News

Saudi Arabia’s crude exports and production rose sharply in April as OPEC+ accelerated plans to unwind its oil output cuts, ...
OPEC+ jolted markets by announcing it would flood the market with more oil.
Saudi Arabia and Indonesia signed several deals and memorandums of understanding worth around $27 B between private sector institutions in fields including clean energy and petrochemicals, Saudi state ...
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 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.
OPEC oil output rose in June, a Reuters survey found, led by Saudi Arabia after an OPEC+ agreement to raise production, ...
Saudi Arabia, the world's biggest oil exporter, may raise its August crude oil prices for buyers in Asia to the highest in ...
The expansion in Saudi Arabia's non-oil private sector activity accelerated in June, driven by robust client demand and a ...
The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...
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.
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 ...