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Saudi Arabia


  • Brent to average at $60 a barrel this year: Pro Sunday, 7 Jun 2015 | 10:35 PM ET
    Brent to average at $60 a barrel this year: Pro

    For 2015, the average price for Brent crude will likely be $61 a barrel, says Craig McMahon, head of APAC Research at Wood Mackenzie.

  • OPEC maintains oil output Friday, 5 Jun 2015 | 11:00 AM ET
    OPEC maintains oil output

    Neil Atkinson, head of analysis at Lloyd's List Intelligence, discusses OPEC's decision to maintain oil production levels.

  • Could OPEC be ready for a production hike? Friday, 5 Jun 2015 | 3:01 AM ET
    Iraq oil

    Two different oil ministers from OPEC have suggested the cartel could raise its production target.

  • OPEC needs 'unanimity' for oil progress Wednesday, 3 Jun 2015 | 4:40 AM ET
    OPEC needs 'unanimity' for oil progress

    Charles Whall, portfolio manager at Investec Asset Management Global Energy Fund, explains why there's "no discipline within OPEC" and if it chooses to do nothing, price volatility will continue.

  • Why June could be a turning point for markets Monday, 1 Jun 2015 | 4:59 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Even beyond talk of a "June swoon," an unusual number of major events makes this month a critical time for markets.

  • Will OPEC maintain production policy? Monday, 1 Jun 2015 | 11:15 AM ET
    Will OPEC maintain production policy?

    Gareth Lewis, senior oil strategist at BNP Paribas, looks forward to this week's OPEC meeting.

  • *Crops grow from Gulf to Russia in advanced greenhouses. AMSTERDAM, May 28- From the rooftops of Amsterdam to the expanses of Kazakhstan, Dutch technology is helping food producers to meet the needs of both gourmets and growing populations facing uncertain supplies. One of the most densely populated countries in the world, the Netherlands has long learnt to...

  • Will more weapons help Iraq to fight ISIS? Monday, 25 May 2015 | 7:45 PM ET
    Will more weapons help Iraq to fight ISIS?

    His Royal Highness Prince Khaled bin Alwaleed explains why the U.S. strategy of supplying more weapons to the Iraqi forces isn't the solution to ensure Iraq's stability.

  • Saudi Prince Alwaleed: Lessons from my father Monday, 25 May 2015 | 6:31 PM ET
    Saudi Prince Alwaleed: Lessons from my father

    Speaking to CNBC at the World Economic Forum in Jordan over the weekend, His Royal Highness Prince Khaled bin Alwaleed, discusses the influence of his father, Prince Talal bin Abdulaziz.

  • NEW YORK, May 22- As the United States raced over the past five years toward becoming a global petroleum powerhouse, the world's biggest oil exporter Saudi Arabia quietly seized a market milestone from America: the largest source of peak summer demand. From June through August, when temperatures in Riyadh routinely rise above 100 degrees Fahrenheit, Saudi...

  • Saudi Arabia plans to phase out fossil fuels Thursday, 21 May 2015 | 8:27 PM ET

    Saudi Arabia, the world's largest crude exporter, could phase out the use of fossil fuels by the middle of this century. The Financial Times reports.

  • *Front month U.S. crude was up 8 cents at $59.51 a barrel at 0018 GMT, after finishing down 26 cents in the previous session. *Global crude oil prices are not expected to fall in the second half of 2015, Kuwait's OPEC governor said on Monday, and any surplus supply was due to shale producers rather than OPEC. *Crude output by OPEC member Algeria will rise by at least 32,000...

  • Balance of power in Middle East: Isaacson Friday, 15 May 2015 | 7:51 AM ET
    Balance of power in Middle East: Isaacson

    Walter Isaacson, Aspen Institute CEO, provides perspective on President Obama's meeting with Persian Gulf leaders over concerns about talks the United States is having with Iran.

  • Too early for Saudi to declare oil victory: Expert Thursday, 14 May 2015 | 3:59 PM ET
    A worker stands at a pipeline, watching a flare stack at the Saudi Aramco oil field complex facilities at Shaybah in the Rub' al Khali ('empty quarter') desert in Shaybah, Saudi Arabia.

    While the number of rigs operating is down more than 50 percent, oil production in the U.S. actually upticked last week, John Kilduff said.

  • Saudi oil victory lap? Thursday, 14 May 2015 | 2:09 PM ET
    Saudi oil victory lap?

    Insight to Saudi Arabia's impact on oil prices, with John Kilduff, Again Capital, and Leo Mariani, RBC Capital Markets.

  • Yemen crisis: End in sight? Tuesday, 12 May 2015 | 9:05 AM ET
    A Houthi fighter at the site of an air strike at a residential area near Sanaa Airport in Yemen, March 26, 2015.

    After weeks of U.S-backed strikes against rebels in Yemen, a ceasefire has been agreed. We recap the events leading to this point.

  • Here’s why Iran and Iraq should worry OPEC Tuesday, 12 May 2015 | 6:01 AM ET
    Oil Iraq OPEC

    The only languages that really count at this summer's OPEC meeting will be Arabic, Farsi, Kurdish and money.

  • Saudi’s US snub about this: Former ambassador Monday, 11 May 2015 | 5:22 PM ET
    Saudi new King Salman (R) meets with US President Barack Obama at the Erga Palace in the capital Riyadh on January 27, 2015.

    “This has been a slow moving train wreck over several years,” said Robert Jordan, former U.S. ambassador to Saudi Arabia.

  • $100 oil not entirely off the table: Strategist Monday, 11 May 2015 | 3:44 PM ET
    A worker walks at Nahr Bin Umar oil field, Iraq, Nov. 23, 2014.

    OPEC may think that oil will stay under $100 a barrel for the next decade but two pros say this is what can push crude back to that level.

  • Saudi King snubs Obama Monday, 11 May 2015 | 3:27 PM ET
    Saudi King snubs Obama

    The new king of Saudi Arabia has decided not to attend a summit at the White House and Camp David this week. Insight, with Robert Jordan, former Ambassador to Saudi Arabia.