Saudi Arabia needs oil at more than $90 a barrel to balance its budget. Goldman Sachs this week lowered its Brent crude price ...

Saudi Arabia is still dependent on oil revenues, so weak crude prices may make it harder to fund its ambitious ventures such ...

Saudi Arabia, the world's top oil exporter, on Sunday slashed crude oil prices for Asian buyers in May to their lowest in ...

Saudi oil firm Aramco has discovered 14 oil and natural gas fields and reservoirs in the kingdom's Eastern Region and the ...

Saudi Arabia, with its wealth linked inextricably to oil revenue, faces mounting pressure to raise debt or cut spending after ...

Saudi Defense Minister Prince Khalid bin Salman Al Saud arrived in Tehran on Thursday, in a rare visit for a senior Saudi ...

Saudi Arabia aims to capitalize on low U.S. tariffs to grow manufacturing and invest heavily in mining to boost non-oil ...

Aramco’s prestigious LTA arrangement involves multiple international contractors, which are responsible for carrying out ...

Last week’s plunge in oil prices rippled through Middle Eastern markets Sunday, sending benchmark indexes in the region ...

Future oil prices depend on how quickly the tariff war ends—fast resolution could aid exporters, while delays risk recession ...

Saudi Arabia slashed its flagship oil price by the most in more than two years, just days after the OPEC+ alliance announced ...

Energy prices are set to be lower under the current US administration than in the prior one, according to US Energy Secretary ...