Saudi appetite for U.S. Treasury holdings still high despite $9bln drop in January
Saudi Arabia’s holdings in United States government debt securities dropped by $9 billion in January from a month earlier, official data showed.
Saudi Arabia’s holdings in United States government debt securities dropped by $9 billion in January from a month earlier, official data showed.
OPEC countries have decided to postpone a decision regarding the future of a deal with several non-OPEC states to reduce oil output, and thereby supply, on the market until June 2019. The cuts in production are expected to be prolonged or partially lifted this summer.
During the next few months the oil market could be hit—again—by some decisive changes, as the bromance between OPEC and Russia seems to be cooling down. Russia’s mainstream oil producers Rosneft, Gazprom and Lukoil increased pressure on Russia’s president Vladimir Putin to slow down preparations for the expected marriage with OPEC.
Saudi Arabia has extended the validity of work visas for expatriates to two years, instead of the current one-year period, without any additional fees, the Ministry of Labor and Social…
The 2019 oil market, at least in the first two quarters, will be very volatile, Cyril Widdershoven, a Middle East geopolitical specialist and energy analyst, a partner at Dutch risk…
We will contact you to show youÂ