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Saudi Arabia

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  • 'Perfect storm' could send oil to $75, pro says Thursday, 2 Oct 2014 | 2:20 PM ET

    Oil continued its slide down Thursday, and two pros say they believe prices will continue to fall.

  • Oil heads to bear market as Saudis signal price war Thursday, 2 Oct 2014 | 1:19 PM ET
    Oil workers at an oil facility near Riyadh, Saudi Arabia.

    Oil could continue its deep slide, under new pressure from Saudi Arabia's decision to cut its selling price rather than cut production.

  • DUBAI/ RIYADH, Sept 30- The decision by Saudi Arabia and the United Arab Emirates to join air strikes in Syria reflects an increasingly muscular foreign policy by the Gulf Arab heavyweights that has already started to reshape the balance of power in the Middle East.

  • CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. The dollar stayed strong and the metals were mixed. Crude was up slightly, but the spread closed between WTI and brent crude.

  • *Insurgents' next steps will dictate Yemen, Hadi's fate. SANAA, Sept 24- President Abd-Rabbu Mansour Hadi has warned Yemenis their country is heading toward civil war after the takeover of the capital by Shi'ite Muslim rebels, a move that has allowed the insurgents to dictate terms to a weakened, fractured government.

  • *Big infrastructure projects pushing up spending. DUBAI, Sept 24- Saudi Arabia's state finances could fall into the red next year and the country could start running down its huge foreign reserves if it does not rein in the growth of government spending, the International Monetary Fund said.

  • Yemen president warns of civil war as factions collide Wednesday, 24 Sep 2014 | 10:40 AM ET

    SANAA, Sept 24- President Abd-Rabbu Mansour Hadi has warned Yemenis their country is heading towards civil war after the takeover of the capital by Shi'ite Muslim rebels, a move that has allowed the insurgents to dictate terms to a weakened, fractured government.

  • DUBAI, Sept 24- Saudi Arabia's economic growth eased to an annual 3.8 percent in the second quarter of 2014, the lowest rate in a year, because of a slowdown in the oil sector, official data showed on Wednesday.

  • Commodities Next Week: Silver hit hard     Friday, 19 Sep 2014 | 3:23 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets and looks ahead at where oil and precious metals are likely headed next week.

  • The next Alibaba could come from the Middle East Friday, 19 Sep 2014 | 8:00 AM ET

    The market is fixed on Alibaba's IPO, but there's another emerging middle class creating an e-commerce giant—and in the land of Ali Baba.

  • *Riyadh trains Syrian rebels, praised new Iraq govt. RIYADH, Sept 17- In its war against Islamic State in Iraq and Syria the United States wants strong public support from Saudi Arabia, the birthplace of Islam and champion of Arab Sunni Muslims.

  • US shouldn’t divulge IS combat plans: Saudi prince Thursday, 18 Sep 2014 | 5:42 AM ET
    Militant Islamist fighters on a tank take part in a military parade along the streets of northern Raqqa province June 30, 2014.

    Saudi Arabia's ex-head of intelligence has criticized U.S. anti-terrorism tactics, saying Obama was wrong to rule out troops in Syria and Iraq.

  • HRH Turki al Faisal, chairman at the King Faisal Center for Research and Islamic Studies, discusses the benefits of opening up the Saudi Arabia stock exchange and the opportunities in the country.

  • Why it's so hard to call the end of a drought Tuesday, 16 Sep 2014 | 1:58 PM ET

    Unlike a hurricane, tornado or snowstorm, the ends and beginning of droughts are very hard to predict.

  • DUBAI, Sept 16- The opening of Saudi Arabia's stock market to direct foreign investment early next year is set to coincide with a pick-up in earnings growth in the kingdom, which has lagged the region in the past few years.

  • JEDDAH, Saudi Arabia, Sept 15- As President Barack Obama knits together an international coalition to take its campaign against Islamic State from Iraq into Syria, fighters like Ammar al-Wawi could make the difference.

  • *SocGen, BTMU, Goldman set up sukuk programmes since June. Sept 14- Islamic bond programmes from a trio of big conventional banks are set to expand the boundaries of Islamic finance, helping open the market to first-time issuers while testing the banks' ability to win over industry purists.

  • Commodities Next Week: The slide continues     Friday, 12 Sep 2014 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets and looks ahead at where oil and precious metals are likely headed next week.

  • Big oil question: When—and if—output cuts will come Thursday, 11 Sep 2014 | 9:55 AM ET
    An oil drilling rig operated by Petroleos Mexicans (Pemex) off the coast of Ciudad del Carmen, Mexico.

    Traders are concerned that longer-term global growth will impact demand for crude oil. So will producers scale back?

  • S&P Energy down 3%     Wednesday, 10 Sep 2014 | 1:01 PM ET

    CNBC's Jackie DeAngelis reports what factors are pushing oil prices down.