CEO of Saudi Aramco Nasser Amin believes that next year the price of “black gold” will rise. This is due to the restoration of balance in the commodities market. According to the expert, to increase the cost of oil will be in the first half of 2017. Nasser also believes …
Read More »In Saudi Arabia, the Prince was punished as a child
The Prince, along with other prisoners, was subjected to whipping in prison “Red sea”In prison in Saudi Arabia the sentence of the court whipped a family member of the ruling Royal family. According to the report, Prince along with other prisoners, was subjected to flogging in the prison of the …
Read More »The oil market: Iraq has undermined the Russian-Saudi efforts
The price of oil on world markets is plummeting. According on 08:41 GMT, December Brent futures fell 0.65% to 51.57 USD per barrel. And on WTI rose by 0.73% to 50.59 per barrel. The cause of the falling prices were extremely out of place now statements by the oil Minister …
Read More »Saudi Arabia: the US is not invited to the agreement about oil production
Washington would not be invited in any agreements related to the regulation of oil production. This was stated by Minister of energy of Saudi Arabia Khalid al-falih. “No, the United States will not participate in any agreements related to oil production,” said al-falih. The Saudi Minister also said that the …
Read More »Saudi Arabia announced its intention to stabilize the oil market
The Minister of energy of Saudi Arabia Khalid al-falih spoke about the country’s intention to stabilize the oil market. He said this Sunday, October 23, at the meeting with the head of the energy Ministry of Russia Alexander Novak, RIA Novosti reported. According to him, the negotiations have become “an …
Read More »The law is the law in Saudi Arabia was executed Prince
The sentence al-Kabiru approved of the Supreme and appellate courts of Saudi Arabia In Saudi Arabia for the first time in the history of the monarchy were executed by a member of the Royal family – Prince Turki bin Saud al-Kabir. It is noted that on the enforcement of sentences …
Read More »Selection for the 2018 world Cup: Iran and Saudi Arabia are approaching the world Cup
In Asia and continues the final stage of qualifying for the 2018 world Cup. From Asia at the next world Cup will perform at least four teams – the top two teams from each group will book a ticket to the world championship. Teams, rank third in-person meeting will determine …
Read More »Saudi Minister: oil prices to end the year reach $60/bbl
ISTANBUL Saudi Arabia looks forward to a constructive position of Russia in the issue of energy prices, said the Minister of energy, industry and mineral resources of the Kingdom, Khalid al-falih in the framework of the 23rd world energy Congress in Istanbul. According to the Minister, the Congress is scheduled …
Read More »Saudi Arabia has lifted a ban on Israeli news
According to reports in the media, in Saudi Arabia once again became readable, the main Israeli news sites. Thus, Riyadh lifted its ban on reading the Israeli news, which operated from 2013. According to the Jerusalem Post, residents of the Kingdom confirmed in the social networks that they have access …
Read More »The princes are poor. The economy of Saudi Arabia is in need of active support
Product Where Ayzatulov Faisal Al Nasser/Reuters The consequences of falling oil prices reached States in the Middle East: the government reduce the salaries of civil servants, and Central Bank of Saudi Arabia said about the need for more support to the economy. The regulator plans to pour into …
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