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

Saudi Aramco, Saudi Arabia’s state-owned oil and gas giant, has discovered 14 new oil and gas fields and reservoirs in the ...

Saudi Arabia aims to capitalize on low U.S. tariffs to grow manufacturing and invest heavily in mining to boost non-oil revenue.

Last week’s plunge in oil prices rippled through Middle Eastern markets Sunday, sending benchmark indexes in the region ...

Saudi Arabia slashed its flagship oil price by the most in more than two years, just days after the OPEC+ alliance announced ...

Saudi Arabia is pushing ahead with megaprojects ... "The lower the oil price, or more precisely, the lower is oil revenue — because production also matters — the more pressure there will ...

Dr. Gil FeilerThe Gulf Cooperation Council (GCC), comprising Saudi Arabia, United Arab Emirates, Kuwait, Qatar, Oman, and ...

The OPEC Secretariat received on Wednesday updated compensation plans from Saudi Arabia, Russia, Iraq, the United Arab Em ...

Energy prices are set to be lower under the current US administration than in the prior one, according to US Energy Secretary ...

Saudi Arabia has been an aggressive supporter of production control to balance the market in the last five years since its budget requires oil prices of around $90 per barrel. Thursday's OPEC+ ...

DUBAI (Reuters) -Saudi Arabia, with its wealth linked inextricably to oil revenue, faces mounting pressure to raise debt or cut spending after a plunge in crude prices, complicating plans to fund ...

SINGAPORE (Reuters) -Saudi Arabia, the world's top oil exporter, on Sunday slashed its prices for Asian buyers to close to their lowest level in four years, adding to speculation it is seeking to ...