News

Oil markets have remained remarkably resilient so far this year, despite concerns over U.S. President Donald Trump's trade ...
A consortium led by Saudi utilities giant ACWA Power is to invest $8.3bn to build 15 gigawatts of solar and wind farms in the ...
Saudi Arabia has asked consulting firms to conduct a strategic review of its ambitious plans for building a futuristic city known as The Line, according to several people familiar with the matter, as ...
Saudi Arabia's crude oil exports to China are set to rise to the highest in more than two years in August, five trade sources ...
China’s crude oil imports jumped 7.4% year-on-year in June as refiners ramped up purchases from Saudi Arabia and Iran, ...
Saudi Arabia raised crude output far above its OPEC+ quota last month, joining other producers in a rush to export oil out of ...
Oil steadies as IEA warns of surplus, but Saudi exports and summer demand fuel bullish sentiment amid rising geopolitical ...
Saudi Arabia has increased its August Arab Light crude price to Asia by $2.20 per barrel, the highest in four months, driven ...
Oil prices surged after Saudi Arabia and some other oil producers announced they're reducing their oil output. That will send gas prices higher – and benefit energy companies in America.
For decades, Saudi Arabia's economy has been defined by its abundant oil reserves. But with a plan known as Vision 2030, Saudi Arabia is trying to pivot away from that economic base.
Saudi Arabia is a master of the oil game. Our real-time satellite monitoring of oil inventories had shown that the world was rapidly running out of space to store the crude oil that, thanks to the ...
Saudi Arabia’s enormous sway is derived from the belief that it’s the only major oil producer with the firepower to quickly ramp up oil production. That so-called spare capacity gives Saudi ...