All posts tagged with Saudi Arabia
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-(Natural News) As major Western powers are cutting ties with Russia amid its invasion of Ukraine, Saudi Arabia appears to be doing the opposite by strengthening relations with Russia. According to the Guardian, Russian President Vladimir Putin and Prince Mohammed bin Salman – the Saudi prime minister – have a lot in common. It mentioned […]
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-(Natural News) It has become apparent that after less than two years in office, Joe Biden’s ineptitude and dementia have cost the United States a wealth of credibility and respect built up during Donald Trump’s four-year term. Nowhere is this more apparent than in Biden’s dealings with Saudi Arabia and other OPEC nations. The oil-producing […]
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-(Natural News) The Organization of the Petroleum Exporting Countries (OPEC) and its associated producers announced Sept. 5 that they will decrease oil production by 100,000 barrels per day (bpd). The decision to slash production came amid worries of plunging oil prices and a global recession. In a media release, OPEC and its partners under the […]
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-(Natural News) Saudi Arabia raised oil prices for Asian buyers to record-high levels for its September loadings. Saudi Aramco, the country’s state-owned oil producer, increased the price of its Arab Light grade of crude oil for Asian clients by $0.50 per barrel to $9.80 higher than the Oman/Dubai crude oil benchmark. This exceeds the previous […]
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-(Natural News) Chaos and collapse are spreading. Sri Lanka now has 2-3 days of bread left on store shelves, and both the government and the economy there are in a state of total collapse. Via DNAIndia.com: All Ceylon Bakery Owners’ Association (ACBOA) on Sunday said that bakery products including bread will be emptied from the […]
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-(Natural News) A survey by Monmouth University found that more Americans are struggling financially due to inflation and rising gas prices. Around 42 percent said they are struggling to make ends meet financially amidst soaring prices, the highest recorded by the university since it began polling people five years ago. Americans are now spending more on their utility and grocery bills in […]
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-(Natural News) The Kingdom of Saudi Arabia (KSA) has raised oil prices more than expected for its largest market in Asia as the region eases out of Wuhan coronavirus (COVID-19) restrictions. Bloomberg reported that the increase for July shipments resumes a series of hikes that started in February. Aramco increased its key Arab Light crude grade for […]
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-(Natural News) Two oil-producing giants – Saudi Arabia and the United Arab Emirates (UAE) – warned that the global energy supply is dwindling amid high fuel prices and increased demand. Officials from the two Middle Eastern nations issued their warnings during a May 10 conference of the Organization of the Petroleum Exporting Countries (OPEC) held at […]
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-(Natural News) Saudi Arabia may increase the price of its crude oil as the repercussions of the Russia-Ukraine war are felt throughout global markets. An assessment by Bloomberg found that state-owned petroleum company Saudi Aramco may raise the selling price of its flagship Arab Light crude to $5 a barrel in Asia. The news outlet added that the […]
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-(Natural News) Prince Abdulaziz bin Salman, Saudi Arabia’s energy minister, said his country can no longer ensure energy security due to a “jittery period” in the world’s markets. What was once a sure and steady supplier of oil has become another casualty, or so we are told, of an escalating world war, which is conveniently collapsing […]
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