Tag Archives: Saudi

(Bloomberg) — Brent oil erased gains as the market shrugged off an attack on the world’s largest crude terminal in Saudi Arabia. Futures in London earlier surged above $71 a barrel, the highest since January 2020, before later trading below $70. The assault on a storage tank farm at the Ras Tanura terminal on Sunday was intercepted, Saudi Arabia said, and oil output appeared to be unaffected. Oil has rebounded this year amid OPEC+ supply cuts and recovering demand, with economies emerging… Source link

TipRanks Goldman Sachs Says These 3 Stocks Could Surge Over 30% From Current Levels After a true annus horribilus, we’re all ready for better times. The US equity strategy team at Goldman Sachs, led by David Kostin, sees those better time ahead, and in the near-term. The team is predicting a 25% gain for the S&P 500 within the next 24 months – or to put it in absolute numbers, they believe the index will hit 4,600 by December 2022. Kostin lays out four clear reasons for believing that… Source link

By Marwa Rashad RIYADH (Reuters) – Saudi Arabia finally congratulated Joe Biden on Sunday over his election victory, more than 24 hours after he defeated Donald Trump, who had close personal ties with Crown Prince Mohammed bin Salman. The former U.S. vice president pledged in his campaign to reassess ties with the kingdom, demanding more accountability over the killing of Saudi journalist Jamal Khashoggi in Riyadh’s Istanbul consulate and calling for an end to U.S. support for the Yemen war. As… Source link

WASHINGTON — Former CIA Director John Brennan said it is “outrageous” for President Trump to talk about inviting Saudi Crown Prince Mohammed bin Salman to Washington when he should be treating the Saudi leader as a “pariah” for the murder of Washington Post columnist Jamal Khashoggi.  Brennan’s comments, made during an interview on the Yahoo News “Skullduggery” podcast, came shortly after Trump on Friday announced plans to hold a “big beautiful party” after the election… Source link

[unable to retrieve full-text content]Ex-CIA Director Brennan: ‘Outrageous’ for Trump to talk of inviting Saudi crown prince to D.C.  Yahoo News Source link