Oil-dependent governments are coming under pressure from the lowest crude prices since the COVID-19 pandemic, with officials ...

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

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

Saudi Arabia is still dependent on oil revenues, so weak crude prices may make it harder to fund its ambitious ventures such ...

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

Saudi Arabia has significantly reduced its official selling prices for oil, particularly for Asian markets, in response to ...

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 ...

DUBAI (Reuters) - Saudi Arabia, with its wealth linked inextricably to oil revenue, faces mounting pressure to raise debt or ...

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

The Tesla electric vehicle company owned by billionaire Elon Musk on Thursday opened its first showrooms in oil-rich Saudi ...

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 ...