Riyadh joins Shanghai Cooperation Organization as ties with Beijing grow
RIYADH, March 29 (Reuters) – Saudi Arabia’s cabinet approved on Wednesday a decision to join the Shanghai Cooperation Organization, as Riyadh builds a long-term partnership...
Saudi minister warns sanctions, underinvestment may cause energy shortages
DUBAI, Feb 5 (Reuters) – Saudi Energy Minister Prince Abdulaziz bin Salman warned on Saturday that sanctions and underinvestment in the energy sector could result...
Wall St gains over 1% after encouraging inflation data with Fed next
Nasdaq posts biggest January gain since 2001 U.S. labor cost growth slows in fourth quarter Exxon, UPS rise after results, Caterpillar slumps Fed decision on...
Oil drops in volatile trade, records biggest weekly slump in months
WTI, Brent slump over 10% for the week Steepest weekly decline since April in WTI, since Aug in Brent Market flips to contango, indicating weak...