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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 ...
Saudi Arabia, the world’s largest oil exporter, has lowered its crude oil prices for Asian buyers to the lowest level in four ...
Saudi Arabia has significantly reduced its official selling prices for oil, particularly for Asian markets, in response to ...
Iran and Russia have also been ramping up exports. Energy analysts say Saudi Arabia may have thrown in the towel and switched ...
Saudi Arabia slashed its flagship oil price by the most in more than two years, just days after the OPEC+ alliance announced ...
Saudi Arabia's anger at Kazakhstan and other over producing nations was the key driver behind a shock decision by the OPEC+ ...
Last week’s plunge in oil prices rippled through Middle Eastern markets Sunday, sending benchmark indexes in the region ...
Investors looking for stable, income-generating assets for their portfolios may focus on large-cap energy stocks like WMB, CVX and KMI.
West Texas Intermediate futures are down 6% this week, touching an almost two-year low of US$65.21 ($87.35) a barrel.
Fears that President Trump’s tariffs could slash global economic growth — and demand for oil — are weighing on the market.
led by Saudi Arabia, said Thursday that they would accelerate their previously planned schedule to gradually add about 2.2 million barrels a day to the oil market. The producers, including Russia ...
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