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The Organization of the Petroleum Exporting Countries on Saturday delayed a decision on whether to cut the cartel's oil output, but demand that is falling in the United States and unexpectedly weak in China makes it likely that the group will lower production at its Dec. 17 meeting in Algeria, analysts and OPEC ministers said. ...more
November 30, 2008
Gulf countries swimming in oil wealth are using the money to build huge industrial cities and gleaming financial centers to sustain them when the wells run dry. ...more
May 27, 2008
President Bush began two days of talks with Saudi leaders Monday as his administration sent formal notice to Congress of a controversial U.S. sale of "smart bomb" technology to this desert kingdom. ...more
January 15, 2008
The State Department formally announced Tuesday night that the United States has invited representatives of nearly 50 countries and institutions - including Saudi Arabia and Syria - to sit down with Israelis and Palestinians in Annapolis, Md., next week in a conference designed to kick-start substantive peace talks in the region. ...more
November 21, 2007
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