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Tag Archives: Saudi Arabia

An undivided GCC is in Pakistan’s favor

An undivided GCC is in Pakistan’s favor

In June 2017, Saudi Arabia, the UAE, Bahrain and Egypt broke off diplomatic and transportation links with Qatar over its support for extremist groups. They imposed bans on shipping, trade, direct flights, overflights and land crossings with Qatar. After two …

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The World’s Biggest Oil Producers

Infographics

After drone attacks on two major oil facilities in Saudi Arabia on Saturday, half of the country’s production capability has been knocked out. How much of an impact will this have on global oil supplies? As the latest data from BP shows, Saudi Arabia …

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What after pushing Iran out of oil market?

What after pushing Iran out of oil market

Many analysts believe that the decision of US President, Donald Trump to end the exemptions regarding buying Iranian crude oil is a double-edged sword. On one hand, he doesn’t want oil prices to go up and on the other hand he is adamant at …

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Pakistan sees a slight fall in imports

Pakistan sees a slight fall in imports

The Ministry of Finance statistics showed that Pakistan’s imports are mostly concentrated in a few markets. The country’s imports from states like China, Saudi Arabia, UAE, and Indonesia constitutes greater than 50 percent of the total imports. During fiscal year …

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Top 10 Oil Producing Countries

Infographics

Saudi Arabia has pushed oil production to an all-time high, causing the price of oil to drop to $50 per barrel. The United States produces the greatest volume of oil in 2017, totaling 571 million tons of oil in 2017. Saudi Arabia and Russia came …

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Can Saudi package resolve all the woes of Pakistan?

Can Saudi package resolve all the woes of Pakistan?

Reportedly, Saudi Arabia has finally agreed to offer Pakistan a US$6 billion support package to overcome its prevailing precarious current account deficit crisis. According to the details the Kingdom will transfer US$3 billion directly to Pakistan, while another one-year deferred …

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