News

The oil market appears to be telling Saudi Arabia that its shift to pumping more oil after five years of cutting output was ...
Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...
This widening deficit has sparked renewed conversations about Saudi Arabia's economic prospects, as oil revenues remain ...
Saudi Arabia and the United States are discussing a deal to cooperate on the kingdom's ambitions to develop a civil nuclear ...
The United States is no longer demanding Saudi Arabia normalise ties with Israel as a condition for progress on civil nuclear ...
Saudi Arabia has held off formally joining the BRICS bloc of nations despite attending a meeting in Brazil last week, two ...
Saudi Arabia’s influence in the region and with Mr Trump means that MBS could yet do more. His country has already hosted ...
The OPEC+ oil cartel, which is de facto led by Riyadh, has increased production—causing barrel prices to hit a four-year low.
Petroleum exports accounted for over 70% of outbound trade in February, with Asia leading the charge as the Kingdom's top ...
By bnm Tehran bureau Iran has remained ahead of Saudi Arabia as the country with the world's cheapest gasoline, with prices ...