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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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.
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Saudi billionaire Prince Alwaleed bin Talal and his investment company say they are investing a combined $300 million in Twitter.
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CNBC's Mary Thompson 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 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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Now that the "Arab Spring" is turning into the "Arab Winter" the former prime minister writes, "the challenge emerging from the changes taking place is so big that we had better put in place a common Western strategy or we'll find that national approaches are totally irrelevant to shape events there."
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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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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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T. Boone Pickens discusses his outlook for energy and how easy it is for the United States to develop its own energy and the benefits of getting off of OPEC's oil.
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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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Sabine Schels, senior director and global commodity strategist at BofA Merrill Lynch Global Research, told CNBC that a combination of low inventories and continued liquidity provisions from central banks were keeping oil prices high despite low growth in Europe.
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CNBC's Brian Shactman 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 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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The death of Saudi Arabia’s Crown Prince Sultan brings into play the system for choosing a new heir to the country's throne, and as one of most high-profile governments still resisting changes brought on by the Arab Spring, the importance of communicating stability affects investor sentiment across the Arabian Peninsula and energy markets around the world.
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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 market traders often deal with contrasting sources of information in their quest to find real production numbers and the slightest hint of where prices may be headed. Another case in point is the release of the latest August production and intake data by the producer-consumer energy dialogue, known as the Joint Data Initiative (JODI).
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CNBC's Sharon Epperson has the details on political risk premium put back on oil prices due to the alleged plot against Saudi ambassador by Iran.
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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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Saudi Arabia's sovereign wealth funds are examining acquisitions around the world, but are waiting for greater economic stability before making any definite moves, Dr. Ibrahim Al-Assaf, the country's finance minister, told CNBC Thursday.
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Was the Iranian plot to assassinate the Saudi ambassador an act of war, and what sort of retaliation should the U.S. take? Mort Zuckerman, U.S. News & World Report publisher, and Frank Gaffney, Center for Security Policy weigh in.