Crude Oil Prices

Saudi Arabia Pumps Record Amount of Oil as Trump Piles on Pressure

Gold Silver Reports (GSR) – The meeting, at which OPEC members will consider how to arrest a decline in oil prices, comes days after leaders of top global oil producers – Russian President Vladimir Putin, Saudi Crown Prince Mohammed bin Salman and Trump – travel to Argentina for a G20 summit this week.

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Damage Control In Saudi Arabia May Not Be Able To Stop The Capital Outflow

The Saudi stock market is in turmoil. Investors are losing their confidence and pulling money out of the country. The disappearance of journalist Jamal Khashoggi, which has brought Saudi Arabia under the spotlight, proved to be a major market event. President Trump vowed “severe punishment” if the journalist was killed. Initially, the country’s Crown Prince, Mohammed bin Salman, denied knowledge about this death.

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