News

OPEC+ jolted markets by announcing it would flood the market with more oil.
Oil crept higher as Saudi Arabia surprised customers in Asia by hiking prices for its main crude grade, signaling a vote of ...
Saudi Aramco is raising crude prices globally next month despite OPEC+’s decision to significantly increase oil supply.
State energy firm Saudi Aramco raised the official selling price for its flagship Arab light crude to Asia loading in August ...
Oil prices edged downward in early trading across Asia on Tuesday, as investors absorbed growing geopolitical tensions triggered by new U.S. trade tariffs alongside concerns about rising global oil ...
OPEC oil output rose in June, a Reuters survey found, led by Saudi Arabia after an OPEC+ agreement to raise production, ...
Oil prices surged after Saudi Arabia and some other oil producers announced they're reducing their oil output. That will send gas prices higher – and benefit energy companies in America.
The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...
The expansion in Saudi Arabia's non-oil private sector activity accelerated in June, driven by robust client demand and a ...
Saudi Arabia’s economy has jolted into reverse, after the world’s largest crude oil exporter slashed output to prop up prices.. Saudi gross domestic product, the broadest measure of its ...
China and Saudi Arabia expressed aligned policies on a range of areas from security to oil in a joint statement Friday, adding they will support each other while not interfering in each other’s ...
For decades, Saudi Arabia's economy has been defined by its abundant oil reserves. But with a plan known as Vision 2030, Saudi Arabia is trying to pivot away from that economic base.