News

Saudi oil firm Aramco has discovered 14 oil and natural gas fields and reservoirs in the kingdom's Eastern Region and the ...
The agreements are shaping up to be very similar. But Gulf support for a nuclear deal shows how much the region has changed.
Saudi Arabia needs oil at more than $90 a barrel to balance its budget. Goldman Sachs this week lowered its Brent crude price ...
DUBAI (Reuters) -Saudi Arabia, with its wealth linked inextricably to oil revenue, faces mounting pressure to raise debt or ...
Saudi Arabia aims to capitalize on low U.S. tariffs to grow manufacturing and invest heavily in mining to boost non-oil ...
President Donald Trump's global trade war has created tumult in the oil market that Saudi Arabia did not seek, but can turn ...
Saudi Defense Minister Prince Khalid bin Salman Al Saud arrived in Tehran on Thursday, in a rare visit for a senior Saudi ...
Saudi Arabia has been pouring billions of dollars into the electric vehicle industry in the past few years. It has even been working on its own brand of EV called Ceer. Just this month, Tesla began ...
PM Modi is expected to meet Crown Prince Mohammed bin Salman in Jeddah. His visit comes ahead of US President Donald Trump’s ...
In a major boost to its upstream ambitions, Saudi Arabia has announced the discovery of 14 new oil and gas fields and ...
Additionally, over the weekend, Saudi Arabia c ut its crude export prices to its Asian buyers by $2.30 per barrel for May, ...
Crashing oil prices triggered by waning demand, global trade war fears and growing crude supply could more than double Saudi Arabia's budget deficit, a Goldman Sachs economist warned. The bank's ...