‘They Want To Secure Oil Supplies’: China Offers To Buy 5% Of Saudi Aramco

“They are willing to take the whole 5 percent, or even more, alone.”

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Saudi Aramco May Ditch International IPO Plans: FT

We’ll say it again: the obvious question here is what this means for bin Salman’s “Vision 2030” and for the crown prince’s economic reform platform more generally.

Circus.

Come one, come all.

Behold: ‘Proof’ That Markets Are Still Efficient.

Again: who said markets are no longer efficient?

‘People Are Scared To Put Money In’ – Qatar Stocks Extend Horrific Slide

“…investors did not take the remarks as a sign that the dispute was moving closer to resolution.”

Qatar Stocks Plunge To Lowest Since 2013

“Remember: all of this so Saudi Arabia can deflect blame for Riyadh’s support of Sunni extremism and punish Doha for adopting a more conciliatory stance toward Tehran.”

Qatari Stocks Fall For 5th Day After Phone Call With Saudis Goes Horribly Wrong

If you have any ideas on how to get negotiations up and running again, please contact the appropriate parties in Riyadh and Doha – just make sure you don’t say they called you.

4 Round Numbers, Apple, And Wednesday In Charts

Just another day in Wonderland…

Saudi State Media Accuses Qatar Of Bribing ‘Sorcerers,’ ‘Harnessing Genies’

“Sorcerers from Senegal and Mauritania get millions of dollars after sheikhs in Qatar offer to bring down spirits and harness genies to solve the crisis.”

“SAR”-ry: Is It Time To Talk About The Saudi Riyal Peg Again?

Remember back in late 2015/early 2016 when everyone was panicking about the Saudi riyal peg after the kingdom cut subsidies in an effort to plug a yawning budget gap? Basically, Riyadh set out to implement austerity as an offset to plunging crude prices and as a means of stanching the attendant SAMA burn. That spooked…

Stocks Dive In “Fearless” Qatar As Deadline Looms, Banks Halt Riyal Trading

“There is no fear from our direction. We are ready to face the consequences.”

An Open Letter From Al Jazeera To The World

“We have been accused of bias, of catalysing the Arab Spring, of having an agenda, and of favouring one group over another. We reject these allegations and our screens are a testament to our integrity.”

“Mercury Rising”: Here Are The 4 Mideast “Flashpoints” Markets Should Fear

“The implications are far reaching, with scarcely a country in the region not at risk of being drawn in.”

In Saudi-Qatar Spat, “Terrorist” Is A Political Term

“There is no question that these individuals are connected to Qatar, but the question of whether they are “terrorists” or not is essentially political.”

“Hakuna Matata”?

“In our opinion, this is not dangerous market complacency but a reflection of an abnormally tranquil macro environment, with a benign economic outlook, very supportive financial conditions, and lower political risks”…