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U.S. to Sign Major Oil Deals with Saudi Arabia During Trump Visit…

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Oil major Saudi Aramco is expected to sign contracts with a dozen US firms during President Donald Trump’s visit to Saudi Arabia, Reuters reports, quoting sources familiar with the matter. According to the news agency, US companies Schlumberger, Halliburton, Baker Hughes, and Weatherford will help Saudi Arabia to develop local production. The Saudis will also […]

Selling More Weapons to the Reckless Saudis…

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The U.S. and Saudi Arabia are working on a package of arms deals and financial investments aimed at elevating economic and security cooperation between Washington and Riyadh after several years of strained relations over the U.S. diplomatic outreach to Iran. The potential agreements, coupled with Mr. Trump’s scheduled arrival in Saudi Arabia this week or […]

Oil Jumps As Saudis and Russians Agree to Extend OPEC Deal into 2018…

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What Saudi Arabia’s Oil Minister said in March will not happen, has happened: in a joint statement, Khalid al-Falih and his Russian counterpart Alexander Novak said that OPEC and Russia have agreed to extend the oil production cut deal struck at the end of last year until March 2018. The news immediately sent prices higher, […]

Saudi Kingdom Will Be Destroyed If Riyadh Does Anything Stupid…

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Dehqan gave the warning in an interview broadcast on Arabic-language Al-Manar TV on Sunday in response to remarks made by Saudi deputy crown Prince Mohammed bin Salman, who said any battle between Riyadh and Tehran would take place on Iranian soil. “We will work to have the battle in Iran rather than in Saudi Arabia,” […]

Saudis Now Fully Own America’s Biggest Oil Refinery…

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Saudi Aramco has become a 100-percent owner of Port Arthur, an oil refinery in Texas. Port Arthur has a capacity of 600,000 barrels per day, making it the biggest in North America. The kingdom’s national oil company previously owned 50 percent in the refinery before acquiring the full stake from Royal Dutch Shell on Monday. […]

OPEC Deal Backfires: Saudis Lose Market Share to Iran, Iraq…

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Since the start of OPEC’s production cuts, oil market analysts and experts have been focusing on how U.S. shale would respond to the relatively higher and stable oil prices, possibly eating up some of the cartel’s global market share while the cuts last. The market share war is also going on a micro level within […]

Saudis Hire World’s Biggest PR Firm to Push ‘Muslim NATO’…

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An international public relations firm is facing accusations of complicity in “whitewashing” alleged Saudi Arabian war crimes in Yemen after signing a deal to represent a Riyadh-dominated military alliance dubbed the “Muslim Nato”. Middle East Eye understands that Saudi Deputy Crown Prince Mohammad Bin Salman hired Burson-Marsteller last month to wage a charm offensive on […]

America Is Trying to Block the Path of the “Shiite Crescent” from Syria…

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The southern Syrian opposition forces moved south from the city of Suweida along the Syrian-Jordanian border towards the ancient city of Palmyra in central east Syria. These forces took control of around forty villages, including al-Tanaf, one of the border crossings between Syria and Iraq. They have managed to occupy part of the Syrian desert […]

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