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Saudi Arabia

oil-price-L-reuters

Oil crisis? Here is how Saudi Arabia plans to shake up its economy

14/04/2016(0)
In late February, several hundred Saudi officials, company executives and foreign consultants gathered in a luxury Riyadh hotel to discuss how Saudi Arabia’s economy could survive an era of ... Read More
doha-qatar

Can A Divided OPEC Agree On Anything In Doha?

06/04/2016(0)
Only two weeks remain until the fated meeting between the OPEC countries and their counterparts from outside the organization, scheduled to take place in the Qatari capital of Doha ... Read More
Worker grabs a nozzle at a petrol station in Tehran

Looming gasoline glut pulls down global crude oil prices

05/04/2016(0)
Oil prices dropped for a third session on Tuesday, as weakening demand for gasoline and persistent doubts on whether crude producers will be able to reach an agreement to ... Read More
saudi-arabia

Biggest Ever Saudi Overhaul Targets $100 Billion of Revenue

04/04/2016(0)
Levies on expats, energy, luxury goods, sugary drinks seen Plan is to boost non-oil revenue to balance budget by 2020 The biggest economic shake-up since the founding of Saudi ... Read More
Pump jack and pipes are seen on an oil field near Bakersfield on a foggy day, California

Oil Drops After Saudis Say Will Freeze Output Only If Iran Joins

04/04/2016(0)
Will boost sales if others lift output: Deputy crown prince Russian production expands to set post-Soviet high in March Oil extended declines after Saudi Arabia’s deputy crown prince said ... Read More
saudi arabia

Saudi Arabia and UAE government bank deposits fall

31/03/2016(0)
Government bank deposits continued to fall in Saudi Arabia and the UAE last month, as the low oil price hits the balance sheets of lenders in both countries. In ... Read More
Oil-Price-Fell

Iran Said to Attend Doha Talks Without Joining Oil Freeze

30/03/2016(0)
All OPEC members except Libya now scheduled to attend talks Russia will join meeting while Argentina, Brazil declined Iran will attend talks with fellow OPEC members and Russia in ... Read More
Pump jack and pipes are seen on an oil field near Bakersfield on a foggy day, California

Oil prices fall 3 percent as investors focus again on glut

30/03/2016(0)
Oil prices fell about 3 percent on Tuesday, reflecting growing concern that a two-month rally was fading as demand fails to keep up with swelling global supply, including new ... Read More
High-gas-prices

Low Oil Prices Forcing Saudi Arabia To Modernize Economy

28/03/2016(0)
The collapse in oil prices is forcing Saudi Arabia to undertake some deep and fundamental changes to its economy, reforms that no amount of browbeating from organizations like the ... Read More
crude

OPEC expects upsurge in oil prices with or without Iran

23/03/2016(0)
Crude prices will rise to a “moderate level” even if Iran joins the Russian-Saudi production freeze at a later date, predicts the Organization of the Petroleum Exporting Countries (OPEC). ... Read More
Broker Cyprus TopFX