Saudi Arabia’s state-owned oil giant Aramco posted first-quarter profits of $26 billion on Sunday, down 4.6% from the prior ...

Riyadh may tighten spending or raise taxes, while analysts warn the deficit could exceed $67 billion if Brent averages $62 ...

Saudi Arabia is boosting oil output, pressuring U.S. shale producers and shaking markets. Here's how this move could impact ...

Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...

Back in January, Prince Mohammed said that Saudi Arabia would invest $600bn (£450bn) in the US over the next years. However, ...

The oil market appears to be telling Saudi Arabia that its shift to pumping more oil after five years of cutting output was ...

Saudi Arabia has signalled it is willing to enter a painful price war to assert dominance over other oil producers, but ...

Saudi Arabia has increased the price of its flagship crude grade loading for Asia in June, even as OPEC+ decided to continue ...

Experts often talk about the oil price Saudi Arabia needs to balance its budget, but it has time and space to rely on debt, ...

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, the kingpin of OPEC+ seems prepared to test the oil market as well as cartel members with strong commitment to ...

The OPEC+ oil cartel, which is de facto led by Riyadh, has increased production—causing barrel prices to hit a four-year low.