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Sunday, November 24, 2024

US-Saudi oil clash breeding a larger conflict

The coronavirus pandemic and the global economic meltdown forced Saudi Arabia, the United Arab Emirates, the United States, and Russia to call time out...

Saudi Crown Prince MBS bids for British soccer club amid Covid-19

Saudi Crown Prince Mohammed bin Salman has rolled the dice with a US$ 374 million bid to acquire storied British soccer club Newcastle United.  If...

Tarawih and Eid prayers possible at home during corona: Saudi Grand Mufti

Saudi Arabia’s Grand Mufti, Sheikh Abdulaziz Al al-Sheikh, the highest religious authority in the Islamic kingdom, said that prayers (Tarawih) during Ramazan and for...

Thanks to Corona, Yemen sees peace: UN Envoy

The UN special envoy for Yemen said Thursday that "very good progress" was being made towards a ceasefire in the country, although military activities...

How Muslims are controlling the corona spread? Saudi, Iran, Singapore, Jordan vs Pakistan

The spread of Coronavirus has brought the whole world to an unruly apocalyptic regime. Today, no one can find the right balance between work...

Corona forces Saudi to declare truce but Yemen sees no sign of relief

War in Yemen shows no signs of abating, one week after the Saudi-led military coalition declared a unilateral truce due to the coronavirus threat...

OPEC deal fails to make oil profitable

Global oil traders have shrugged off Sunday's historic output-cutting deal by OPEC and its allies, with prices languishing not far from recent two-decade lows. The...

Why the OPEC+ deal is full of magnificent features?!

A perfect deal is where all protagonists get something out of it. All oil-producing countries stand to gain if oil price rebounds. In bare...

Oil price war comes to an end; Implications on Pakistan

The oil price crash startled the global market which was already apprehensive regarding the influence of the novel corona-virus pandemic on world economy. The...

Saudi Arabia, Russia & Mexico agree to production cuts: Implications for Pakistan?

Trump helps OPEC to resolve its internal differences and calls it a "great deal for all". Oil production is cut by around a million barrels a day and oil prices shoot up creating tensions or importers like India and Pakistan..

Saudi vs US? Oil price war hurt US more than Russia

A decision by the Organization of Petroleum Exporting Countries (OPEC) and non-OPEC producers like Russia to temporarily end a price war and cut production,...

Saudis brought Putin to his senses: OPEC will decide to cut output

Saudis have brought Putin to his senses; OPEC will cut its production