Rolling coverage of the latest economic and financial news, as Brent crude drops by 1% this morning …
Oil falls as Saudi Arabia cuts selling prices – business live
Rolling coverage of the latest economic and financial news, as Brent crude drops by 1% this morning …
Investors are rushing to short oil as Saudi Arabia slashes crude prices and funds look poised to sell
Saudi Arabia slashed the price of its flagship crude to its lowest level in two years, with the price drop set to take effect in February.
Investors are rushing to short oil as Saudi Arabia slashes crude prices and funds look poised to sell
Saudi Arabia slashed the price of its flagship crude to its lowest level in two years, with the price drop set to take effect in February.
Saudi Arabia’s New HQ Mandate Lures Global Tech Giants, Amazon, Microsoft, Google To Follow
These reforms are part of Saudi Arabia’s vision to transform into a tourism and commercial hub, backed by plans for trillions of dollars in investment. The move will likely be a strategy to rival …
Oil falls on Saudi Arabia’s price cuts
Crude oil prices (BZ=F, CL=F) are falling Monday morning following price cuts on Saudi Arabian suppliers. Yahoo Finance Senior Reporter Jared Blikre observes the geopolitical pressures looming above …
Amazon, Microsoft and Google are opening Saudi Arabia HQ’s as kingdom tries to stop tech giants from working out of Dubai
Global technology giants including Amazon.com Inc., Alphabet Inc.’s Google and Microsoft Corp. are among firms working to ramp up their presence in Saudi Arabia amid pressure from the government, …
Germany will not oppose further Eurofighters for Saudi Arabia
Germany is prepared to allow further deliveries of Eurofighter jets to Saudi Arabia, German Foreign Minister Annalena Baerbock said on Sunday.
Saudi Arabia cuts Feb Arab Light crude price to Asia to 27-month low
Top oil exporter Saudi Arabia on Sunday cut the February price of its flagship Arab Light crude to Asian customers to the lowest level in 27 months, a company statement showed, amid competition from …
Nigeria signs MoU with Saudi Arabia on 2024 Hajj
Nigeria has signed a Memorandum of Understanding (MoU) with the Saudi Arabian authorities towards the smooth conduct of the 2024 Hajj. The Assistant …