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Saudi Arabia"s $500 million mega-city Neom is creating plans to harvest an unprecedented amount of data from future residents. Experts say it"s either dystopian or genius.
Neom's head of technology told ZDNet that Neom would function as the world's first "cognitive city," which can anticipate residents' needs. A composite i.....»»
Stephen Bechtel Jr., steward of his family’s engineering firm, dies at 95
He led Bechtel for three decades, expanding an already sprawling operation with projects including the Channel Tunnel and Jubail Industrial City in Saudi Arabia......»»
Why the city of St. Louis is a big winner in $1.9T stimulus package
The city is expected to receive more than twice as much from the $1.9 trillion federal stimulus bill passed Wednesday than any other Missouri municipality, according to an estimate being circulated by the Municipal League of Metro St. Louis......»»
Market Extra: What’s next for oil after prices go negative? Saudis, other producers expected to do more to curb supply
Looks like that price war worked a little too well. While it was the U.S. benchmark that collapsed into negative territory for the first time ever on Monday, Saudi Arabia and other major oil-producing countries are.....»»
Pandemic could trigger urban flight
The lasting fallout of the urban flight, triggering further income inequality and budget shortfalls, according to city business leaders. “What oil is to Saudi Arabia our workforce is to New York,â€... To view the full story, click the title link......»»
Global oil output cuts held hostage to standoff
Oil producers in the OPEC+ group, led by Saudi Arabia and Russia, were expected to pressure Mexico on Friday to seal an accord for a collective cut in output of 10 million barrels per day, before asking other nations for a further 5 million bpd of cuts......»»
Global oil output cuts held hostage to Mexican standoff
Oil producers in the OPEC+ group, led by Saudi Arabia and Russia, were expected to pressure Mexico on Friday to seal an accord for a collective cut in output of 10 million barrels per day, before asking other nations for a further 5 million bpd of cuts......»»
Trump says he had good call with Putin, Saudi king on oil
U.S. President Donald Trump said on Thursday he had a good conversation with Russian President Vladimir Putin and Saudi Arabia's King Salman and expected that OPEC and other countries would be announcing a deal soon......»»
Trump says he had good call with Russia"s Putin, Saudi king on oil
U.S. President Donald Trump said on Thursday he had a good conversation with Russian President Vladimir Putin and Saudi Arabia's King Salman and expected that OPEC and other countries would be announcing a deal soon......»»
Futures Movers: Oil prices rise as key OPEC+ production conference gets under way
Oil futures climb on Thursday as investors awaited the outcome of a crucial meeting of OPEC and its allies that is expected to lead to an agreement to cut global crude production and end a price war between Russia and Saudi Arabia......»»
Will the US Join Saudi Arabia, Russia to Cut Crude Oil Production?
The members of OPEC along with Russia and others are expected to meet Monday to discuss reducing crude production by up to 10 million barrels a day. The United States may not be present in person but........»»
U.S. crude futures trim record gain
Benchmark U.S. crude fell more than 1% in early trade on Friday, coming off its biggest one-day gain in the previous session after U.S. President Donald Trump said he expected Saudi Arabia and Russia to announce a major oil production cut......»»
Oil surges 35% after Trump says he expects Saudi Arabia and Russia to end their price war
Evan Vucci/AP Oil prices surged as much as 35% on Thursday after President Donald Trump said he expected Saudi Arabia and Russia to reach a deal that could e.....»»
Dallas Fed"s Kaplan says the expected Saudi-Russia oil production cut "obviously helps"
The announcement by President Donald Trump that Saudi Arabia and Russia plan to cut oil production by 10 million barrels is a welcome development, said Dallas Fed President Robert Kaplan on Thursday. ".....»»
Oil rises as Trump talks up Saudi-Russia truce, recession fears limit gains
Oil prices jumped 8% on Thursday after U.S. President Donald Trump said he expected Saudi Arabia and Russia to reach a deal soon to end their battle for market share but gains were capped by fears of a global recession due to the coronavirus......»»
Oil rallies as Trump talks up truce hopes for Saudi-Russia price war
Crude oil futures jumped 10% on Thursday after U.S. President Donald Trump said he expected Saudi Arabia and Russia to reach a deal soon to end their oil price war and Russian President Vladimir Putin called for a solution to "challenging" oil markets......»»
Oil jumps as Trump talks up truce hopes for Saudi-Russia price war
Crude oil futures surged on Thursday after U.S. President Donald Trump said he expected Saudi Arabia and Russia to reach a deal soon to end their oil price war and Russian President Vladimir Putin called for a solution to "challenging" oil markets......»»
Oil surges as Trump talks up hopes for truce in Saudi-Russia price war
Crude oil futures jumped nearly 5% in early trading on Thursday after U.S. President Donald Trump said he expected Saudi Arabia and Russia to reach a deal in the next few days to end their oil price war......»»
Trump says he expects Saudi-Russia oil production deal in coming days
U.S. President Donald Trump said on Wednesday he expected Saudi Arabia and Russia to reach a deal in the next few days on oil production to end a price war that has "ravaged" the oil industry worldwide......»»
Futures Movers: Oil prices end higher as move toward U.S. stimulus package fuels optimism
Oil futures end higher Wednesday, giving up earlier declines as optimism surrounding the $2 trillion U.S. stimulus package eventually helped to calm worries about growing supply amid a price war between Saudi Arabia and Russia......»»