Saudi Arabia and the United States are discussing a deal to cooperate on the kingdom's ambitions to develop a civil nuclear ...

Markets should prepare for a sharp downturn in the oil price, analysts with a satellite oil-tracking firm write in a guest ...

By bnm Tehran bureau Iran has remained ahead of Saudi Arabia as the country with the world's cheapest gasoline, with prices ...

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

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

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

Saudi Arabia experienced a substantial $15.6 billion budget deficit in the first quarter of 2025, even before the recent major oil price slump, highlighting increasing fiscal pressure on the nation.

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

Saudi Arabia has signalled it is willing to enter a painful price war to assert dominance over other oil producers, but worsening global economic conditions mean the kingdom's standard playbook might ...

Meanwhile, oil bulls are throwing in the towel. Standard Chartered slashed its 2025 Brent forecast by $16 to $61/bbl, citing ...

A flurry of meetings between Saudi Arabia and South Africa over the past year has culminated in discussions about or signed deals worth billions of dollars into Africa’s most industrialized ...

Airbus SE plans to source some metal to manufacture its aircraft from Saudi Arabia as part of a widebody aircraft deal with the kingdom’s flag carrier. The European manufacturer signed a deal on ...