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  • Saudi Arabia

    Saudi Arabia's political challenges must be resolved before an economic diversification plan can be designed, says Madawi Al-Rasheed from the Middle-East Institute at N.U.S.

  • Oil Prices

    Gulf Cooperation Council countries have to cut high public sector salaries that are hurting the private sector's competitiveness, explains Argus Media's Azlin Ahmad.

  • RIYADH, April 24- Saudi Arabians are anticipating with hope, doubt and worry the release this week of a government plan to liberate the kingdom from its reliance on oil, which could solve deep-rooted problems but bring economic pain. Deputy Crown Prince Mohammed bin Salman, the 30- year-old son of King Salman, is to announce on Monday his "Saudi Vision 2030", which is...

  • HOUSTON, April 22- Harold Hamm, chief executive of shale oil producer Continental Resources Inc and Mitt Romney's 2012 energy adviser, endorsed U.S. presidential candidate Donald Trump on Friday, saying he has the "fortitude to make tough decisions." Known for his outspoken views on U.S. energy policy and other matters, Hamm once referred to OPEC leader Saudi...

  • HOUSTON, April 22- Harold Hamm, chief executive of shale oil producer Continental Resources Inc and Mitt Romney's 2012 energy adviser, endorsed U.S. presidential candidate Donald Trump on Friday, saying he has the "fortitude to make tough decisions." Known for his outspoken views on U.S. energy policy and other matters, Hamm once referred to OPEC leader Saudi...

  • Saudis waiting for next US president: Expert

    Bernard Haykel, Princeton University, discusses President Obama's trip to the Middle East where he attempted to mend fences with Saudi Arabia.

  • Prince bin Salman has a vision for Saudi Arabia

    Prince Mohammad bin Salman wants to transform the kingdom into a force in the global economy.

  • Oil pumping gear, also known as 'nodding donkeys,' operate at the Mamontovskoye oil field, operated by Yukos Oil Co., in the Khanty-Mansi region of Russia

    The IEA's Neil Atkinson tells CNBC he believes both Saudi Arabia and Russia will continue to “pump as much oil as possible.”

  • Deputy Crown Prince of Saudi Arabia Mohammad bin Salman Al Saud attends the GCC-Morocco Summit in Riyadh, Saudi Arabia, on April 20, 2016.

    Saudi Arabia's 30-year-old deputy crown prince's ambitious economic "vision" to diversify the economy could include 5 million new jobs.

  • President Obama: Threat of Iran nuclear weapon greatly reduced

    President Obama delivers a statement to the press after the U.S.-Gulf Corporation Council Leaders Summit.

  • Watching Saudi Arabia's next move

    Global market analysts are watching the oil-rich kingdom's for its next move after the Doha oil meeting resulted in a no deal.

  • Russia now ready to raise output to record high

    Russian Energy Minister Alexander Novak says the country has the ability to raise oil production.

  • ABUJA, April 21- Nigeria will hold talks with Saudi Arabia, Iran and other oil producers by May, hoping to reach a deal on an output freeze at the next OPEC meeting in June, the West African country's oil minister told Reuters. A deal to stabilise oil output by OPEC and non- OPEC producers fell apart on Sunday after Saudi Arabia demanded that Iran join in despite calls on...

  • An oil pump jack in Russia

    Russia said it was prepared to push oil production to historic highs, just days after a global deal to freeze output levels collapsed.

  • Tension in the air for Obama's Saudi trip

    As President Obama travels in the Middle East, Stephen Schork, The Schork Report editor, talks about how geopolitics and differences in theology in the region are affecting the oil market.

  • Saudis feel the squeeze

    CNBC's Jackie DeAngelis looks at oil and the problems facing Saudi Arabia from lower prices.

  • Saudi's deal with debt

    Discussing Saudi debt sales, and oil price forecasts, with John Kilduff, Again Capital, and Brian Busch, Genscape.

  • Saudi-US stress points

    As the 9/11 bill is currently moving on Capitol Hill which would allow U.S. citizens to sue the Saudi government for any proven damages from the September 11th attacks, President Obama is meeting with the Saudi king in Saudi Arabia. Ambassador Lincoln Bloomfield and former Ambassador to Saudi Arabia James Smith, discuss

  • Obama meets Saudi king amid 9/11 bill push

    President Obama is meeting with King Salman of Saudi Arabia, amid the 9/11 bill moving on Capitol Hill which would allow U.S. citizens to sue the Saudi government for any proven damages from the September 11th attacks.

  • President Barack Obama walks toward Marine One upon his arrival at King Khalid International Airport for a summit meeting in Riyadh, Saudi Arabia April 20, 2016.

    Saudi Arabia threatened to sell $750 billion in U.S. assets, but experts say its uncertain how Riyadh arrived at that figure.