Saudi Arabia has announced a sharp reduction in its official selling price (OSP) for crude oil destined for Asia in December, an announcement that follows closely on the heels of the OPEC+ decision to ...

Saudi Arabia has recently increased its crude oil production to reclaim market share rather than maintain price stability. This strategic pivot creates ripple effects throughout global energy markets, ...

Saudi Aramco is expected to cut January crude prices for Asia to the lowest premium since 2021 amid ample supply and weakening Middle East benchmarks.

Saudi Arabia has secured 62 market access deals in goods and services since joining the World Trade Organization, alongside 379 rounds of in person and virtual negotiations, and 42 laws and ...

Major Gulf stock markets fell on Sunday on weaker oil prices and profit-taking, with sentiment further pressured by concerns ...

OPEC+ has agreed to further raise oil production beginning in October as leader Saudi Arabia pushes to regain market share, while slowing the pace of increases compared with previous months due to an ...

Saudi Arabia’s grand Vision 2030 ambitions may be colliding with a colder fiscal reality. Fitch Ratings warned Friday that Riyadh faces rising financial risks as oil prices soften and government ...

With the OPEC+ production hikes, Saudi Arabia may have reached its maximum sustained output capacity, setting up for a repeat of the 2008 failure to increase output when called on. Despite what ...

David Fickling is a Bloomberg Opinion columnist covering climate change and energy. Previously, he worked for Bloomberg News, the Wall Street Journal and the Financial Times. You know that horror ...

As Saudi Arabia accelerates its national transformation under Vision 2030, the region’s technology landscape is undergoing a ...

Saudi Arabia has opened the oil spigots. Among the biggest beneficiaries: President Trump. Crude prices have fallen this year as a result of what Riyadh has officially cast as routine oil-market ...