A woman in Saudi Arabia was handed down a 45-year jail sentence Tuesday after being found guilty of posting messages on social media to tear [the country's] social fabric, it was reported.
The murder of Washington Post journalist Jamal Khashoggi took center stage when US President Joseph Biden and Saudi Arabia's Crown Prince Mohammed bin Salman (MBS) met during one of the stops of the Democratic leader's crusade to build bridges across the region.
Venezuela's oil output production fell 5% from May of 2022 to the previous month, according to the latest Organization of the Petroleum Exporting Countries (OPEC) released Tuesday.
The OPEC+ alliance is solid and the tight cooperation between Russia and Saudi Arabia has never been stronger, said Russian Foreign Ministry Sergey Lavrov, following a meeting with his Saudi counterpart Prince Faisal bin Farhan Al Saud, and ahead of this week´s OPEC+ meeting to consider output levels.
By Tsvetana Paraskova for Oilprice.com – All Russian oil companies have confirmed they can raise production to the levels before the pandemic if the alliance chooses to proceed with monthly increases in output, Russian Deputy Prime Minister Alexander Novak said on Monday.
Saudi Arabia's Foreign Minister Prince Faisal al Saud said in a newspaper interview published Saturday in Buenos Aires' daily Infobae that “Argentina is our friend and ally, that will not change at the IMF.” The diplomat thus did not rule out a handout to reinforce Argentina's Central Bank's reserves.
By Tsvetana Paraskova for Oilprice.com – Led by production increases in Saudi Arabia and Russia, the OPEC+ group raised its October oil output by 490,000 barrels per day (BPD), TASS news agency quoted the International Energy Agency as saying in its monthly report on Tuesday.
The world's leading oil-producing countries agreed on Sunday to continue with the gradual increase of output, 400,000 barrels per day, beginning August first, to help global economic recovery following the pandemic, according to a release from the group's meeting in Vienna.
Swiss prosecutor is probing whether the late Saudi king broke any laws when he transferred US$100 million to a fund controlled by fellow royal Juan Carlos I of Spain in 2008.
OPEC and allies led by Russia postponed talks on oil output policy for 2021 to Thursday, sources said on Monday as key players still disagreed on how much oil they should pump amid weak demand due to the coronavirus pandemic.