The short answer: investment deals.
The scale, liquidity and stability of U.S. financial markets are partly behind the phenomenon.
We take a look at why financiers have flocked to Riyadh for face time with the crown prince.
The answer involves Saudi Arabian billions pouring into sports to buff up the kingdom’s reputation.
The Saudis invited the Russians to the table and rolled out the red carpet. But the Russians haven’t always done what the Saudis want.
Cutting production usually leads to an increase in prices. Here’s why that might not be the case this time.
The kingdom’s actions are not a violation of sanctions.
And if it doesn’t work, they’ll cut production.
The state-run oil giant is notoriously opaque. But as it moves forward with going public, prospective investors have been demanding details about how the company is run.
Demand for oil is growing, but barely; it’s at the lowest rate in a decade.
