Page 6 - Saudi Arabia

OPEC+ boosts September oil output by slower pace than previous months

The OPEC+ coalition said it will increase output to 100,000 barrels a day next month after raising it by by 648,000 barrels per day in July and August.

US approves massive arms sale to Saudi Arabia, UAE to counter Iran

The Biden administration has approved two massive arms sales to Saudi Arabia and the United Arab Emirates to help them defend against Iran.

Saudi to push OPEC+ to increase oil production at upcoming meeting: Report

Saudi King Salman bin Abdulaziz assured US President Joe Biden of the production increase when they met on July 16

Donald Trump says Saudi-funded tour creates 'gold rush' for players

Former President Donald Trump was part of the Saudi-funded LIV Golf Invitational pro-am, put on by a breakaway league he says is creating a gold rush for players

Macron hosts Saudi crown prince with oil, Iran, human rights on agenda

French oppn figures and human rights groups have criticised Macron's decision to invite to dinner at the Elysee Palace a man Western leaders believe ordered the murder of a prominent Saudi journalist

Saudi Arabia may hike oil price to record even as traders see risks

The world's top crude exporter is expected to price its Arab Light crude to Asia at a $10.80-a-barrel premium to the region's benchmark for September-loading cargoes

Greece, Saudi Arabia to explore further cooperation in several sectors

Greece and Saudi Arabia will explore further bilateral cooperation in many sectors with emphasis on energy, as announced by the two sides during 2-day visit of Saudi Arabia's Crown Prince to Athens

Saudi Crown Prince arrives in Greece, 1st EU visit since Khashoggi killing

Saudi Crown Prince Mohammed bin Salman arrived in Greece on his first trip to a European Union country since the killing in 2018 of Saudi journalist Jamal Khashoggi

Saudi prince plans $80-billion fund, IPO for zero-carbon city Neom

The Neom Investment Fund could potentially expand to 400 billion riyals, Crown Prince Mohammed bin Salman told reporters in Jeddah

SC dismisses plea seeking GST exemption for Haj via private tour operators

The private tour operators argued that the levy is discriminatory as it exempts certain pilgrims who undertake the journey through the Haj Committee of India

Oil, geopolitics, and climate change

Crude oil still commands its place in the fuel market, but investments in oil exploration have gone down as concerns about climate change grow

SC dismisses petitions seeking GST exemption on Haj services for pilgrims

A bench of Justices A M Khanwilkar, A S Oka and C T Ravikumar pronounced the judgment, saying they "dismissed" the petitions on both the grounds of exemption and discrimination

Biden disputes Saudi Arabia's account of Khashoggi murder discussion

Biden disputed the Saudi foreign minister's account that he did not hear Biden blame Mohammed bin Salman for the killing of the Washington Post columnist

Leaders vow for security, stability in Middle East at Jeddah summit

Hosted by Saudi Arabia, the summit was attended by leaders of the Gulf Cooperation Council, Egypt, Iraq, Jordan and the US

Joe Biden's trip to Mideast nations aimed at reassuring wary leaders

Before stepping foot in Saudi Arabia, US President Joe Biden knew there would be trouble

US will not walk away from Middle East: Biden amid Iran's nuclear concern

We will not walk away and leave a vacuum to be filled by China, Russia or Iran, Biden said. "We will seek to build on this moment with active, principled, American leadership.

Wanted to support Iraq's democracy: Joe Biden tells PM al-Kadhimi

Al-Kadhimi spoke about the strategic, friendly relationship between the US and Iraq, and he thanked the US for providing support to combat terrorist groups.

Saudi Arabia, US agree to strengthen cooperation in tech, science

Saudi Arabia and the United States agreed on Friday to strengthen cooperation in the fields of 5G networks, cybersecurity, space exploration, and public health, Al Arabiya News reported

Crude oil prices up 2.5% as no immediate Saudi output boost expected

The comment during U.S. President Joe Biden's Middle East visit comes at a time when spare capacity at members of the Organization of the Petroleum Exporting Countries (OPEC) is running low.

Saudi Arabia lifts ban on Israeli flights amid US President Biden's visit

Saudi Arabia on Friday opened its airspace to "all air carriers," signalling the end of its longstanding ban on Israeli flights overflying its territory a key step toward normalization between the two