The group of major oil producers and Russia will meet this weekend to discuss a swoon in oil prices.
Category: Saudi Arabia
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LIV Golf Wants to Talk About Sports. Donald Trump Still Looms.
Whether LIV can outrun Trump’s shadow, and whether it even wants to, could do much to shape how the league is perceived in the years ahead, particularly in the United States.
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Falling Oil Prices Cause Saudi Aramco’s Profit to Slip 19 Percent
But at nearly $32 billion, the oil giant’s quarterly earnings still far exceeded those of Western rivals, and it announced an increase in dividend payments.
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A New Twist for the Tradition-Bound Masters: The LIV Golf Era
LIV, Saudi Arabia’s breakaway league, split men’s professional golf. Now, the drama is coming to one of the sport’s most hallowed stages.
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Oil Prices Jump After Surprise OPEC Production Cut
The New York Times – Business:Adding to global economic uncertainties, oil prices rose about 5 percent on Monday after Saudi Arabia and other major producers announced a surprise cut in crude production.
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In Surprise, OPEC Plus Announces Cut in Oil Production
The New York Times – Business:Oil prices soared 7 percent on Sunday night after the group’s move to cut 1.2 million barrels a day.
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In Surprise, OPEC Plus Announces Cut in Oil Production
The New York Times – Business:The move is an apparent effort to boost prices. Still, its significance may be slight, especially if the global economy slows.
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Boeing Secures Big Order With Airlines in Saudi Arabia
The New York Times – Travel:The order is the latest involving dozens of planes from airlines that are new or have plans to grow rapidly.
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Saudi Aramco Reports Record Profit as Fossil Fuels Remain ‘Essential’
The New York Times – Business:Saudi Arabia’s national oil company earned $161 billion last year, a nearly 50 percent jump over 2021, and said demand for oil would continue.
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Tommy Fury Beats Jake Paul by Split Decision in Saudi Arabia
The New York Times – Sports:Paul, the social media influencer turned fighter, had never faced a full-time boxer until Sunday’s bout with Tommy Fury. He had also never taken a loss.
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The Fury-Paul Fight: YouTube Boxing Meets Saudi Money
The New York Times – Sports:Tommy Fury and Jake Paul have been trading verbal jabs for months. After being postponed twice, their fight on Sunday is being staged in Saudi Arabia, and ESPN is streaming it.
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PGA Tour Seeks to Add Saudi Wealth Fund to Lawsuit Over LIV Golf
The New York Times – Sports:A federal judge will decide whether one of the tour’s leading avenues to investigate and challenge a new rival can be expanded.