The Saudi Arabian minister of state fired back against claims the country is responsible for higher U.S. gas prices, asserting lack of American refinery production is to blame. “With due respect, the reason you have high prices in the United …
The Biden administration accused the OPEC+ exporting cartel of siding with Russia — and announced the release of still more oil from America’s Strategic Petroleum Reserve — after the group agreed to snub US outreach and collectively reduce production. OPEC+, …
https://twitter.com/army21ye/status/1576620949561954304 The armed forces give the oil companies operating in the UAE and Saudi Arabia an opportunity to arrange their status and leave as long as the countries of the American-Saudi aggression are not committed to a truce that gives …
It’s hilarious that the G7 thought that they could just unilaterally set the price of Russian oil. You’d think that the forces of democracy would understand how capitalism works. Since the G7 oil price cap was announced on Friday, Russia …
By Julianne Geiger Saudi Arabia hiked its OSPs for September loadings to Asia to new highs. Arab Light to the Far East is now set at $9.80 over the Oman/Dubai Benchmark. Saudi Arabia also raised the price of crude oil …
by Chris Black FYI, BRICS is a Russian/Chinese competitor to NATO/EU/UN/WTO/etc. The funny thing is that Turkey is a key NATO member, boasting the second-largest army in NATO, and a wannabe EU member, though Erdogan keeps getting shafted due to …
By Irina Slav Some observers expressed hope that a trip by President Biden to Saudi Arabia could spark more production and bring prices down. In reality, there is no quick fix to the current oil problem and while new Saudi …
Some how I saw this coming. The king welcomed Turkish president a few days ago in a visit. MBS was no where to be seen. If you remember, Turkey was the center nation around the khashoggi incident which it blamed …
New report details decline of U.S.-Saudi relations Relationship in spotlight as U.S. wants Saudi to release more oil in order to bring down gas prices and hurt a major source of Vladimir Putin’s income Saudi Crown Prince Mohammed bin Salman …
For the first time i see the Saudi TV mocking the US administration. pic.twitter.com/8vPtU0txJ8 — Asaad Sam Hanna (@AsaadHannaa) April 12, 2022
As Joe Biden moved to open US strategic oil reserves, his two biggest oil-producing allies have kept their tanks firmly shut. The UAE and Saudi Arabia continue to rebuff the US president as he attempts to counter soaring oil prices …
As Joe Biden moved to open US strategic oil reserves, his two biggest oil-producing allies have kept their tanks firmly shut. The UAE and Saudi Arabia continue to rebuff the US president as he attempts to counter soaring oil prices …
Via Birch Gold Group For years now, the U.S. dollar’s status as global reserve currency has been in a precarious position. I wrote about this way back in 2017, when countries with no prior interest in an alliance with each …
https://www.globaltimes.cn/page/202203/1254958.shtml SOURCE / ECONOMY India reportedly explores yuan in oil trade with Russia, as frustration grows over US sanctions India is reportedly planning to buy Russian oil at discounted prices and even considering the Chinese yuan as a reference currency in …
by Chris Black This is kind of eerie as it happens so fast, but everything is by design if you ask me. https://twitter.com/disclosetv/status/1503728487840063491 📢 India is reportedly considering buying Russian crude oil in rupees and rubles rather than the US …
Saudi Arabia is in active talks with Beijing to price its some of its oil sales to China in yuan, people familiar with the matter said, a move that would dent the U.S. dollar’s dominance of the global petroleum market …
Biden may travel to Saudi Arabia in quest for oil, report says, as Russia ban remains possibility https://t.co/w1bXr0UHi5 — FOX Business (@FoxBusiness) March 8, 2022 h/t MooCowLMFAO
by Eurymanthus The White House on Monday pushed back on concerns about the Biden administration’s willingness to cut deals with countries like Saudi Arabia, Iran and Venezuela as it looks for ways to blunt skyrocketing fuel prices in the United States. …
Last week, geopolitical pundits were struck after three middle-eastern power brokers – among them one of the closest US allies in the Gulf region, Saudi Arabia which not too long ago rejected US appeals to pump more oil, signed onto …
A young 24yr old female posted this on social media… pic.twitter.com/IfPbMMfgmD — WPL (@WomenPostingLs) January 4, 2022 h/t SgtWalleye1
“During a recent political talk show on RT Arabic, Saudi military expert Mohammad al-Qabibaan defended the recent intense escalation of the Saudi-led coalition’s bombardment campaign in Yemen, describing the relentless airstrikes of recent weeks as ‘successful operations’ designed to force …
by Chris Black Saudi Arabia’s cooperation with China harkens back to Biden’s February announcement on Yemen: “We’re ending all American support for offensive operations in the war in Yemen, including relevant arm sales.” So it would be expected that Saudis …
For the last 50 years, the petrodollar was in place. Big oil made its transactions in USD. Then a couple of days ago, Russia and Saudi Arabia signed an agreement that likely went beyond the military and defense cooperation it …
Staten Island Rep. Nicole Malliotakis is among five Republican lawmakers pressing the Biden administration to publicly release FBI and CIA documents that they say may disclose the Saudi government’s possible involvement in the 9/11 terror attacks. Malliotakis, and four other Republican members …
🚨 #BREAKING Explosions in #Jeddah airport #SaudiArabia 🇸🇦 targeted by #Houthis suicide drones. The airport has been out of service for more than 3 hours. pic.twitter.com/5TM8t5x1q5 — Waël (@AiWaelBot) March 25, 2021 Unknown, Canceled & Diverted pic.twitter.com/gy8ZAfyKdn — Waël (@AiWaelBot) …
by leeweiqi i think the comparison by Bloomberg is strictly done based on income and nothing else. https://www.bloomberg.com/news/videos/2019-04-04/what-makes-aramco-the-world-s-most-profitable-firm-video if you are interested 🙂
By Irina Slav Saudi Arabia has threatened the United States to stop using dollars for its oil trades in an attempt to discourage legislators from passing a bill dubbed NOPEC aimed at holding OPEC liable for cartel practices under U.S. …
https://www.youtube.com/watch?v=TLXGlpHFbxg via FT: Saudi Aramco has for the first time disclosed the financial performance it has kept secret for three-quarters of a century, revealing that the kingdom’s state oil company generated more profits last year than any other company in …
