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

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 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 ...

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

PM Modi is expected to meet Crown Prince Mohammed bin Salman in Jeddah. His visit comes ahead of US President Donald Trump’s ...

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

Yousef Husseini, Director Chemicals at EFG Hermes, said Saudi Arabia's petrochemicals sector faces major challenges due to ...

Naseem Akbarzada, Tesla country manager for Saudi Arabia, hailed the start of a 'long-term presence' on Thursday. Meanwhile, ...