GO
Loading...

Enter multiple symbols separated by commas

Business Saudi Arabia

More

  • President Barack Obama about the Iran nuclear deal and believes the agreement will contribute to security and stability in the Middle East, a senior Saudi official said on Friday. The visit is the king's first to the United States since ascending to the throne in January 2015, and comes after the United States agreed to a nuclear deal with Iran in July.

  • President Barack Obama (R) meets with Saudi King Salman bin Abdulaziz in the Oval Office of the White House in Washington September 4, 2015.

    Saudi officials say they can deal with low oil and that prices will eventually rebound, according to RBC's Helima Croft.

  • President Barack Obama at the White House on Friday to seek more support in countering Iran, as the Obama administration aims to use the visit to shore up relations after a period of tensions. The visit is the king's first to the United States since ascending to the throne in January 2015, and comes after the United States agreed to a nuclear deal with Iran in July,...

  • An oil pump jack in Russia

    Russia could be the key to unlocking production cuts from Saudi Arabia, the world's top oil exporter, Nasdaq energy analyst Tamar Essner told CNBC.

  • President Barack Obama in Washington on Friday to seek more support in countering Iran, as the Obama administration aims to use the visit to shore up relations after a period of tensions. The visit is the king's first to the United States since ascending to the throne in January, and comes after the United States agreed to a nuclear deal with Iran in July, raising...

  • WASHINGTON, Sept 2- Saudi Arabia is in advanced discussions with the U.S. government about buying two frigates based on a coastal warship that Lockheed Martin Corp is building for the U.S. Navy, and could reach agreement by the end of the year, according to sources familiar with the talks. President Barack Obama in Washington this week, as Washington and Riyadh seek...

  • WASHINGTON, Sept 2- Saudi Arabia is in advanced discussions with the U.S. government about buying two frigates based on a coastal warship that Lockheed Martin Corp is building for the U.S. Navy, and could reach agreement by the end of the year, according to sources familiar with the talks. President Barack Obama in Washington this week, as Washington and Riyadh seek...

  • Frackers find way to cope with 'imploding' market Wednesday, 2 Sep 2015 | 11:27 AM ET
    A pump jack and surface water at oil well and fracking site in Shafter.

    A type of high-intensity hydraulic fracturing is spreading through the American oil patch, boosting productivity for U.S. drillers.

  • Fire at Saudi oil company residence kills 11 Sunday, 30 Aug 2015 | 2:53 AM ET

    DUBAI, United Arab Emirates— A large fire broke out Sunday in the basement of a sprawling residential complex in Saudi Arabia's oil-rich east, killing at least 11 people and injuring more than 200, officials in the kingdom said. The Interior Ministry's General Directorate of Civil Defense said victims were of various nationalities, without elaborating.

  • Commodities next week: Crude up 20% on week Friday, 28 Aug 2015 | 4:00 PM ET
    Commodities next week: Crude up 20% on week

    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.

  • How long can the Saudis hang on with cheap oil? Wednesday, 26 Aug 2015 | 1:52 PM ET
    Workers at an oil facility near Riyadh, Saudi Arabia.

    Saudi Arabia derives 80 percent of its revenue from oil and has a budgetary "break-even" point almost double the current per-barrel price of $40.

  • 3 charts show how oil is roiling world currencies Tuesday, 25 Aug 2015 | 11:35 AM ET
    Saudi Arabian riyals

    The falling price of oil has a direct effect on the real exchange rate of nations most dependent on petroleum production.

  • 7 stocks to play oil selloff: Lipow Monday, 24 Aug 2015 | 11:47 AM ET

    Oil prices may not recover until after Q1 2016 but it’s not all bad news for the sector, says oil analyst Andy Lipow. Here's how to play it.

  • Middle East hit by market slump Monday, 24 Aug 2015 | 2:20 AM ET
    Middle East hit by market slump

    CNBC’s Hadley Gamble comments on the slump in Middle East markets.

  • Mood sours among Saudi businessmen as oil slides Sunday, 23 Aug 2015 | 7:36 AM ET

    *Economy still growing, state has big fiscal reserves. RIYADH/ KHOBAR, Saudi Arabia, Aug 23- Saudi Arabian entrepreneur Essam al-Zamel has overcome many obstacles to found a string of technology companies in the past decade, but he thinks sliding oil prices will be hard to handle. "A black economic cloud is covering the skies of Saudi Arabia," Zamel tweeted last week,...

  • Commodities next week: China data hits oil Friday, 21 Aug 2015 | 4:00 PM ET
    Commodities next week: China data hits oil

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

  • Saudi stock index hits 7-month low Friday, 21 Aug 2015 | 2:00 AM ET
    Saudi stock index hits 7-month low

    CNBC’s Hadley Gamble comments on the market pain in Saudi Arabia.

  • Cramer: Fed, China, oil—Will the market gloom end? Thursday, 20 Aug 2015 | 6:35 PM ET
    A pump jack and pipes at an oil field near Bakersfield, California.

    Jim Cramer goes over the three things that must happen in order for this market to end its gloom and resume its sunny rally days.

  • OPEC pumping game; Who blinks? Thursday, 20 Aug 2015 | 3:17 PM ET
    The oil ministers of Qatar, Saudi Arabia and the United Arab Emirates attend the opening session of the Arab Energy Conference in Abu Dhabi.

    Discussing factors moving oil price, with Gillian Tett, Financial Times, and Kent Moors, Money Map Press

  • Oil could drop into the $20s: Kilduff Thursday, 20 Aug 2015 | 1:08 PM ET
    Oil rig workers crude oil

    John Kilduff explains how oil, already in a bear market, could drop to the mid-$20s per barrel.