BY James M Dorsey For Saudi Crown Prince Mohammed bin Salman, religious reform has long been a question of when rather than if. Bin Salman’s potential embrace of religious, not just social and economic reform, could have far-reaching consequences for the role of religion in Saudi Arabia and religious soft power rivalry in […]
The post Saudi Arabia’s Bin Salman Toys With Religious Reforms Adding To Soft Power Rivalry first appeared on IPA Newspack.
By James M Dorsey Since arriving in Saudi Arabia five months ago, soccer superstar Ronaldo has scored 14 goals in 16 games for his new club, Al Nassr. Yet, more was needed for Al Nassr to win the Saudi championship or advance in the Saudi Cup. Even so, Ronaldo’s presence has helped improve the competitive […]
The post Saudi Crown Prince’s Bid To Piggyride Ronaldo Popularity first appeared on IPA Newspack.
By K Raveendran The decision by OPEC+ to enforce no official cuts, and yet a voluntary cut by swing producer Saudi Arabia, has had only limited upside price pressure, but the long-term price development will hinge on macroeconomic sentiment and the possible extension of the voluntary Saudi Arabian production cut beyond July. After more than […]
The post Oil Market Hinges On Possibility Of Saudi Production Cut Extension Beyond July first appeared on IPA Newspack.
Matein Khalid My muse is the Kingdom tonight – not the kingdom of heaven but the Kingdom of Saudi Arabia. Prince Abdulaziz reinforced Saudi Arabia’s role as the swing producer of OPEC+ at Vienna with a voluntary 1MBD output cut and his energy diplomacy gave UAE a 200,000 barrel a day quota increase. The impact on oil prices has not been dramatic as Brent is now $77 […]
By Nantoo Banerjee The cat is out of the bag. India is not the only country using imported Russian oil to export processed petro-products. West Asian oil giants, led by Saudi Arabia, are buying millions of barrels of Russian diesel oil, which is banned in Europe, to sell the product to buyers in the European […]
The post More Russian Oil Is Making Backdoor Entry Into NATO Nations Via Saudi Arabia, UAE first appeared on IPA Newspack.
China has opposed the holding of a G20 meeting in Kashmir, while Turkey and Saudi Arabia have not registered for the event to be held in Srinagar. On Friday, Chinese Foreign Ministry spokesperson Wang Wenbin said that “China firmly opposes holding G20 meetings in any form in ‘disputed’ areas and will not attend such meetings.” […]
The post China opposes G20 meeting in Kashmir; Saudi, Turkey stay off first appeared on IPA Newspack.
HONG KONG SAR – Media OutReach – 19 April 2023 – King Abdullah University of Science and Technology (KAUST) has successfully launched a Cubesat satellite with its partner Spire Global on the SpaceX Transporter-7 mission from Vandenberg Space Force Base in the United States. The satellite aims to collect high-quality and high-resolution data across global terrestrial, coastal and ocean ecosystems to help Saudi Arabia observe and characterize […]
Matein Khalid I must thank Saudi Arabia’s prince Abdulaziz for the very welcome 7% (pre-market) rise in APA Corp (APA), Marathon Oil (MRO) and Schlumberger (SLB). My three large cap stooges in the universe of black gold. The Saudi Oil Minister had sent numerous smoke signals that speculators were shorting paper oil, whose volumes are often 15 to 20 times the 100 million barrels a day consumed […]
