published Mar 6th 2017, 4:51 pm, by Serene Cheong and Sharon Cho (Bloomberg) — The oil is light, sweet and tempting, with a lot of it made in the U.S. Saudi Arabia’s trying to keep it away from the biggest crude buyers. The Middle East producer cut the pricing for

published Aug 28th 2016, 5:29 am, by Filipe Pacheco (Bloomberg) — Saudi Arabian stocks led gains across most Gulf equities as an advance in the price of oil helped offset investor caution over the timing of U.S. interest-rate increases. Saudi Arabia’s Tadawul All Share Index rose 1.2 percent at 1:07

published Aug 18th 2016, 6:01 pm, by Wael Mahdi and Javier Blas (Bloomberg) — Saudi Arabia raised its combined crude oil and refined-product exports to 8.83 million barrels a day in June, the highest on record for that month and the latest sign of the expansion of the kingdom’s share

published Jun 5th 2016, 3:00 pm, by Stefania Bianchi and Matthew Martin (Bloomberg) —Saudi Arabia’s plans to bolster its finances are taking on a new sense of urgency as lower oil prices put the economy under more strain than at any other time in the past decade. In recent weeks,

published May 25th 2016, 6:01 pm, by Ladane Nasseri and Glen Carey (Bloomberg) —Saudi Arabia couldn’t stop the Iran nuclear deal from being signed. Plan B is to limit Iran’s ability to reap its benefits. QuickTake Iran’s Nuclear Program The kingdom is mobilizing its Gulf allies to make sure that,

published May 24th 2016, 4:13 pm, by Nafeesa Syeed (Bloomberg) — A former U.S. lawmaker who served on the commission that investigated the Sept. 11 attacks said there’s a “glaring contrast” between Saudi Arabia’s high-level cooperation in uncovering terrorist plots and its “society and culture exporting extremism and intolerance.” The

published Apr 20th 2016, 7:03 pm, by Stephen Stapczynski (Bloomberg) — Oil traded near $44 a barrel after U.S. crude production slipped to the lowest since October 2014 and Iraq said producers plan a new push to agree on an output freeze in talks as early as next month. Futures

©2016 Bloomberg News O27FP86TTDS1 (Bloomberg) — Oil traded near $31 a barrel as Saudi Arabia said it held “successful” talks with Venezuela about cooperating to stabilize the market, without elaborating on the steps required to shore up prices. Futures were little changed in New York after falling 8.1 percent last

©2016 Bloomberg View O1ZRY26S972B (Bloomberg View) — Plunging oil prices and widening budget deficits have forced Saudi Arabia to look for new sources of revenue: The kingdom has dumped at least $100 billion of its foreign exchange reserves and is even considering selling part of the government-owned oil company Saudi

©2016 Bloomberg News O13WTI6JIJUO (Bloomberg) — As Iran emerges from a decade of international sanctions, its Gulf Arab rivals are facing their toughest economic predicament since the global financial crisis. Governments across the six-nation Gulf Cooperation Council are taking unprecedented measures to counter the slump in oil prices, curtailing some