Relations between Saudi Arabia and Iran – two Middle Eastern powerhouses who are both founding members of the Organization of Oil Exporting Countries (OPEC) despite the fact that global bans have, until recently, limited Iranian oil exports – have deteriorated following Riyadh’s execution of Shiite cleric Nimr al-Nimr on Saturday.

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“My entire career, I’ve only really worked with the same subject matter, ” Bowie told The Associated Press in a 2002 interview.

Wood was employed by a helicopter firm working with Australia’s Antarctic programme.

Michael McCarthy on Monday pleads not guilty to first-degree murder in the killing of 2-year-old Bella Bond.

Saudi Arabia won’t limit production and will seek to supply any demand from the market, Ali Al-Naimi, the country’s oil minister, said December 30 on state television.

Right now geopolitical tensions are as high as they’ve been in a long time, and the oil markets do not like it at all.

Top officials in the party of President Enrique Pena Nieto also floated the idea of extradition, which they had flatly ruled out before Guzman’s embarrassing escape from Mexico’s top maximum security prison on July 11 — his second from a Mexican prison.

On December 28, WTI and Brent crude oil prices fell more than 3%, as the world fourth largest crude oil buyer, Japan, reported that its crude oil consumption is at a 46-year low. This is despite the fact that many OPEC members, including the Saudis, are feeling the pain of

As part of that effort, General Motors is investing $500 million in the Uber competitor, Lyft announced Monday morning.