News

Meanwhile, oil bulls are throwing in the towel. Standard Chartered slashed its 2025 Brent forecast by $16 to $61/bbl, citing ...
Saudi Arabia's non-oil private sector activity expansion slowed in April as growth in new orders decelerated sharply, even as ...
The 2014-16 price war largely achieved Riyadh’s goals, reducing global supplies and increasing Saudi Arabia’s control of the ...
Oil prices have dropped over tariffs and tensions within OPEC+. What does that mean for Saudi Arabia’s “giga-projects?” ...
WTI crude oil futures slipped nearly 2% on Monday after OPEC+ announced it will increase production output by 411,000 barrels ...
U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.
The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...
Saudi Arabia has increased the price of its flagship crude grade loading for Asia in June, even as OPEC+ decided to continue ...
State-owned oil giant Saudi Arabian Oil Co., known as Aramco, set its official selling price for June loadings of Arab Light to Asia at $1.40 a barrel over the Oman/Dubai average, from $1.20 a barrel ...
Experts often talk about the oil price Saudi Arabia needs to balance its budget, but it has time and space to rely on debt, ...
RIYADH] Saudi Arabia’s deficit widened significantly to US$15.65 billion in the first quarter of 2025 from US$3.30 billion a ...
The pace of hiring in the UAE and Saudi Arabia rose sharply in April after business activity in their non-oil private sector ...