Lebanese authorities have detained a pro-Hezbollah singer over some of his songs, including one that calls Saudi Arabia a “terrorist,” judicial officials and his father said Tuesday. Ali Barakat became known last year after releasing songs related to Syria’s civil war, including one about the opposition stronghold of Yabroud that was captured earlier this year […]
Who could have seen this coming? With oil prices holding at 4-year lows, heavily pressuring around half of US shale production economics, the "secret" US deal (see here and here) with Saudi Arabia to crush Russia via oil over-supply in a slumping demand world appears to be backfiring rapidly for John Kerry and his strategery team. Show More Summary
Saudi Arabia’s oil minister said crude prices will stabilize while the United Arab Emirates said OPEC will do what it takes to balance the market. Angola predicted the 12-nation group will reach a consensus when it meets tomorrow. The “market will stabilize itself,” Ali Al-Naimi, the Saudi minister, told reporters in Vienna today. The world’s […]
The last time that U.S. oil drillers got caught up in a price war orchestrated by Saudi Arabia, it ended badly for the Americans. The post Oil Bust of 1986 Reminds U.S. Drillers of Price War Risk appeared first on gCaptain Maritime & Offshore News.
By Alex Lawler and Amena Bakr VIENNA (Reuters) - OPEC leader Saudi Arabia signaled on Wednesday it was unlikely to push for a major change in oil output at the producer group's meeting this week, a day after Russia refused to cooperate in any production cut. Show More Summary
There has been a lot of discussion lately about what women in Saudi Arabia must wear when they are out in public. That traditionally black cloak worn over her clothing that hides the female form is called the abaya, and lately there have been heated discussions about whether colored abayas should be permitted or not. Show More Summary
Yves here. This development, of Qatar potentially falling in line with Saudi Arabia, would represent a meaningful shift in Middle Eastern dynamics. But whether this is the beginning of the end of ISIS, or of the "holy oil war," is another matter. Show More Summary
Saudi Arabia's National Society for Human Rights (NSHR) has asked several restaurant owners in the country to take down signs banning single women (women without a husband or male guardian) from their eateries. Apparently restaurant owners felt these women were behaving in an utterly "shocking" manner. Read more...
Russian President Vladimir Putin suggested that Saudi Arabia and the United States were trying to weaken the Russian economy by churning out a lot more oil than demand required, dropping the global price. The post Dropping Oil Prices And Sanctions Are Hurting Russia To The Tune Of $140 Billion appeared first on ThinkProgress.
While Americans have been enjoying cheap gas during recent weeks, the falling price of oil may have bleak implications for the state of Texas. In an effort to push Texas out of the worldwide energy market space, Saudi Arabia has inundated the U.S. Show More Summary
(Reuters) - Crude oil futures extended their losses on Tuesday after Venezuela said officials at a meeting with Saudi Arabia's oil minister did not agree on any output cut. Saudi Arabian Oil Minister Ali al-Naimi met with his counterparts...Show More Summary
Following the four-way pre-OPEC meeting between Russia, Mexico, Venezuela, and Saudi Arabia, Venezuela's foreign minister warned: NO AGREEMENT ON OUTPUT REDUCTION AT 4-WAY MEETING: RAMIREZ And oil prices slipped notably. "The most important thing is we are talking," Ramirez noted... Show More Summary
Saudi Arabia is cracking down on citizens who criticize the regime on Twitter, by using a vague law to prosecute them. Human Rights Watch reports that three lawyers were convicted of criticizing the justice ministry, and were sentenced to terms of between five and eight years in prison. Show More Summary
By Rania El Gamal and Amena Bakr VIENNA (Reuters) - Russia's most powerful oil official, Igor Sechin, was due in Vienna on Tuesday for talks with OPEC members as the group's leader Saudi Arabia kept the market guessing about its response to flagging oil prices. Show More Summary
Single women apparently cause "several social issues." Some restaurants in Saudi Arabia have recently banned single women. According to Gulf News, restaurateurs have posted signs saying "women not allowed" on the front of their restaurants to prevent women not accompanied by a male chaperone from dining at their establishments. Show More Summary
An extremely sophisticated computer spying program called Regin has been spying on computers in Saudi Arabia, Russia, and other countries since at least 2008, security company Symantec says.
Credits: FAYEZ NURELDINE/AFP/Getty Alt Text: Saudi women leaving a shop in Riyadh 'Mentally unstable' women who flirt and smoke barred from eateries unless they have a chaperone One-Minute Read Monday, November 24, 2014 - 2:36pm SeeShow More Summary
Almost half the people beheaded in Saudi Arabia this year were caught smuggling drugs.
While OPEC has been mostly irrelevant in the past 5 years as a result of Saudi Arabia's recurring cartel-busting moves, which have seen the oil exporter frequently align with the US instead of with its OPEC "peers", and thanks to central...Show More Summary
Technology services provider QinetiQ subsidiary OptaSense and its partner TAQQAT Global of Abdulla Fouad Group have received a $12m contract to deliver security monitoring for two rail lines from Dammam to Riyadh, Saudi Arabia.