Thursday, September 17, 2026

The Inside Story of the Saudi Night of Long Knives: a Pre-emptive Coup?

From Asia Times Princes, ministers and a billionaire are ‘imprisoned’ in the Riyadh Ritz-Carlton while the Saudi Arabian Army is said to be in an uproar The House of Saud’s King Salman devises an high-powered “anti-corruption” commission and appoints his son, Crown Prince Mohammad Bin Salman, a.k.a. MBS, as chairman. Right on cue, the commission detains 11 House of Saud

Oil & Gas 360 - Venezuela will stick to its plan of blending domestic and foreign crude to maintain and even increase oil production and exports in the face of sanctions prohibiting U.S. companies from buying the country’s oi

Gramercy Says Venezuela Debt Saga Will Be Worse Than Argentina’s

From Bloomberg Koenigsberger says debt restructuring may take three years ‘Let’s restructure really means let’s default,’ he says Of the many sovereign bonds restructurings Robert Koenigsberger has witnessed in his three decades in the business, none will come close to Venezuela, he says. The 52-year-old distressed debt investor says that the Trump administration’s sanctions on President Nicolas Maduro and other

Canadian Heavy Oil Prices are Falling Faster than Global Crude Benchmarks - Oil & Gas 360

Oil Surges 3.5% on Saudi Purge, Highest Since Mid-2015

From Reuters NEW YORK (Reuters) – Oil prices rose 3.5 percent on Monday, hitting the highest since early July 2015, as Saudi Arabia’s crown prince cemented his power with an anti-corruption crackdown, while the U.S. rig count fell and markets continued to tighten. Brent crude futures LCOc1 settled up $2.20, or 3.5 percent, to $64.27 per barrel. U.S. West Texas