Qatar Is Trying To Mend Relationships With Its Gulf Neighbors
A late-night agreement in Riyadh appears to have resolved the diplomatic spat between Qatar and its GCC partners, opening up the possibility of more diplomatic coordination and greater unity.Yesterday,...
View ArticleISIS Now Has A Point Man Recruiting Fighters In Pakistan
An Afghan man once detained in Guantanamo for three years is now leading efforts in northern Pakistan to recruit fighters for ISIS, according to US officials who spoke with The Weekly Standard.Abdul...
View ArticleWhether It Gets The Bomb Or Not, Iran Is Causing A Regional Nuclear Arms Race
While the purpose of multilateral negotiations with Iran is to reduce proliferation concerns, successful talks may in fact accelerate nuclear plans in the Gulf states and Jordan.In April 2009, King...
View ArticleWhy The Saudis Actually Like It When The Price Of Oil Plummets
Riyadh - OPEC's biggest crude producer Saudi Arabia will have its sights set on the upstart US shale oil business at a crucial cartel meeting to debate possible output cuts on Thursday.Analysts say the...
View ArticleAl Qaeda Just Released Its Official Biography Of A Notorious American Jihadist
A Twitter account linked to al Qaeda in the Arabian Peninsula (AQAP) today posted a biography of slain AQAP operative Samir Zafar Khan, founder of the terror organization's English-language Inspire...
View ArticleQatar And The US Are Training Anti-ISIS Fighters At A Secret Desert Base
Qatar, with help from the US, is training Syrian rebels at a base in the desert to fight President Bashar Assad's forces and the Islamic State group, Reuters reported Wednesday.Most of the rebels...
View ArticleShopping With Saudi Princesses And Jailbreaking iPhones: All Part Of The Job...
No figure in the hospitality industry mystifies me more than the hotel concierge. They have to know everything and anything, do anything and everything and keep perfectly pleasant and positive even...
View ArticleOil Price Plunge Casts Doubt On OPEC Supply Cut
Oil prices fell on Thursday ahead of a major meeting of OPEC members to decide on whether to cut production in the face of sharp price falls in the commodity over recent months.The latest falls are...
View ArticleFor Some Nations, Saudi Arabia's Oil Price War Is An Existential Threat
Saudi Arabia is risking the economic health of weaker oil producing nations in its fight to see off the threat of the US shale boom.Oil prices have fallen by over 30% since June and appear to be...
View ArticleSaudi Arabia Is Comfortable With Lower Oil Prices, But Not For Long
Saudi Arabia is widely believed to have been the major reason why OPEC elected not to cut oil production at its key meeting on Thursday. The news sent oil prices tumbling, with both Brent and WTI crude...
View ArticleFor Some Nations, Saudi Arabia's Oil Price War Is An Existential Threat
Saudi Arabia is risking the economic health of weaker oil producing nations in its fight to see off the threat of the US shale boom.Oil prices have fallen by over 30% since June and appear to be...
View ArticleAn OPEC Minister Made A Surprising Statement About Who Controls Oil Prices
Remember when OPEC was a cartel that attempted to stabilize oil prices by manipulating its production?No longer.Saudi Arabian Minister of Petroleum Ali Al-Naimi made a surprising statement at a UN...
View ArticleSaudi Arabia's Oil Strategy Is About More Than Destroying The US Shale Business
Saudi Arabia may not be aiming at the US in its hands-off policy toward falling oil prices. At a panel discussion Wednesday hosted by the Overseas Press Club and Control Risks (the latter a global risk...
View ArticleSaudi Arabia Can't Afford To Have Oil Prices This Low For Very Long (USO)
Saudi Arabia is playing it close to the chest. In a new note, RBC Capital Markets analyst Helima Croft takes a look at both the fiscal and external breakeven crude-oil prices for countries across the...
View ArticleHere's How Much Oil The World's Biggest Oil Players Are Sitting On
This chart from RBC Capital Markets' Helima Croft shows the proven oil reserves for the biggest oil-producing countries around the world. Despite Saudi Arabia's huge reserves, RBC writes that "a policy...
View ArticleSaudi Arabia Is Still Hoping The Oil Market Will Stabilize Itself
Saudi Arabia said Sunday it would not cut output to prop up oil markets even if non-OPEC nations did so, in one of the toughest signals yet that the world's top petroleum exporter plans to ride out the...
View ArticleThe Oil Crash Is Expected To Cause A $38.6 Billion Deficit In Saudi Arabia's...
Riyadh (AFP) - Saudi Arabia, the world's largest crude exporter, on Thursday announced a 2015 budget with a huge $38.6 billion deficit due to the sharp decline in oil prices but still raised spending.A...
View ArticleREPORT: The $500 Billion Saudi Stock Exchange Is About To Open To Foreign...
The Saudi stock will open up to foreign investors for the first time in its history this April, according to three Bloomberg sources. The long-awaited liberalization was announced in the summer, but...
View ArticleSaudi's King Abdullah Has Been Hospitalized
DUBAI (Reuters) - Saudi Arabia's elderly King Abdullah bin Abdulaziz was admitted to a hospital in Riyadh on Wednesday for medical tests, state media reported on Wednesday, citing a royal court...
View ArticleSaudi King Abdullah's Health Could Be A Game-Changer For Oil Policy
Saudi Arabia's 91-year-old king, King Abdullah bin Abdulaziz, is in the hospital for "medical checks" in Riyadh, according to Al Jazeera America. This isn't super surprising. King Abdullah's health has...
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