Saudi Arabia boosts output by up to 2.2M bpd, pressuring oil prices and forcing OPEC+ compliance. Crude oil falls below $60 as increased supply and weak demand weigh on the oil market outlook.

Niusha Shafiabady does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations ...

President Donald Trump closed out his time in Saudi Arabia with a familiar tune, though its presence playing in the conservative Gulf nation has raised some eyebrows. As is typical at the end of ...

RIYADH, Saudi Arabia — President Trump called on Saudi Arabia to recognize Israel during a speech to the oil-rich kingdom’s leaders on Tuesday — saying “you’ll be greatly honoring me ...

RIYADH, Saudi Arabia, May 13, 2025 (GLOBE NEWSWIRE) -- NVIDIA and the Kingdom of Saudi Arabia (KSA) today announced partnerships to transform the country into a global powerhouse in AI ...

Languages: English. You can reach Shane by emailing s.croucher@newsweek.com When U.S. President Donald Trump landed in Riyadh, Saudi Arabia, on Tuesday morning to kick off a four-day tour of the ...

Saudi Arabia has rapidly emerged as a regional leader in healthcare innovation, earning international recognition for its effective COVID-19 response, investments in digital health infrastructure ...

Jeddah: Saudi Arabia Railways (SAR) will provide nearly two million seats for pilgrims traveling via the Haramain High-Speed Railway as part of its operational plan for the 1446 AH Hajj season—an ...

Saudi Arabia is again making news in the oil markets. In a move reminiscent of the disastrous price war of 2015-2016 (see OPEC’s Trillion Dollar Miscalculation), the kingdom has decided to boost ...

Saudi Arabia's budget deficit hit $15.6 billion in the first quarter of 2025, more than half its forecast for the entire year, even before oil prices significantly dropped. The Q1 deficit stemmed ...

Also Read: Saudi Arabia increases Mecca housing capacity to 1.8 million for Hajj pilgrims The Haramain High-Speed Railway, powered by 35 electric trains reaching speeds of 300 km/h, will ferry ...

Oil prices have sunk and foreign investors are not buying into Saudi Arabia’s grandiose megaprojects, but the kingdom doesn’t appear to be sweating it. In fact, Saudi Arabia is telling oil ...