California-based EV maker Lucid opens first-ever auto plant in Saudi Arabia
Californian EV-maker Lucid has opened the first ever car manufacturing plant in Saudi Arabia, as the kingdom looks to establish itself as a global player in the EV race.
2023-09-28 01:48
America's emergency oil reserve is at a 40-year low — and that could inflate oil prices, Goldman Sachs says
America's emergency oil stockpile has plunged to 40-year lows. The shrinking Strategic Petroleum Reserve is limiting Washington's ability to shield consumers from the fallout of Saudi Arabia's aggressive supply cuts, according to Goldman Sachs.
2023-09-28 01:45
Saudi Arabia, UAE and Iran among six countries invited to join BRICS group
Oil powers Saudi Arabia and the United Arab Emirates have been invited to become members of the BRICS group of developing nations in its first expansion in over a decade.
2023-08-25 11:20
Chelsea & Clearlake Capital's connection with Saudi Arabia - explained
Explaining the conspiracy theories regarding the Chelsea owners' relationship with the Saudi Arabian Public Investment Fund.
2023-06-22 20:28
Saudi Arabia's Public Investment Fund just reshaped pro golf. It's not stopping there
Saudi Arabia's cash has upended professional golf. But that's only some of the money it's sinking into businesses globally as the kingdom diversifies away from a dependence on oil income -- and as the petro-kingdom tries to achieve its political ends.
2023-06-08 03:28
US government ramps up its gas price forecast. Blame OPEC and Saudi Arabia
Forecasters at the US Energy Department on Tuesday ramped up their forecasts for American oil and gasoline prices next year, citing new steps by Saudi Arabia and OPEC+ to restrain the supply of oil.
2023-06-07 02:54
Donald Trump Correctly Predicted the LIV - PGA Merger Last Year
Donald Trump said the PGA would be disloyal.
2023-06-06 23:24
Opec: What is it and what is happening to oil prices?
Saudi Arabia is cutting output by one million barrels a day, and Opec+ is keeping past cuts in place
2023-06-05 18:50