Saudi Arabia needs oil at more than $90 a barrel to balance its budget. Goldman Sachs this week lowered its Brent crude price ...

Saudi Arabia, with its wealth linked inextricably to oil revenue, faces mounting pressure to raise debt or cut spending after ...

Saudi Arabia aims to capitalize on low U.S. tariffs to grow manufacturing and invest heavily in mining to boost non-oil ...

Saudi Arabia is still dependent on oil revenues, so weak crude prices may make it harder to fund its ambitious ventures such ...

Future oil prices depend on how quickly the tariff war ends—fast resolution could aid exporters, while delays risk recession ...

SINGAPORE (Reuters) -Saudi Arabia, the world's top oil exporter, on Sunday slashed crude oil prices for Asian buyers in May ...

Dr. Gil FeilerThe Gulf Cooperation Council (GCC), comprising Saudi Arabia, United Arab Emirates, Kuwait, Qatar, Oman, and ...

Saudi Arabia slashed its flagship oil price by the most in more than two years, just days after the OPEC+ alliance announced ...

Energy prices are set to be lower under the current US administration than in the prior one, according to US Energy Secretary ...

Oil-dependent governments are coming under pressure from the lowest crude prices since the COVID-19 pandemic, with officials ...

Last September, the Financial Times reported that Saudi Arabia was ready to abandon its unofficial price target of $100 a barrel for crude oil as it prepares to increase output, effectively ...