Saudi Arabia Has 2 Trillion Reasons To Continue Pumping Up Oil Prices

Saudi Arabia, like the rest of the world, has an addiction to oil. However, instead of a thirst for consuming crude to power its economy, the Middle Eastern nation's economy runs on oil money. That works out splendidly when crude prices are high but is a significant problem when prices crash as has been the case the past few years.

BING NEWS:
  • Saudi Arabia
    you’ll find award-winning journalism not driven by commercial influences – a news organization that takes seriously its mission to uplift the world by seeking solutions and finding reasons for ...
    05/2/2024 - 1:00 pm | View Link
  • ‘To the Future’: Saudi Arabia Spends Big to Become an A.I. Superpower
    The oil-rich kingdom is ... to make friends with Saudi Arabia right now as the kingdom has trained its sights on becoming a dominant player in A.I. — and is pumping in eye-popping sums to ...
    04/24/2024 - 1:00 pm | View Link
  • Saudi Arabia Needs Oil Price Near $100, IMF Says
    Saudi Arabia will need a higher oil price than previously thought this ... its partners will gather on June 1 to consider whether to continue to supply curbs into the second half of the year.
    04/19/2024 - 5:52 am | View Link
  • This Lava Tube in Saudi Arabia Has Been a Human Refuge for 7,000 Years
    Archaeologists at a site in northwestern Saudi Arabia have excavated a lava tube — the naturally hollowed-out subterranean remnant of a lava flow. In this lava tube, named Umm Jirsan and the ...
    04/16/2024 - 1:01 pm | View Link
  • Saudi foreign minister arrives in Pakistan to discuss how to help with the country's economic crisis
    ISLAMABAD — Saudi Arabia’s foreign minister on Monday led ... one of Pakistan's closest allies and a a leading supplier of oil to Islamabad. Prince Faisal is expected to meet with Sharif ...
    04/15/2024 - 9:46 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News