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Saudi Arabia

Russia and Saudi Arabia against ‘politicized’ oil prices – Lavrov
Moscow and Riyadh both want to see oil prices react to market forces, and not to geopolitical muscle flexing, Russian Foreign Minister Sergey Lavrov, said Friday.

21.11.2014 11:56

‘OPEC can easily decide to do nothing about oil prices’
There are three possible outcomes to the OPEC meeting: either they leave the situation as it is, or stick to a 30 million barrel per day ceiling, or cut oil production, Stuart Elliott, Senior Managing Editor of Europe & Africa Oil News, told RT.

20.11.2014 13:10

‘Global economy will benefit from oil price decline’
If OPEC fails to take a unified approach on stabilizing oil prices the global economy will be the biggest winner because oil prices will continue to fall, Fred Beach, of the University of Texas at Austin, told RT.

20.11.2014 12:16

Times Square gets North America’s biggest, most expensive billboard (PHOTOS)
A digital billboard the length of a football field is coming to Times Square in New York City, making it the biggest, brightest, and most expensive advertising space anywhere in North America.

18.11.2014 01:56

Co-conspirator of 9/11 attacks says Saudi prince financed operation
A former self-described Al-Qaeda collaborator serving a life sentence in prison now says he wants to testify in court about what he claims to know about a Saudi Arabian prince’s alleged role in financing the September 11, 2001 terrorist attacks.

17.11.2014 17:37

Brent tumbles below $80 threshold as OPEC surplus continues
Brent crude continues its downward spiral, dipping below $80 per barrel, an important benchmark for global oil supplies, as the Organization of Petroleum Exporting Countries (OPEC) continues to resist cutting production with prices reaching 4-year lows.

13.11.2014 07:41

Cash for contacts: Tony Blair's illicit Saudi oil dealings spark outrage
Former UK Prime Minister Tony Blair has signed a multimillion pound contract with a Saudi Arabian oil company to broker secret deals on the firm’s behalf with Chinese state officials, it has emerged.

10.11.2014 12:23

Saudi Arabia mulls women’s right to drive - but only for over-30s ‘without make-up’
The formal advisory body of Saudi Arabia, known as the Shura Council, has taken the rare step of recommending to the country’s absolute monarchy that it grant women the right to drive – but with some bizarre conditions.

08.11.2014 11:19

Millions of Shias worldwide celebrate Ashura, events marred by violence (GRAPHIC IMAGES)
A string of bombings and shootings marred the Ashura celebrations across the Muslim world – the main Shia holiday during which believers impassionedly gash their bodies with swords to show their grief for the suffering of Imam Hussein.

04.11.2014 13:37

Saudi Arabia is shooting itself in the foot by executing Shiite cleric
The House of Saud’s plans to execute a revered Shiite cleric and protest leader reveal the extent to which the regime is vulnerable and desperate to perpetuate itself. Going ahead with the execution would be strategic miscalculation.

29.10.2014 12:33

‘US shale oil exploration led to low oil prices, market shakeup’
Falling oil prices embarrass and make life difficult for countries that depend on oil exports, including Russia and Venezuela, and the US would enjoy making life difficult for them, economist Richard Wolff told RT.

24.10.2014 07:19

‘Source of all evil’: Top Saudi cleric slams Twitter
In the latest attack against Twitter in Saudi Arabia, the Gulf state's leading cleric criticized Twitter as "the source of all evil and devastation," triggering a social media firestorm.

22.10.2014 09:31