Saudi Arabia is expected to burn more crude oil for power generation this summer than last as it ramps up output after OPEC+ ...

Saudi Arabia is always ready for multiple oil price scenarios, and budgets are driven by priorities, the country’s economy ...

OPEC+ output hikes, however, also come as the best quality shale areas in the biggest U.S. oilfield, the Permian, have been ...

Trump loves cheap oil and high-dollar deals. His trip to Saudi Arabia is putting the two on a collision course.

Saudi Arabia is prioritizing long-term oil market stability over short-term gains, preparing for lower prices even as it ...

Saudi Arabia’s state-owned oil giant Aramco posted first-quarter profits of $26 billion, down 4.6% from the prior year.

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 ...

President Donald Trump’s affinity for grand economic agreements is well-documented, rivaled perhaps only by his preference ...

Saudi Arabia needs oil at more than $90 a barrel to balance its budget, the International Monetary Fund estimates. Goldman ...

DUBAI, United Arab Emirates — Saudi Arabia’s state-owned oil giant Aramco posted first-quarter profits of $26 billion on Sunday, down 4.6% from the prior year as falling global oil prices ...

Oil barely garnered a mention from U.S. President Donald Trump during his glitzy visit to Saudi Arabia this week. But the ...

Saudi Oil Giant Aramco Announces First-Quarter Profits of $26 Billion, Down 4.6% From a Year Earlier DUBAI, United Arab Emirates (AP) — Saudi Arabia’s state-owned oil giant Aramco posted first ...