Oil markets have remained remarkably resilient so far this year, despite concerns over U.S. President Donald Trump's trade ...

RIYADH (Reuters) -Inflation in Saudi Arabia accelerated to 2.3% in June compared to the same month last year and was also up ...

Former U.S. President Donald Trump’s energy policy pressures Saudi Arabia to keep oil prices within a tight range. With Saudi Arabia’s fiscal breakeven at ~$90 Brent, Aramco is facing financial strain ...

Saudi Arabia Faces Oil Price Dilemma By Tsvetana Paraskova - Apr 01, 2025, 7:00 PM CDT. In its 2025 Budget Statement, Saudi Arabia expects a deficit of $27 billion.

Oil prices surged after Saudi Arabia and some other oil producers announced they're reducing their oil output. That will send gas prices higher – and benefit energy companies in America.

Saudi Arabia, the world's biggest oil exporter, may raise its August crude oil prices for buyers in Asia to the highest in ...

Saudi Arabia is poised to increase its crude oil exports to China, reaching their highest level in over two years. The move ...

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 ...

Yet soon after the world went into lockdown, Saudi Arabia and Russia initiated an oil price war. It was widely received as a spectacular blunder, but my colleagues and I at Kayrros suspected there ...

Saudi Arabia will need a higher oil price than previously thought this year as the OPEC+ leader spearheads the group’s production cuts, according to the International Monetary Fund.

Saudi Arabia, the de facto leader of OPEC, has been trying to keep oil above $100 per barrel by pushing for member states to cut production. But with international crude hovering below the $80 ...

On Thursday, the Saudi state-owned Saudi Aramco oil corporation announced it would up production to 13 million barrels per day—a record high—to turn the screws further on Russia.