Saudi Arabia

When China and Saudi Arabia meet, nothing matters more than oil |  CNN Business

When China and Saudi Arabia meet, nothing matters more than oil | CNN Business

hong kong CNN Business — Chinese President Xi Jinping is visiting Saudi Arabia this week for the first time in nearly seven years, during which he is expected to sign billions of dollars in deals with the world’s biggest oil exporter and meet with leaders from across the world. Middle East. The visit is a …

When China and Saudi Arabia meet, nothing matters more than oil | CNN Business Read More »

Oil storage

Oil falls as markets fear further action from the US Fed | OilPrice.com

Crude prices fell significantly at the start of the week despite robust US economic data coupled with strong employment numbers and a positive industrial PMI. Chart of the week Late and lax, oil price cap fails to impress markets – Oil prices are in freefall this week, with WTI returning to levels just above $75 …

Oil falls as markets fear further action from the US Fed | OilPrice.com Read More »