News

The world's biggest oil exporter Saudi Arabia may cut its crude prices for Asian buyers in July to the lowest in six months, ...
Saudi Arabia may reduce its crude oil prices for Asian buyers due to rising OPEC+ supply and market share competition.
Saudi Arabia has been cranking up oil refining operations to capture strong profit margins, helping the kingdom offset ...
Trump loves cheap oil and high-dollar deals. His trip to Saudi Arabia is putting the two on a collision course.
Oil giant Saudi Aramco has priced its dollar-denominated 3-part bonds at $5 billion and set spread for them, fixed income ...
President Donald Trump’s affinity for grand economic agreements is well-documented, rivaled perhaps only by his preference ...
The decline in oil prices due to the increase in production by OPEC+ countries is aimed not only at punishing allies who ...
Saudi Arabia’s main stock index closed down on Tuesday, reaching its lowest level since April 7 as market sentiment remains ...
For decades, Washington and Riyadh have nurtured close ties based on Saudi Arabia's pivotal role in the oil market and America's strategic interests in the Middle East. This translated into hundreds ...
OPEC+ output hikes, however, also come as the best quality shale areas in the biggest U.S. oilfield, the Permian, have been ...
The 12% monthly increase in refining crude intake in March was 23% above the 10-year average for the same period ...