Saudi Arabia, Russia buoy oil prices with supply cuts
Sopuruchi Onwuka Leading members of the OPEC+, Russia and Saudi Arabia, have decided to maintain unilateral production cuts till the end of the years in successful bid to keep prices of the commodity above $90 per barrel ($90/b). The supply…
S.Arabia mauls down hundreds of migrants – report
Graves mark migrant routes The Human Rights Watch (HRW) has accused the authorities of Saudi Arabia of killing hundreds of migrants along the Yemeni border, an allegation the government denies. In a new report, the Human Rights Watch declared that…
Oil windfall: S. Arabia bathes in dollar rain
In African and American members of the Organization of Petroleum Exporting Countries (OPEC), fiscal crisis sustains the traditional narrative of resource curse where poverty grows in the midst of oil revenue windfall. But in the Middle East where Saudi Arabia…
Saudi crown prince becomes prime minister
Saudi Arabia’s King Salman bin Abdulaziz named his son and heir Crown Prince Mohammed bin Salman as the kingdom’s prime minister and his second son Prince Khalid as defence minister, a royal decree reported by agency sources showed on Tuesday….
S. Arabia can’t violate OPEC quota, ministers tells Biden
Sopuruchi Onwuka, with agency reports The Kingdom of Saudi Arabia is committed to output decisions of the members of the Organization of Petroleum Exporting Countries (OPEC) and its coalition producers, officials affirmed to the visiting President of the United States…
Biden dismantles flight barrier between S. Arabia, Israel
Saudi Arabia announced weekend that it was lifting restrictions on “all carriers” using its airspace, an apparent gesture of openness towards Israel. The announcement paced way to direct flight hours before US President Joe Biden’s arrival at Jeddah after visiting…
Saudi trip: Biden warms up to MBS, addresses Khashoggi murder
Sopuruchi Onwuka, with agency reports After years of altercations and power flexing,President Joe Biden on Friday landed in Saudi Arabi and met with the young defiant crown prince, Mohammed bin Salman also called MBS. The meeting came as the United…
