Saudi Arabia Launches Its First Cloud Trading Platform
Saudi Arabia has introduced its first cloud analytics platform for investors and analysts. Wamid, the technology branch of Saudi Tadawul Group, partnered with BMLL Technologies…
Posts Tagged: Saudi Arabia
US Oil Prices Sink 2% to Below $59 a Barrel on Accelerated Output Fears
Crude oil futures plunged and are poised for their largest monthly decline in more than three years. Oil prices slumped in the middle of the…
US Crude Firms Above $80 After Saudi Arabia Raises Oil Prices for Asia
Crude oil futures soared in the middle of the trading week and shrugged off the latest US storage data. Investors concentrated on reports that Saudi…
Hedera Forges $250M Crypto Partnership with Saudi Ministry of Investment
In a landmark move for technological advancement, the POS blockchain platform Hedera has sealed a significant five-year partnership agreement with the Saudi Ministry of Investment,…
Crude Oil Tanks After Saudi Arabia Slashes Prices, OPEC Output Seen Rising
Crude oil futures cratered to kick off the trading week after Saudi Arabia slashed prices to all regions. Energy commodities are coming under additional pressure…
Crude Oil Extends Selloff Despite Major US Supply Build
Crude oil futures reacted very little to the larger-than-expected build in US inventories. Energy commodities have plummeted over the past month despite various bullish signals,…
Crude Oil Slumps As Investors Turn Skeptical on OPEC+ Agreement
Crude oil futures plummeted to close out the trading week, posting their second consecutive session loss. Despite production cuts by the world’s largest oil cartel,…
Natural Gas Flat After Higher-Than-Expected US Supply Build
Natural gas futures struggled for direction on Thursday after a larger-than-expected build in US inventories. The broader energy commodities tanked toward the end of the…