Oil and Gas
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Economy
Russia’s economy ‘stinks,’ Trump says, and lower oil prices will stop its war machine
(COMBO) This combination of pictures created on February 21, 2020 shows US President Donald Trump delivers remarks at a Keep…
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Economy
Russia weighs into U.S.-India tariff spat, saying New Delhi can choose its own trade partners
Russia’s President Vladimir Putin bids farewell to India’s Prime Minister Narendra Modi following their meeting at the Kremlin in Moscow,…
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Economy
Tanking oil prices could more than double Saudi Arabia’s deficit to $75 billion and threaten spending plans: Goldman Sachs economist
Riyadh, Saudi Arabia. Johnnygreig | E+ | Getty Images Crashing oil prices triggered by waning demand, global trade war fears…
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Economy
The oil-rich Gulf states are better-positioned to weather the tariff storm — but crashing crude prices could spell trouble
U.S. President Donald Trump with Mohammed bin Salman, crown prince of Saudi Arabia, at the start of the Group of…
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Finance
Warren Buffett’s Berkshire buys more Occidental after 30% sell-off from record high
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 4, 2024. CNBC Warren Buffett’s Berkshire…
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Economy
Can Saudi Arabia keep pace with its ambitious mega-project spending spree?
Digital render of NEOM’s The Line project in Saudi Arabia The Line, NEOM In Saudi Arabia’s northwestern desert, a sprawling…
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Economy
Foreign investors flock to flagship Saudi economic conference — but face less free-flowing cash
A delegate arrives at the King Abdulaziz Conference Centre in Saudi Arabia’s capital Riyadh to attend the Future Investment Initiative…
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Economy
Saudi Arabia slashes growth forecasts, sees wider budget deficits
Riyadh, Saudi Arabia. Xavierarnau | E+ | Getty Images Saudi Arabia cut its growth forecasts and raised its budget deficit…
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Economy
Many ‘doubted the vision’: Saudi investment minister touts ‘green shoring’ on path to diversification
Khalid Al-Falih, Saudi Arabia’s investment minister, during the Bloomberg New Economy Forum in Singapore, on Wednesday, Nov. 8, 2023. Bloomberg…
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Economy
No longer a financial reservoir? Saudi Arabia’s spending confirms clear shift in strategy
Riyadh, Saudi Arabia. Xavierarnau | E+ | Getty Images Saudi Arabia is moving full steam ahead with its focus on…
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