On January 24th, Trump announced at the World Economic Forum in Davos, Switzerland on Thursday that he would ask Saudi Arabia and OPEC to lower oil prices, and said he would ask Riyadh to increase its proposed investment package in the United States from an initial $600 billion to $1 trillion. "If oil prices go down, the Russian-Ukrainian conflict will end immediately," Trump: "Now, oil prices are high enough for the conflict to continue - oil prices must come down." After these remarks, interna...
According to market sources, the chief executive of Kingdom Holding said: "We are not considering investing in cryptocurrencies at this time." It is reported that the Kingdom of Saudi Arabia Holding Company is headed by the board of directors of Prince Walid bin Talal bin Abdul Aziz Al Saud, and the holding company ranked second among the 100 largest Saudi companies in 2002 and first among private enterprises.
Saudi Arabia has set the official price of Arab light crude oil sold to Asia in February 2024 at a premium of $1.50 per barrel over the average Oman/Dubai price.
According to government data, Saudi Arabia's oil exports fell 24.5% year-on-year in September.
According to market news, Gulf oil producers such as Saudi Arabia, the United Arab Emirates or Qatar may be buying bitcoin at the sovereign level. The relevant sovereign funds may disclose the relevant news during the Bitcoin Summit in Abu Dhabi on December 9-10. At present, the total asset management size of Saudi PIF, UAE ADIA and Qatar QIA has exceeded 2 trillion US dollars. With the total market value of bitcoin has surpassed the world's largest oil company...
Sources: Saudi Aramco may lower the price of most of its crude oil sold to Asia in December.
Ken Griffin, founder of Citadel Investment Group, predicted at the Future Investment Initiative Summit in Saudi Arabia on Wednesday that Trump would be re-elected as president of the United States. "The expectation today is that Donald Trump will win the White House in just a few short days. We'll know soon," Griffin said. Griffin also commented on market volatility, suggesting the election outcome would reduce uncertainty and benefit asset prices. He said: "We are at the most uncertain moment. ...
The recent double bearish factors have pulled down oil prices. Will Saudi Arabia adopt an aggressive policy? Oil may have opened up a new trading range, and the market seems to be achieving some kind of balance... > >
On October 7th, local time on the 6th, the Saudi Royal Court issued a statement saying that at the advice of the Royal Clinic, King Salman was admitted to the hospital for medical examination due to lung inflammation on the evening of the 6th.
Saudi Aramco: Saudi Arabia has set the official price of Arab light crude oil sold to Asia in November at $2.20 premium to the average Oman/Dubai price.
Saudi Aramco: Saudi Arabia has set the official price of Arab light crude oil sold to the United States in November at $3.90 premium to the price of Argus sour crude oil.
Gold bulls are waiting for work, paying attention to key positions to break through and point out the direction; Saudi Arabia's production increase news has caused oil prices to fall rapidly, and the key buffer can be found here > >
According to the Financial Times, Saudi Arabia is ready to drop its crude oil target of $100 a barrel in order to regain market share.
On September 12, Foreign Ministry Spokesperson Mao Ning presided over a regular press conference. Mao Ning introduced that during his visit, Premier Li held talks with Saudi Crown Prince and Prime Minister Mohammed Mohammed and co-chaired the fourth meeting of the China-Saudi High-level Joint Committee. Premier Li also held talks with representatives of Saudi Arabia's business community. Premier Li Qiang said that China places the development of relations with Saudi Arabia as a priority in China...
Market news: Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman have decided to extend their voluntary production cuts.