Saudi Arabia
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The UAE and Saudi Arabia big drivers for the InterContinental Hotels Group, the world's largest hotel by number of rooms. Richard Solomons, the firm's CEO, discusses the drivers of regional demand, and why Africa is not on his priority list.
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Kenneth Heebner, Capital Growth Management, and Richard Berg, Performance Trust Capital Partners, discuss the outlook on stocks, oil, housing, and the best way to invest in this market. Also, CNBC's Sharon Epperson reports on today's oil spike and rumors of a Saudi pipeline explosion.
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The “Fast Money” pros weren’t concerned that the effect of a Saudi pipeline explosion - false, as it turns out - would last.
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The update on oil's surge on rumors of a pipeline explosion in Saudi Arabia, with the Fast Money crew. Also, two super-bullish reports out today calling for the S&P to hit 1700 later this year, driven by fundamentals. Are the catalysts in place to push the S&P to those levels? Discussing the oil & gas boom; improving outlook on housing, and the dip in unemployment, with the Fast Money traders. And, checking the charts to see if technical indicators support the bullish outlook, with Jeff Weiss, Tejas Securities technical analyst.
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The leaders of OPEC are "sitting around their table, setting the price of oil and laughing at us because we have no leadership," real estate mogul Donald Trump told CNBC Tuesday.
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CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks ahead to where oil and precious metals are likely headed next week.
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The world’s top oil exporter, Saudi Arabia, appears to have cut both its oil production and export in December, according to the latest update by the Joint Organizations Data Initiative (JODI), an official source of oil production, consumption and export data.
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CNBC's Bertha Coombs discusses the day's activity in the commodities markets and looks ahead to where oil and precious metals are likely headed next week.
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CNBC's Sharon Epperson discusses the day's activity in the commodities markets and explains why gas prices could hit $5/gallon this summer.
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China is scouring the world for alternative oil supplies to replace a fall in its imports from Iran, as it seeks to negotiate lower prices from Tehran, and has been drawing heavily on Saudi Arabia.
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Former Gov. Bill Richardson, (D-NM) says Iran has put itself in a box and is in a situation where the country may continue to suffer. Richardson says there is huge turmoil in the region and discusses what the pressure in the Middle East will mean for surrounding countries.
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An "element of fear" over Iran is playing into the price of oil despite higher supply and decreasing demand, Saudi Prince Alwaleed bin Talal al Saud told CNBC Monday.
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Prince AlWaleed bin Talal, Kingdom Holding Company chairman, explains why the U.S. should engage in talks with Iran. He also shares his view on China and Europe's economic growth.
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Iran has indicated that its threat to cut oil supplies to European states in order to pre-empt a European Union oil embargo that comes into effect in July may be only a symbolic one.
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A series of tit-for-tat statements between Iran and the European Union showed no signs of abating on Saturday, with the Iranian Oil Minister saying that oil exports “will certainly be cut to some European countries.”
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CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks ahead to where oil, natural gas and precious metals are likely headed next week.
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The tensions over Iran and threats from the West to apply sanctions on Iranian oil will see crude prices facing more of an upside risk in the near future, a commodities analyst told CNBC.
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CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks ahead to where oil and precious metals are likely headed next week.
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Oil prices are holding above that $100 a barrel level, but concerns over Iran's threat to close the Strait of Hormuz is spooking investors, with CNBC's Jackie DeAngelis.
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A senior Iranian official on Tuesday delivered a sharp threat in response to economic sanctions being readied by the United States, saying his country would retaliate against any crackdown by blocking all oil shipments through the Strait of Hormuz, a vital artery for transporting about one-fifth of the world’s oil supply.
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CNBC's Sharon Epperson discusses activity in the commodities markets and looks ahead to where oil and precious metals are likely headed next year.