The U.S.'s delicate balance between arms deals and diplomacy

May 19, 2017
President Trump is headed to Saudi Arabia, the first stop on his first foreign trip as president. The Saudis buy a lot of weapons from the U.S., and more arms deals could be announced this weekend. The U.S. keeps careful tabs on who buys American-made weapons and what they buy. There is sometimes a delicate […]

Trade is center stage as President Trump heads to Saudi Arabia

May 19, 2017
President Trump travels to Saudi Arabia today, the first stop on his first foreign trip as president. A number of American CEOs are also tagging along because, it turns out, there are deals to be done in Saudi Arabia. Click the audio player above to hear the full story.  

Why a little cut in oil supply can have a big impact on price

May 15, 2017
Saudi Arabia and Russia announced plans to cut their amounts of oil going onto the market. That has suppressed oil prices. The two countries make up a significant part of the oil market, but not that much. So why can a minor cut in supply affect the price worldwide? Because the oil market has something […]

Why boom-bust oil prices may be here to stay

Apr 18, 2017
Robert McNally's 'Crude Volatility' looks at the cycle in a historical context.
“I think the sort of the next rude shock perhaps in the oil markets is that we will be thirstier for oil for a lot longer than folks hope and expect,” says energy analyst Robert McNally.
ROBYN BECK/AFP/Getty Images

Saudi Arabia offers $17.5 billion in bonds

Oct 19, 2016
The sale comes as the kingdom faces huge budget deficits.
Vehicles drive past a construction site of a section of the Saudi capital Riyadh's $22.5 billion metro system. Many of Saudi Arabia's investment in public infrastructure projects, such as the metro, occurred just before a sharp decline in oil prices.
FAYEZ NURELDINE/AFP/Getty Images

Saudi deputy crown prince meets President Obama

Jun 17, 2016
Mohammed bin Salman is plugging his country's reform plans and mending fences.
Mohammed bin Salman arriving at a summit held in the Saudi capital Riyadh in 2015. 
FAYEZ NURELDINE/AFP/Getty Images

We finally know how much U.S. debt is owned by Saudi Arabia

May 18, 2016
The answer to a question you didn't even know you had.

For public good, not for profit.

Fires and those who have been fired cause oil uncertainty

May 9, 2016
Saudi Arabia has a new oil minister. Canada has the worst wildfires in years.
Khalid al-Falih speaking during a press conference last year.
MOHAMMED AL-SHAIKH/AFP/Getty Images

Saudi Arabia is pushing for the biggest ever IPO

Apr 26, 2016
The kingdom is selling a slice of its oil company to wean itself off the oil industry.
Aramco's Al-Khurais central oil processing facility.
MARWAN NAAMANI/AFP/Getty Images

The 31-year-old prince who wants to ease Saudi Arabia off oil

Apr 22, 2016
Mohammed bin Salman has a plan to bring his kingdom into the post-carbon future.
Saudi Prince Mohammed bin Salman, second from left, wants to find new revenue streams for his kingdom.
FAYEZ NURELDINE/AFP/Getty Images