Saudi Arabia

[behappyalways]

拜登訪沙尚未敲定 批評聲浪已排山倒海 TVBS文茜的世界周報 20220612
https://m.youtube.com/watch?v=bFoDKeTbdfY

[winston]

by behappyalways:-

Biden Says Saudis Lying After FM "Didn't Hear" Him Confront MbS On Khashoggi's Killing

Source: Zero Hedge

https://www.zerohedge.com/geopolitical/ ... is-killing

[behappyalways]

China And Saudi Arabia Intensify Energy Cooperation With Critical Deal
https://www.zerohedge.com/energy/china- ... tical-deal

[behappyalways]

The Saudi prince: how dangerous is MBS?
https://m.youtube.com/watch?v=tK1OTQzyiX8

[behappyalways]

一千零一夜遇上現代文明 利雅德展現反差魅力｜FOCUS午間新聞 20220830
https://m.youtube.com/watch?v=10kGwJgr1fI

[behappyalways]

Saudis Using Snitching App Sold By Google To Identify Dissidents
https://www.zerohedge.com/markets/saudi ... dia-police

[behappyalways]

Gas-Hungry Germany Approves Arms Deal With Saudi Arabia
https://www.zerohedge.com/geopolitical/ ... udi-arabia

[winston]

Biden Should Hit Saudi Arabia Where It Really Hurts

by Bobby Ghosh

2 million barrels — is misleading. Because many OPEC members aren’t meeting their output targets, the real cut would be in the region of 950,000 barrels per day.

“NOPEC” bill, which would target the entire cartel for antitrust action.

Blocking military sales to the Saudis and withdrawing the American security umbrella from the kingdom would hurt US arms makers and empower Iran, which represents a far greater threat to the world economy than $90 oil.

The smarter course for Biden would be to portray the production cuts, not as a personal slight or even a poke in the eye of America, but as a hindrance to a global economic recovery.

Source: Bloomberg

https://www.washingtonpost.com/business ... story.html

[winston]

Why Riyadh rebuffed Biden’s pleas for more oil

US attempts to revive a nuclear deal with Riyadh’s regional foe Iran, Saudi Arabia’s participation in Yemen’s war and what Gulf states perceived as a lack of protection from Washington against attacks from Iranian-backed proxies, have all contributed to tensions and a growing divergence in views.

Taken additional role of prime minister from his father, the king, formally making him head of government. It’s a move his lawyers have argued should also shield him from US legal cases related to Khashoggi.

Based on Saudi Arabia’s preliminary budget, officials are budgeting for Brent oil at around US$76 (RM352) a barrel next year. That’s about 20% below the price of oil this week, and far more bearish than expected by most analysts.

Source: Bloomberg

https://www.thestar.com.my/business/bus ... r-more-oil

[winston]

U.S. Looks To Punish Saudi Arabia For Large OPEC+ Cut

OPEC+ to cut 2m bpd will lead to:-
1. Further impetus to global inflation.
2. Boost the state revenues of Russia.
3. Increases the chances that Joe Biden will do poorly in the November mid-term elections.

This most recent two million bpd cut is set to last for 14 months, until December 2023.

1. SPR release are scheduled to end this month
2. EU ban on seaborne imports of Russian crude is scheduled to go into effect on 5 December

Source: OilPrice.com

https://finance.yahoo.com/news/u-looks- ... 00956.html