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The Latest Breaking News from Saudi Arabia

Crude Prices Gain on Dollar Weakness and Strong Economic News

January WTI crude oil (CLF24 ) this morning is up +1.93 (+2.58%), and Jan RBOB gasoline (RBF24 ) is up +0.0578 (+2.69%). Crude oil and gasoline prices this morning are moderately higher. Today's slump in the dollar index (DXY00 ) to a 3-1/2 month low is bullish for energy prices....

Barchart

India has major role in promoting peace globally: Saudi envoy

Arab nations urge India to play key role in sustaining peace, stability in world. Saudi Ambassador calls for permanent ceasefire in Gaza Strip. Arab-Islamic Foreign Ministers tour world capitals to explain need for peace, ceasefire.

The Hindu

The head of the Middle East's largest private oil producer says we'll need '100 times more' renewable energy to meet demand

“You need to add a new Saudi Arabia every two years just to meet the current demand," Crescent Petroleum CEO Majid Jafar said at Fortune's Global Forum in Abu Dhabi.

Fortune

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Crude Prices Fall as OPEC+ Members Disagree on Crude Production Quotas

January WTI crude oil (CLF24 ) on Monday closed down -0.68 (-0.90%), and Jan RBOB gasoline (RBF24 ) closed up +0.0088 (+0.41%). Crude oil and gasoline prices on Monday settled mixed. Crude prices are under pressure from a dispute among Saudi Arabia and other OPEC+ members on crude production levels....

Barchart

Revealed: Saudi Arabia’s grand plan to ‘hook’ poor countries on oil

Climate scientists say fossil fuel use needs to fall rapidly – but oil-rich kingdom is working to drive up demand

The Guardian - UK

Sunak woos business elite with royal welcome – but they seek certainty

Bosses have doubts despite glitzy summit seeking investment from US, Saudi Arabia and others

The Guardian - UK

Crude Prices Slip on a Rift Among OPEC+ Members on Crude Production

January WTI crude oil (CLF24 ) this morning is down -0.31 (-0.41%), and Jan RBOB gasoline (RBF24 ) is up -0.0120 (+0.56%). Crude oil and gasoline prices this morning are mixed. Crude prices are under pressure from a stronger dollar and a dispute among Saudi Arabia and other OPEC+ members...

Barchart

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Italy And Saudi Arabia Discuss Expanding Cooperation In Oil, Gas and Mining

A high-level meeting between Italian and Saudi officials took place Monday ahead of this week's landmark international climate conference.

International Business Times

UK ministers approved £60m payments to Saudi royals to maintain arms deal, court told

Payments allegedly facilitated by senior government and military figures to secure arms contracts for British firms

The Guardian - UK

WATCH: Cristiano Ronaldo visits his own CR7 museum and waxwork in Saudi Arabia

The Portuguese has posed alongside a new wax figure in Riyadh after the opening of a new space showcasing his football story

FourFourTwo

Ancient 20-inch-long hand ax discovered in Saudi Arabia may be world's largest

What may be the world's largest prehistoric hand ax, measuring over 20 inches long, was found in Saudi Arabia.

LiveScience

Newcastle United WILL look to Saudi Arabia for players in January, and here’s is why

The Premier League stakeholders vote is a lifeline that could save Eddie Howe’s injury headaches and possibly Newcastle’s season

FourFourTwo

Revealed: how top PR firm uses ‘trust barometer’ to promote world’s autocrats

Edelman, world’s largest public relations company, paid millions by Saudi Arabia, UAE and other repressive regimes

The Guardian - US

Houthi attacks on Israel jeopardise Saudi peace efforts in Yemen

US reportedly willing to attack Houthi military sites unless Houthis release Israeli-linked ship seized on Sunday

The Guardian - UK

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Al Jazeera

What’s behind the Arab-Islamic ministerial tour of UNSC states?

By starting in China, the committee may be trying to gather global support to present to nations so far backing Israel.

The Independent UK

Blackpool’s Jake Daniels calls Jordan Henderson’s move to Saudi Arabia a slap in the face

Daniels is the only openly gay male professional footballer in the UK

International Business Times UK

Lionel Messi vs Cristiano Ronaldo Final Showdown Confirmed By Saudi Arabia

However, Messi's club, Inter Miami CF, has denied its participation in the event, leading to some confusion.

The Independent UK

Jordan Henderson’s move to Saudi Arabia a slap in the face for Jake Daniels

Daniels is the only openly gay male professional footballer in the UK.

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RideApart

2024 Dakar Rally Schedule Includes New Monster 48 Hour Stage

2024 Dakar Rally organizers have released all the details ahead of the January 2024 event in Saudi Arabia, and Stage Six will be a unique 48-hour challenge.

Investors Business Daily

Energy Giants Exxon, Chevron Follow Oil Prices On OPEC+ Meeting Delay

Exxon Mobil and Chevron both edged higher Friday.

The Guardian - UK

Meet the AI-created football expert aiming to teach Infantino a lesson

‘Hope Sogni’ is launching a hypothetical Fifa election campaign to represent women and show game could be run differently

Fortune

Oil-rich Saudi Arabia is shelling out for the world’s top sports, but can Mohammed bin Salman buy himself an auto industry?

With Hyundai and tire maker Pirelli setting up plants, the ruler has already struck key deals, but experts doubt the investments are self-sustaining.

Evening Standard

Eden Hazard took heartfelt decision to reject £50m offer and retire, ex-Chelsea teammate reveals

Belgian winger hung up his boots at 32 to spend time with his family

Autosport

Dakar Rally 2024 route: dates, stages, distance and more

The 46th edition of the Dakar Rally will start on 5 January, with a route entirely in Saudi Arabia.

Motorsport

Dakar Rally 2024 route: Dates, stages, distance and more

The 46th edition of the Dakar Rally will start on 5 January, with a route entirely in Saudi Arabia.

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