News

Saudi Arabia’s state-owned oil giant Aramco posted first-quarter profits of $26 billion on Sunday, down 4.6% from the prior ...
Saudi Arabia’s state-owned oil giant Aramco posted first-quarter profits of $26 billion, down 4.6% from the prior year ...
Riyadh may tighten spending or raise taxes, while analysts warn the deficit could exceed $67 billion if Brent averages $62 ...
The oil market appears to be telling Saudi Arabia that its shift to pumping more oil after five years of cutting output was ...
Saudi Arabia is boosting oil output, pressuring U.S. shale producers and shaking markets. Here's how this move could impact ...
It’s no secret that countries with outsized oil production maintain an advantage over other countries. This typically ...
Saudi Arabia wants U.S. help developing its own civil nuclear program, and the Trump administration says it’s “very excited” ...
Trump’s agenda will likely include Israel-Gaza ceasefire talks, oil, trade, investment deals, and potential announcements on ...
The OPEC+ oil cartel, which is de facto led by Riyadh, has increased production—causing barrel prices to hit a four-year low.
Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...
OPEC+ stunned the oil market by doubling its planned supply increase and raising prices for Asia, sparking speculation about ...
Saudi Arabia's non-oil private sector activity expansion slowed in April as growth in new orders decelerated sharply, even as ...