TITLE

RISK SUMMARY: SAUDI ARABIA

PUB. DATE
June 2005
SOURCE
Middle East Monitor: The Gulf;Jun2005, Vol. 15 Issue 6, p2
SOURCE TYPE
Country Report
DOC. TYPE
Country Report
ABSTRACT
The article presents news from oil producing countries about oil market. The Saudi Arab's quest for World Trade Organisation (WTO) membership still faces some significant barriers. Talks between Saudi and U.S. officials in March and April were seen as a positive sign for U.S. support of Saudi accession, as was the invitation of Crown Prince Abdullah to U.S. President George W. Bush's Texas ranch (normally reserved for key allies) later in April. However, the Kingdom appears reluctant to open up the financial services sector as much as the WTO is expected to demand.
ACCESSION #
17089137

 

Related Articles

  • Prices drop on OPEC decision.  // MEED: Middle East Economic Digest;12/5/2003, Vol. 47 Issue 49, p12 

    Reports on a decline in oil prices in relation to a decision by the Organization of Oil Producing & Exporting Countries (OPEC) to leave its output ceiling unchanged on December 4, 2003. Trading of Brent per barrel following the decision of OPEC; Reaction of producers to the move of OPEC to roll...

  • The Target Revenue Model and the World Oil Market: Empirical Evidence from 1971 to 1994. Alhajji, A. F.; Huettner, David // Energy Journal;2000, Vol. 21 Issue 2, p121 

    This study draws on other studies that concluded OPEC is not a cartel and Saudi Arabia acts as a dominant producer in the world oil market. The intention here is to see whether the Target Revenue (TR) model provides an explanation for the behavior of some OPEC members that do not coordinate...

  • Rolling out the barrels. Dutta, Ashok // MEED: Middle East Economic Digest;11/3/2006, Vol. 50 Issue 44, p8 

    This article focuses on the growing doubts among observers that the Organization of Petroleum Exporting Countries (OPEC) will be able to keep to its commitment to deliver the output cuts its president promised at an emergency meeting in Doha, Qatar. OPEC called it "an act of interim...

  • OPEC Deadlocked As Iran, Saudis Harden Positions On Cuts Deal.  // Investors Business Daily;11/29/2016, p1 

    The article reports that the Organization of Petroleum Exporting Countries' (OPEC) latest deal to curtail oil production appeared in jeopardy as Iran decided not to make cuts while Saudi Arabia insisted Tehran must be willing to play a meaningful role in any agreement. Ministers gathering in...

  • Trade deficit to shrink.  // Asia Monitor: South East Asia Monitor Volume 1;Feb2005, Vol. 16 Issue 2, p5 

    This article informs that Vietnam's exports have been growing faster than imports in 2004 and as a result the full-year trade deficit will narrow. Faster-than-expected growth in exports is mostly due to the higher price of oil, of which Vietnam is a net exporter. Vietnam's exports during the...

  • Country Risk Summary: MOROCCO.  // Africa Monitor: North Africa Monitor;Sep2004, Vol. 9 Issue 9, p2 

    The government has lifted visa requirements for Algerian nationals entering the kingdom, signalling a tentative warming of relations. Bitter differences between the two countries have long impeded the regional integration efforts of the Arab Maghreb Union (AMU), an institution that also includes...

  • International Energy Agency: How the Agency Prepares Its World Oil Market Statistics: RCED-99-142.  // GAO Reports;5/7/1999, p1 

    Oil companies, investment firms, governments, and other players in the world oil market need timely and accurate information on world oil supply, demand, and stocks to make decisions about current and future sales and purchases of oil. The International Energy Agency (IEA), which was established...

  • Oil Prices and the U.S. Trade Deficit. Cavallo, Michele // FRBSF Economic Letter;9/22/2006, Vol. 2006 Issue 24, p1 

    The article examines the relationship between the sudden increase in oil prices and the trade deficit in the U.S. From January 2002 to July 2006, the overall monthly trade deficit went from $30 billion to $68 billion. In addition, the petroleum-related trade deficit went from $6 billion to $26...

  • Understanding the True Dynamics. Engdahl, William F. // Military Technology;2006, Vol. 30 Issue 4, p22 

    The article discusses the clarification regarding the oil bourse in Iran which is said to be the real reason of the conflict between the U.S. and Iran. Accordingly, the establishment of an oil bourse in the country which can be traded in various currencies triggers the role of dollars as a...

Share

Read the Article

Courtesy of NEW JERSEY STATE LIBRARY

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics