Riyadh: Saudi Arabia is constructing a 400-meter-tall golden cube-shaped building in its capital Riyadh. It is named ‘The ...

A meeting of top OPEC+ ministers on Saturday is expected to make no new changes to oil ouptut policy, two delegates told ...

The initial 10% "baseline" tariff took effect at US seaports, airports and customs warehouses at 12:01 am ET (0401 GMT), ushering in Trump's full rejection of the post-World War Two system of mutually ...

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

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

For most of this decade, the OPEC+ alliance has been the world’s most stalwart defender of high oil prices. In just a few ...

Saudi Arabia's anger at Kazakhstan and other over producing nations was the key driver behind a shock decision by the OPEC+ ...

Oil prices are falling to their lowest close since 2021 as eight countries including Saudi Arabia and Russia surprised market ...

The surprising decision of OPEC+ to increase oil production by a hefty amount for May leaves the market better supplied over ...

Saudi oil giant Aramco recently announced a steep drop in full-year income, with net profit falling to $106.2 billion in 2024 ...

Markets were stunned when OPEC when chose not only to go ahead with its plans to raise oil production, but also to nearly ...

The discovery supports Saudi Arabia's Vision 2030 strategy, which focuses on reducing the nation's heavy reliance on oil by ...