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...Crown Prince Mohammed bin Salman wants to use oil profits to fund an ambitious programme to modernise the kingdom and diversify the economy....
...The IEA predicts oil demand will grow by 1.2mn b/d, about half the pace of 2023, while Opec believes demand growth will be higher at 2.2mn b/d....
...In a second presidency, he’d be more efficient at turning wealth into power....
...cut by 211,000 b/d and 135,000 b/d respectively....
...At present, Saudi Arabia produces about 9mn b/d, compared with a maximum of about 12mn b/d....
...SALMAN RUSHDIE: I think I'd better start pretending I did it on purpose. [LAUGHTER] INTERVIEWER: You heard it first here....
...Saudi Arabia will prolong its 1mn-barrels-a-day production cut — first implemented in July and dubbed the “Saudi lollipop” or sweetener for the oil market by energy minister Prince Abdulaziz bin Salman —...
...Its output has been reduced from about 10.5mn b/d in April to about 9mn b/d, through a combination of Opec+ mandated production targets and its voluntary cuts....
...It draws inspiration from the Dravidian ruins mourned in VS Naipaul’s India: A Wounded Civilisation (1977) and conjured from epic poetry in Salman Rushdie’s novel Victory City (2023)....
...And as a country, the UK needs to find . . . opportunities for foreign direct investment, so I don’t think we’d cut off our nose to spite our face,” said Ellis, who is due to retire from PwC in June after...
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...This cut, was first introduced in the summer as a one-month deal (or “lollipop” for the market, to use Saudi energy minister Prince Abdulaziz bin Salman’s unique turn of phrase)....
...Salman Toor: New Paintings and Drawings is at M Woods, Beijing, until 9 March...
...Much of the diverging fortunes stem from Carlyle’s fumbled succession from its three billionaire founders, David Rubenstein, William Conway and Daniel D’Aniello, who founded the New York and Washington-based...
...Its production target will increase by around 200,000 b/d from January to 3.2mn b/d....
...Saudi Arabia’s energy minister Prince Abdulaziz bin Salman has claimed to be inspired by former Federal Reserve chair Alan Greenspan, but the central banker he appears to most frequently channel is Mario...
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...Crown Prince Mohammed bin Salman of Saudi Arabia personally greeted President Ebrahim Raisi of Iran. Here’s Mohammed bin Salman addressing the summit....
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...Saudi Arabia’s energy minister, Prince Abdulaziz bin Salman, the half- brother of prime minister and crown prince Mohammed bin Salman, has argued the world is underinvesting in oil supplies....
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...“At the end of the day, money talks and you’d rather have [the PIF] as a partner.” It was not just golf that was stunned....
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