Saudi Arabia – Page 21 – THE OVAL CIRCLE

Who will blink first? Russia in better position to win oil price standoff with Saudi Arabia

Posted on March 10, 2020March 10, 2020By Editor

Riyadh’s actions in the oil market could be a grave miscalculation and will definitely backfire, but they will not make Moscow dance to its tune, analysts have told RT. … Read More >Who will blink first? Russia in better position to win oil price standoff with Saudi Arabia

USA

US Energy Department Accuses ‘State Actors’ of Trying to Manipulate, Shock Oil Markets

Posted on March 10, 2020March 10, 2020By Editor

The United States will withstand attempts by “state actors” to manipulate oil markets, Energy Department spokeswoman Shaylyn Hynes said in a statement. Earlier, US crude prices suffered a 25 percent drop on fears of a glut sparked by a battle for market share between major oil producers Saudi Arabia and Russia. … Read More >US Energy Department Accuses ‘State Actors’ of Trying to Manipulate, Shock Oil Markets

Business

The winners & losers of the Saudi-Russia oil price war

Posted on March 9, 2020March 9, 2020By Editor

While neither Moscow nor Riyadh want to see oil trading at record lows, their failure to agree on how to boost the market has led to an all-out price war. The only question is who will benefit most from the situation. … Read More >The winners & losers of the Saudi-Russia oil price war

Business

Stocks Plunge Over Double-Threat of Crashing Crude Prices and Coronavirus-Driven Recession Fears

Posted on March 9, 2020March 9, 2020By Editor

Earlier on Monday oil futures tanked after the OPEC + talks to agree on a collective production cut failed, effectively abolishing oil output restrictions, followed by Saudi Arabia’s decision to pump more oil. … Read More >Stocks Plunge Over Double-Threat of Crashing Crude Prices and Coronavirus-Driven Recession Fears

Middle East

Top Saudi royals ‘arrested for plotting with Americans against King,’ Western media say. What’s happening in oil-rich kingdom?

Posted on March 8, 2020March 8, 2020By Editor

Saudi Arabia’s crown prince has had his relatives arrested for plotting a coup against him and King Salman with the help of “foreign powers, including the Americans,” Western media claim. RT asked Middle East analysts to weigh in. … Read More >Top Saudi royals ‘arrested for plotting with Americans against King,’ Western media say. What’s happening in oil-rich kingdom?

Business

Saudi Arabia’s oil exports dropped 11% in 2019

Posted on February 19, 2020February 19, 2020By Editor

Saudi Arabia’s oil exports dropped by 10.75 percent year on year in 2019, according to data from the Joint Organisations Data Initiative (JODI), as carried by local news outlet Mubasher. … Read More >Saudi Arabia’s oil exports dropped 11% in 2019

Business

Russia and Saudi Arabia fight for share of India’s huge oil market

Posted on February 14, 2020February 14, 2020By Editor

Russia has put India on top of its priority list as it looks to ramp up crude exports and expand its downstream presence. … Read More >Russia and Saudi Arabia fight for share of India’s huge oil market

Middle East

H5N8: Saudi Arabia reports outbreak of HIGHLY pathogenic bird flu virus

Posted on February 4, 2020February 4, 2020By Editor

An outbreak of a particularly contagious bird flu virus has been reported in Saudi Arabia, the World Organization for Animal Health (OIE) warns, as the world struggles to contain the spread of a deadly China coronavirus. … Read More >H5N8: Saudi Arabia reports outbreak of HIGHLY pathogenic bird flu virus

Middle East

Saudi Arabia sentences 5 people to death over the murder of journalist Jamal Khashoggi

Posted on December 23, 2019December 23, 2019By Editor

A Saudi court has handed death sentences to five suspects charged in connection to the gruesome murder of journalist Jamal Khashoggi. Three others have received lengthy prison terms for their roles in the killing. … Read More >Saudi Arabia sentences 5 people to death over the murder of journalist Jamal Khashoggi

USA

Nearly 175 Saudi aviation students grounded after Pensacola base shooting

Posted on December 11, 2019December 11, 2019By Editor

Some 175 Saudi Arabian military aviation students have been grounded in a “safety stand-down,” just days after Saudi Air Force lieutenant Mohammed Alshamrani shot and killed three sailors at Pensacola Naval Air Station. … Read More >Nearly 175 Saudi aviation students grounded after Pensacola base shooting

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