The current oil supply crisis shows there is underinvestment in oil refining as demand holds resilient, Saudi state-owned ...

Saudi Arabia's non-oil private sector expanded at the fastest pace in three months in May as domestic demand ​improved and ...

Saudi Arabia cut the price of its main oil grade for Asia next month from a record-high in May, though it remained near ...

RIYADH — Saudi Arabia’s non-oil private sector activity posted growth at its fastest pace in three months during May, signaling a strong recovery from the slowdown recorded in March. Companies ...

Aramco, the world’s largest oil company, reported a 25% jump in first-quarter profits amid tight global oil supplies.

With the OPEC+ production hikes, Saudi Arabia may have reached its maximum sustained output capacity, setting up for a repeat of the 2008 failure to increase output when called on. Despite what ...

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Saudi Arabia's economy has shown resilience in the face of headwinds triggered by the Middle East war thanks in part to energy and logistics.

RIYADH — Saudi Arabia's crude oil exports fell by about 73,000 barrels per day (bpd) in January to 6.073 million bpd, while Saudi crude inventories increased by about 8.153 million bpd to 155.926 ...

OPEC+ is accelerating its oil output increases by adding 411,000 barrels per day in May. Saudi Arabia faces a budget strain, needing $96.20 oil to break even due to Vision 2030 spending. Saudi Arabia ...

Saudi Aramco CEO says the global energy market has lost about 1 billion barrels of oil supply amid the Iran war's disruption to Strait of Hormuz shipping.

ABU DHABI, Feb 2 (Reuters) - Saudi ‌Arabia's economy grew 4.9% year-on-year ‌in the fourth quarter, according to government estimates, bolstered by strong growth in non-oil activities and increased ...