News

OPEC+ jolted markets by announcing it would flood the market with more oil.
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 ...
OPEC oil output rose in June, a Reuters survey found, led by Saudi Arabia after an OPEC+ agreement to raise production, ...
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 ...
Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in ...
Saudi Arabia, the world's biggest oil exporter, may raise its August crude oil prices for buyers in Asia to the highest in ...
The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...
In this excerpt from Karen Elliott House’s forthcoming biography of Mohammed bin Salman, the future king emerges as a driven, ...
Electric cars account for a tiny proportion of vehicle sales in Saudi Arabia. But the oil-rich kingdom wants to change that ...
Saudi Arabia’s oil exports soared in June as the kingdom tries to claw back market share from other members of the energy ...