Saudi Arabia's anger at Kazakhstan and other over producing nations was the key driver behind a shock decision by the OPEC+ ...
Wearing a helmet and strapped securely into his four-wheel-drive, Abdelilah al-Rabea tore off across the Saudi desert, ...
Iran and Russia have also been ramping up exports. Energy analysts say Saudi Arabia may have thrown in the towel and switched ...
The Saudi efforts to diversify the oil-reliant economy need a sustained period of healthy oil demand and relatively high oil ...
Saudi Arabia's unexpected decision to increase oil output within the OPEC+ group highlights its frustration with ...
Top oil exporter Saudi Arabia may lower its crude prices for Asian buyers in May to a three-month low, tracking the steep ...
Fears that President Trump’s tariffs could slash global economic growth — and demand for oil — are weighing on the market.
For most of this decade, the OPEC+ alliance has been the world’s most stalwart defender of high oil prices. In just a few ...
The combination of the tariffs and the Saudi-led response dropped Brent crude oil prices down to just $65.58 a barrel.
Saudi Arabia is set to significantly reduce its crude oil prices for Asian buyers in May, driven by falling regional ...
Saudi Arabia’s non-oil exports continued their upward trajectory, reflecting the Kingdom’s ongoing efforts to diversify its economy. According to data from the General Authority for Statistics (GASTAT ...
The discovery supports Saudi Arabia's Vision 2030 strategy, which focuses on reducing the nation's heavy reliance on oil by ...