News

Saudi Arabia’s state-owned oil giant Aramco posted first-quarter profits of $26 billion on Sunday, down 4.6% from the prior ...
Opec+’s repeated decisions to boost oil output signal an acceptance by Saudi Arabia that it is unable to push prices higher, ...
Riyadh may tighten spending or raise taxes, while analysts warn the deficit could exceed $67 billion if Brent averages $62 ...
Saudi Arabia has also pledged to invest hundreds of billions in the US over the course of Donald Trump's second term.
Saudi government officials ”haven’t said they’re going to crush the U.S. oil and gas industry, but it's a foregone conclusion,” Sankey said in an interview. Meanwhile, “low oil prices is one of the ...
Donald Trump visits Saudi Arabia this week, 80 years after President Franklin D. Roosevelt laid the foundations of ...
Saudi Arabia is boosting oil output, pressuring U.S. shale producers and shaking markets. Here's how this move could impact ...
In 2024, trade between the two nations reached $32.5 billion, with Saudi Arabia exporting $12.8 billion in goods to the U.S.
Saudi Arabia has signalled it is willing to enter a painful price war to assert dominance over other oil producers, but ...
Riyadh’s latest multibillion-dollar push will bring new focus to Crown Prince Mohammed bin Salman’s tech ambitions ...