Saudi Arabia


  • TOKYO, March 31- Asian purchases of Iranian crude fell by a quarter in February from a year ago, led by big drops in India and South Korea, although the future of Tehran's oil exports remains murky as it and six world powers race to reach a preliminary nuclear deal. Imports by Iran's four biggest buyers- China, India, Japan and South Korea- though down on-year, bounced...

  • DUBAI, United Arab Emirates— Saudi Arabia has undertaken several initiatives to attract foreign capital outside of its oil and gas sector, the deputy governor of the kingdom's investment authority said Monday. Prince Saud spoke to The Associated Press on the sidelines of the fifth Annual Investment Meeting held in Dubai, United Arab Emirates.

  • No to ceasefire, Yemen's ousted president says Saturday, 28 Mar 2015 | 4:51 PM ET
    Shi'ite Muslim rebels hold up their weapons during a rally against air strikes in Sanaa March 26, 2015.

    Yemen's ousted president Abd-Rabbu Hadi vetoed calls for a ceasefire, backing air strikes by a Saudi Arabia- led coalition, the FT reported.

  • *Success would establish Riyadh as leader of Sunni states. RIYADH, March 27- Saudi Arabia's campaign to stop the Houthis from ruling over Yemen could define its role in the Middle East for years and shape its regional struggle with the rebels' ally Iran. Success would establish Riyadh as de facto leader of the region's Sunni states it has pulled together in a...

  • Are oil prices all about Saudi Arabia?   Friday, 27 Mar 2015 | 12:00 PM ET
    Are oil prices all about Saudi Arabia?

    Kerry Craig, market strategist at JP Morgan Asset Management, talks about the current crisis in Yemen and how oil and Saudi Arabia are involved in it.

  • Oil selloff short-term, headed into $60 by Q3: Pro   Friday, 27 Mar 2015 | 10:02 AM ET
    Oil selloff short-term, headed into $60 by Q3: Pro

    Discussing global markets and supply risks in oil, related to activity in Yemen, with Richard Mallinson, Energy Aspects.

  • More airstrikes spark chaos in Yemen   Friday, 27 Mar 2015 | 6:24 AM ET
    More bombings spark chaos in Yemen

    CNBC's Hadley Gamble reports on the aftermath of another round of Saudi-coalition air strikes in Yemen.

  • Conflict in Yemen: Latest Report   Friday, 27 Mar 2015 | 5:00 AM ET
    Conflict in Yemen: Latest Report

    War planes have reportedly struck an air force base a few kilometers from an oil field in Yemen. CNBC's Hadley Gamble discusses the latest developments.

  • Is Yemen another Middle East proxy war?   Thursday, 26 Mar 2015 | 11:11 PM ET
    Is Yemen another Middle East proxy war?

    Yeme's current political conflict can be linked to escalating tensions between Iran and Saudi Arabia, says Jonathan Pain, author of the Pain Report.

  • Will the Saudi-led operation in Yemen work?   Thursday, 26 Mar 2015 | 9:22 PM ET
    Will the Saudi-led operation in Yemen work?

    Jason Feer, Head of Business Intelligence at Poten & Partners, says Saudi Arabia and its allies are prepared to do everything they can to stop the advancement of Houthi militants.

  • Cramer Remix: I'm making a call on oil unrest Thursday, 26 Mar 2015 | 7:13 PM ET
    Jim Cramer on the set of Mad Money

    “Mad Money” host Jim Cramer is eyeing the Middle East’s impact on oil.

  • Cramer: Yemen unrest impacts oil like never before Thursday, 26 Mar 2015 | 6:40 PM ET
    People watch as a vehicle that belonged to Shi'ite Muslim rebels burns during clashes in Aden, Yemen, March 26, 2015.

    Jim Cramer sees that Saudi Arabia's launch of military operations in Yemen will have a different impact on oil prices.

  • Dollar rallies, traders revisit bullish bets Thursday, 26 Mar 2015 | 4:48 PM ET

    The dollar was on track for its biggest one-day gain against the euro in a week on Thursday after traders reestablished bullish bets on the greenback.

  • *Iran denounces strikes, Russia calls for "immediate ceasefire". NEW YORK, March 26- Oil jumped about 5 percent on Thursday, the biggest daily gain in a month, as air strikes in Yemen by Saudi Arabia and its Gulf Arab allies sparked fears that escalation of the Middle East battle could disrupt world crude supplies. The Saudi military operation against the Iran- backed...

  • Oil heading higher? Energy stocks don’t think so Thursday, 26 Mar 2015 | 4:24 PM ET
    An oil well in the Permian Basin is shown in Garden City, Texas, Feb. 5, 2015.

    Even as crude oil surges, energy stocks actually dipped on Thursday. What's behind the divergence?

  • Shia-Sunni disagreement, the real problem: Moors   Thursday, 26 Mar 2015 | 4:18 PM ET
    Shia-Sunni disagreement, the real problem: Moors

    Kent Moors, Global Energy Symposium, discusses the effect on oil prices from Saudi Arabia going to war in Yemen.

  • What's on the calendar Friday?   Thursday, 26 Mar 2015 | 3:30 PM ET
    What's on the calendar Friday?

    CNBC's Patti Domm discusses what the market is expecting in anticipation to Friday's report.

  • *Iran denounces strikes, Russia calls for "immediate ceasefire". NEW YORK, March 26- Oil jumped about 5 percent on Thursday, rallying a second straight day, after air strikes in Yemen by Saudi Arabia and its Gulf Arab allies sparked fears of a bigger Middle East battle that could disrupt world crude supplies. Pakistan, a Riyadh ally far away from the conflict, promised a "...

  • What another war in the Middle East means Thursday, 26 Mar 2015 | 2:56 PM ET

    Americans "need to understand just how important a threat Yemen can be," says one analyst.

  • Don't worry much about Yemen conflict : Oil analyst Thursday, 26 Mar 2015 | 12:39 PM ET
    An armed man gestures as he stands on the rubble of houses destroyed by an airstrike near Sanaa Airport in Yemen, March 26, 2015.

    Yemen is but a small producer of crude, so investors should not be overly concerned about the conflict, Francisco Blanch of Bank of America Merrill Lynch told CNBC.