Business Saudi Arabia


  • OPEC supply cuts on the way? Wednesday, 26 Nov 2014 | 6:13 AM ET
    OPEC supply cuts on the way?

    Tom Kloza, Oil Price Information Services, discusses low expectations for Thursday's OPEC meeting as ministers meet to discuss production levels.

  • OPEC debates supply vs. demand Wednesday, 26 Nov 2014 | 6:08 AM ET
    OPEC debates supply vs. demand

    CNBC's Steve Sedgwick reports on Thursday's meeting of OPEC ministers where they will likely discuss possible reduction in oil production.

  • OPEC members taking 'wait & see' approach Tuesday, 25 Nov 2014 | 10:31 PM ET
    OPEC members taking 'wait & see' approach

    Matt Smith, Commodity Analyst at Schneider Electric, explains why Saudi Arabia is so reluctant to reduce output and warns that investors shouldn't expect too much progress from the meeting.

  • These sectors will benefit from falling oil prices Tuesday, 25 Nov 2014 | 9:19 PM ET
    These sectors will benefit from falling oil prices

    David Dietze, President & Chief Investment Strategist, outlines which sectors are best positioned to take advantage of lower oil prices.

  • Will Saudi Arabia give in to Iran's demands? Tuesday, 25 Nov 2014 | 8:44 PM ET
    Will Saudi Arabia give in to Iran's demands?

    Stephen Schork, Editor of the The Schork Report, explains why the oil-rich kingdom is unlikely to go along with Iran's demands for a cut in crude output.

  • Cramer Remix: Here’s the deal on oil and VIX Tuesday, 25 Nov 2014 | 7:19 PM ET
    Jim Cramer on Mad Money.

    Everyone is talking about it ahead of OPEC’s meeting, but "Mad Money" host Jim Cramer has the insight on where he sees oil prices headed.

  • Cramer talks turkey on oil prices & OPEC Tuesday, 25 Nov 2014 | 7:07 PM ET

    Jim Cramer speculates where the direction of oil prices will go following the OPEC meeting on Thursday. Could we be in a sweet spot for oil?

  • 'Confident' that OPEC cut is coming: Analyst Tuesday, 25 Nov 2014 | 5:51 PM ET
    'Confident' that OPEC cut is coming: Analyst

    Chad Mabry, Analyst, Energy & Natural Resources at MLV & Co, is expecting OPEC to cut output to 29.5 million barrels a day from 30 million barrels currently.

  • US energy is growing—and so is US 'power' Tuesday, 25 Nov 2014 | 1:00 PM ET
    A floor hand for Raven Drilling, works on an oil rig drilling into the Bakken shale formation outside Watford City, North Dakota.

    Over the next 25 years, the U.S. will become a global energy powerhouse. That shift will reshape geopolitical power.

  • Saudis unlikely to cut oil production: Analyst Monday, 24 Nov 2014 | 8:52 AM ET

    Analyst Stephen Schork also says oil prices are bottoming.

  • Energy in 25 years: Who's producing, who's buying Tuesday, 18 Nov 2014 | 12:30 PM ET
    A cement factory releasing heavy smoke in Binzhou, China.

    The world will see huge shifts on both the usage and supply sides of the energy equation, according to BP's annual global energy forecast.

  • Commodities Next Week: Traders don't think oil's bottomed

    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. Oil was up on the day but still stayed under $80. Gold jumped on the day after rumors of a favorable Swiss gold referendum.

  • Saudi oil minister: 'No price war' Wednesday, 12 Nov 2014 | 2:40 PM ET
    Saudi oil minister: 'No price war'

    Speaking in Mexico on Wednesday, Saudi Oil Minister Ali al-Naimi knocked down talk of OPEC waging a 'price war' in the global oil market, and prices fell as a result. CNBC's Amanda Drury and Brian Sullivan report.

  • Saudi's trying to cripple US: Magnum Hunter CEO Friday, 7 Nov 2014 | 3:10 PM ET
    Saudi's trying to cripple US: Magnum Hunter CEO

    "The future of oil and gas in the U.S. is natural gas," says Gary Evans, Magnum Hunter Resources CEO, discussing what the low cost of shale means to the industry and U.S. economy.

  • Forgotten OPEC state gains steam—but not for long Friday, 7 Nov 2014 | 1:34 PM ET
    Nigerian oil facility

    Oil production is at the highest in a decade in Nigeria, but the surge is not likely to last long.

  • Oil punches keep coming Thursday, 6 Nov 2014 | 2:27 PM ET
    Oil punches keep coming

    Discussing if oil has bottomed and how the Saudi's plan to hold onto market share, with John Kilduff, Again Capital.

  • OPEC's oil outlook Thursday, 6 Nov 2014 | 8:34 AM ET
    OPEC's oil outlook

    CNBC's Jackie DeAngeles reports the latest details on the world oil outlook from OPEC.

  • Jobs data, ECB could push stocks higher Wednesday, 5 Nov 2014 | 6:44 PM ET
    Mobern Lighting, manufacturing factory jobs workers

    Stocks could continue to tilt higher, as traders focus on U.S. jobless claims data and productivity and labor costs ahead of the Oct. jobs report.

  • Crude skids, gold loses luster Wednesday, 5 Nov 2014 | 7:34 AM ET
    Crude skids, gold loses luster

    Matt Smith, Schneider Electric, and Frank Holmes, U.S. Global Investors, weigh in on what's likely sinking crude oil prices as gold now reaches a four-year low. The heyday for gold is not over, says Holmes.

  • US stock market psyched for GOP win Wednesday, 5 Nov 2014 | 5:57 AM ET
    Traders on the floor of the New York Stock Exchange.

    Markets are psyched for a Republican victory in Congress that gives the GOP control of the Senate in addition to the House.