Fitch Ratings warned Friday that Riyadh faces rising financial risks as oil prices soften and government spending balloons ...
Saudi Arabia has recently increased its crude oil production to reclaim market share rather than maintain price stability.
The move underscores a broader slowdown in Saudi Arabia’s long-term development plans as softer oil prices and costly ...
Crude prices have fallen this year as Riyadh has raised output, but risks abound for the oil-producing kingdom.
Saudi Arabia kept the price of its main oil grade to Asia unchanged for November, a sign of caution from the world’s biggest ...
Saudi Arabia kept its November oil prices for Asia unchanged, defying refiner expectations, as OPEC+ increased production amidst concerns of an impending market oversupply.
Saudi Arabia, the world's largest oil exporter, kept the November price of its flagship Arab Light crude steady for Asian buyers, as OPEC+ continues to gradually ramp up production.
Most stock markets in the Gulf ended higher on Thursday as investors shifted focus to upcoming corporate earnings ...
It’s the biggest flotilla of oil on the water since 2020, when a price war between Saudi Arabia and Russia flooded the market ...
A major international incident may have a big impact on the U.S., including commuters across Southern California. Drivers may see a slight uptick in gas prices by mid-week after a drone strike over ...
For India, the savings from discounted Russian oil remain modest - under 1% of India's $900bn goods and services import bill ...
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