oil production, which could mean a continued drop in oil prices.
King of Saudi Arabia Apparently the Saudi government has passed a new law that prescribes a death sentences for those ‘smuggling’ in Bibles or other non-Muslim or even non-Sunni religious literature into the Muslim kingdom. For a long time it has been illegal to bring Bibles into Saudi Arabia. Usually customs agents have made […]
ABU DHABI, UAE- Saudi Arabia’s oil chief on Sunday dismissed allegations that his kingdom conspired to bring down oil prices in order to harm other countries and told a summit of Arab energy leaders that he was confident the market would stabilize. The kingdom, which is dependent on oil revenues, is able to weather lower […]
Crashing oil prices are bad news for energy-driven economies like Saudi Arabia, Russia and Nigeria, which rely on revenues to fund government spending. In recent years, all anyone's ever talked about in the US is the shale boom, sparked by developments in hydraulic fracturing technology. Show More Summary
Bayern Munich will take to their winter break with the kind of professionalism and sheer determination that has seen them walk to the top of the Bundesliga table, as they travel to Qatar and Saudi Arabia for training camps and friendly...Show More Summary
The Iran’s speaker of parliament said Monday his government was mindful of regional players working against Tehran in the global oil marketplace. Iran is trying to retool an economy stifled by Western economic sanctions and now the low price of oil, off about 45 percent from its June value. The price of oil Monday was […]
LONDON (Reuters) - Saudi Arabia convinced its fellow OPEC members that it is not in the group's interest to cut oil output however far prices may fall, the kingdom's oil minister Ali al-Naimi said in an interview with the Middle East Economic Survey (MEES). Show More Summary
By Simon Falush LONDON (Reuters) - Oil rose above $62 a barrel on Monday, mirroring gains in equities, as investors became confident there would be no further substantial price loss in the run-up to the new year. Saudi Arabia's powerful...Show More Summary
Hello! Here's what you need to know for Monday. 1. Oil-rich countries Saudi Arabia and the United Arab Emirates blamed the slump in oil prices on producers outside OPEC during an energy conference on Sunday and stood by the organisation's decision last month not to curb output. 2. Show More Summary