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In a Shaky Oil Market, OPEC Has Bitter Decisions to Make
Posted inIsrael-Gaza War (2023- ) Oil (Petroleum) and Gasoline Organization of the Petroleum Exporting Countries Prices (Fares, Fees and Rates) Production Saudi Arabia Saudi Aramco

In a Shaky Oil Market, OPEC Has Bitter Decisions to Make

Anticipating a drop in demand for 2024, major producers, led by Saudi Arabia, are trying to reduce supply.
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Posted by By Stanley Reed
Saudi Aramco Reports $30 Billion in Profit for Latest Quarter
Posted inCompany Reports International Trade and World Market Nasser, Amin H Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) Saudi Arabia Saudi Aramco

Saudi Aramco Reports $30 Billion in Profit for Latest Quarter

It was a steep fall from last year’s record profit, but still enough for the company to introduce additional dividend payments and increase capital investment.
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Posted by By Kevin Granville
BlackRock Forges a New Bond With Big Oil
Posted inBlackRock Inc Corporate Social Responsibility Fink, Laurence D LIV Golf Nasser, Amin H PGA Tour Inc Professional Golfers Assn Saudi Arabia Saudi Aramco Stocks and Bonds

BlackRock Forges a New Bond With Big Oil

The financial giant, which has embraced including climate concerns in investment decisions, named the chief executive of Saudi Aramco to its board.
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Posted by By Andrew Ross Sorkin Ravi Mattu Bernhard Warner Sarah Kessler
What Is the Saudi Sovereign Wealth Fund?
Posted inDP World Tour English Premier League Foreign Investments Golf International Relations LIV Golf Mohammed bin Salman (1985- ) PGA Tour Inc Public Investment Fund (Saudi Arabia) Rumayyan, Yasir al- Saudi Arabia Saudi Aramco Sovereign Wealth Funds

What Is the Saudi Sovereign Wealth Fund?

The secretive $700 billion investment fund has set its sights on tourism, job creation, private equity and, now, golf.
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Posted by By Kate Kelly and Vivian Nereim

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