Trump Starts Gulf Visit in Saudi Arabia
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4hon MSN
The fist bump seems so long ago.Three years after Joe Biden’s cursory greeting with Crown Prince Mohammed bin Salman, Donald Trump luxuriated in an extravagant royal welcome as he arrived in Saudi Arabia on Tuesday.
Asia-Pacific trade envoys will gather this week in South Korea for discussions on multilateral cooperation, with talks taking place at a time when countries are scrambling to respond to U.S. President Donald Trump's sweeping tariffs.
Saudi Arabia is boosting oil output, pressuring U.S. shale producers and shaking markets. Here's how this move could impact breakeven prices, rig counts, and investors.
2don MSN
Saudi Arabia’s state-owned oil giant Aramco posted first-quarter profits of $26 billion, down 4.6% from the prior year.
U.S. crude oil futures climbed more than $1 a barrel on Tuesday as the White House announced Saudi Arabia's plans to invest $600 billion in the United States. Brent crude futures rose 88 cents, or about 1.
Saudi Arabia is increasing oil production, a move that could drive down prices and put pressure on U.S. shale producers.
4hon MSN
President Donald Trump in a speech in Saudi Arabia has urged Iran to take a “new and a better path” as he pushes for a new nuclear deal. At a U.S.
The oil market appears to be telling Saudi Arabia that its shift to pumping more oil after five years of cutting output was well timed.