Dec 30, 2013 Saudi Arabia has made a $3 billion pledge to help Lebanon buy arms to counteract the role of Hezbollah.
Nov 12, 2012 The International Energy Agency is forecasting that the U.S. will become the biggest oil producer in the world within the next decade.
Oct 3, 2012 The OPEC oil embargo nearly 40 years was a shock to the U.S. and its economy. But the long-term effects proved a shock to Saudi Arabia and other OPEC members, who learned that oil and politics don't mix.
Jul 18, 2012 In his new novel, "A Hologram for the King," Dave Eggers muses on manufacturing and the global economy though the eyes of a struggling American businessman in Saudi Arabia.
May 14, 2012 The world's largest oil exporter isn't necessarily concerned about saving the planet. It's about being able to export even more crude.
Jan 18, 2012 Saudi Arabia is using a steady hand to ensure stable prices of oil, even if that means increasing supply. It's in their best economic interest.
Dec 28, 2011 Oil prices are down a bit this morning after a Saudi oil official said his country would pump more crude. That follows Iran's threat to block the Strait of Hormuz, where about one fifth of the world's oil passes through.
Dec 28, 2011 Halting, or even dislocating, the flow of one-fifth of the world's oil supply could send the price of crude into the stratosphere. But the oil market doesn't appear to take the threat seriously.
MID-DAY UPDATE: Gary Locke expected to be new U.S. Ambassador to China, Oil prices fall on OPEC discussions
Mar 8, 2011 Today President Obama is expected to nominate Commerce Secretary Gary Locke to be the new U.S. Ambassador to China. He'd be the first Chinese-Ame...