Saudi oil firm Aramco has discovered 14 oil and natural gas fields and reservoirs in the kingdom's Eastern Region and the ...

Saudi Arabia, with its wealth linked inextricably to oil revenue, faces mounting pressure to raise debt or cut spending after ...

Saudi Arabia, with its wealth linked inextricably to oil revenue, faces mounting pressure to raise debt or cut spending after ...

Saudi Arabia's unexpected decision to increase oil output within the OPEC+ group highlights its frustration with ...

The group led by Saudi Arabia and Russia will add 411,000 barrels a day to the market next month, according to a statement ...

Fears that President Trump’s tariffs could slash global economic growth — and demand for oil — are weighing on the market.

This is the story of one of the most decisive victories in military history - as the United States and her allies crushed the ...

Saudi Arabia, the world’s largest oil exporter, has lowered its crude oil prices for Asian buyers to the lowest level in four months, just days after a surprise move by OPEC+ to boost production.

SINGAPORE (Reuters) -Saudi Arabia, the world's top oil exporter ... recalled past market share battles when OPEC producers competed to sell extra barrels, pushing prices lower.

While diversifying Saudi Arabia’s economy is crucial for sustainable growth, higher revenues would strengthen support for major investment projects. Are OPEC production quotas the main reason ...

Oil prices (CL=F, BZ=F) are down double digits since the start of 2025 as US President Trump's trade war fuels worries about ...

Indeed, over the course of the 2014-2016 Oil Price War, de facto OPEC leader Saudi Arabia spend over 34% of its precious US$737 billion foreign exchange reserves and swung from a budget surplus to ...