Saudi Arabia, Russia and six other key OPEC+ members announced on Saturday a huge increase in crude production for ...

To fill in the deficit gap, Saudi Arabia will issue more debt this year. The Saudi efforts to diversify the oil-reliant economy need a sustained period of healthy oil demand and relatively high ...

Saudi Arabia, the world’s largest oil exporter, has lowered its crude oil prices for Asian buyers to the lowest level in four months, just days after a surprise move by OPEC+ to boost production.

(Bloomberg) -- Oil traders expect Saudi Arabia to steer OPEC+ to agree on another supply surge next week as the kingdom continues its campaign to discipline the cartel’s errant members.

Bloomberg News was first to report about Aramco's interest in Castrol on Wednesday, which comes a day after the Saudi oil giant reported a drop in its annual profit and signalled it will slash its ...

DUBAI, United Arab Emirates (AP) — Saudi Arabia’s state-owned oil giant Aramco posted first-quarter profits of $26 billion on Sunday, down 4.6% from the prior year as falling global oil prices ...