Saudi Arabia and Russia had to reach a difficult compromise on OPEC+ policies on Saturday as Riyadh pushed to accelerate oil output increases while Moscow argued for a pause, four OPEC+ sources ...

Saudi Arabia is a master of the oil game. Our real-time satellite monitoring of oil inventories had shown that the world was rapidly running out of space to store the crude oil that, thanks to the ...

In March, Saudi crude oil exports slumped by 793,000 bpd to 5.754 million bpd, per JODI data. But refined product exports jumped to a record high of 1.58 million bpd, ...

Saudi Arabia wants OPEC+ to continue with accelerated oil supply hikes in the coming months as it puts greater importance on regaining lost market share, according to people familiar with the matter.

Toray Industries Inc has supplied reverse osmosis (RO) membranes to the Shuaibah 3 IWP seawater desalination plant in western ...

UAE lenders' 1.4x forward price-to-book ratio, exceeding Saudi banks' 1.3x, is supported by strong growth and healthy balance sheets, despite rate-cut sensitivity.

State-owned oil company Saudi Arabian Oil Co., known as Aramco, set its official selling price for July loadings of Arab Light to Asia at $1.20 a barrel above the Oman/Dubai average, ...