News

The kingdom has been scaling back large-scale construction and investment projects amid rising costs and lower oil prices ...
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 ...
Statistical Review highlights the US's continued leadership in oil production and consumption, global demand reaching new ...
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 ...
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 ...
Former U.S. President Donald Trump’s energy policy pressures Saudi Arabia to keep oil prices within a tight range. With Saudi Arabia’s fiscal breakeven at ~$90 Brent, Aramco is facing financial strain ...
The market remained cautious, however, as rising Saudi Arabian production and persistent concerns over global trade tensions ...
For much of the last decade, Saudi Arabia's leaders have been trying to wean the country from its dependence on oil. However, ...
Saudi Arabia will allow foreign nationals to buy property in designated zones from January 2026, as part of Vision 2030. The ...