News

Saudi oil giant Aramco’s first-quarter profits fall nearly 5% amid lower prices
Saudi Arabia’s state-owned oil giant Aramco posted first-quarter profits of $26 billion on Sunday, down 4.6% from the prior ...
OilPrice.com6h
Saudi Arabia Spends Like Oil’s Still at $90
Riyadh may tighten spending or raise taxes, while analysts warn the deficit could exceed $67 billion if Brent averages $62 ...
U.S. presidential visits to Saudi Arabia in good and bad times
Donald Trump visits Saudi Arabia this week, 80 years after President Franklin D. Roosevelt laid the foundations of ...
Saudi Arabia Rekindles Oil Price War: Another Epic Miscalculation?
Saudi Arabia is boosting oil output, pressuring U.S. shale producers and shaking markets. Here's how this move could impact ...
Saudi Arabia Deals a Blow to Russian Economy
The OPEC+ oil cartel, which is de facto led by Riyadh, has increased production—causing barrel prices to hit a four-year low.
The Economist4d
How Saudi Arabia is cranking up the pressure on its OPEC allies
Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...
Oil market 'smile' suggests Saudi Arabia's output shift was well timed
The oil market appears to be telling Saudi Arabia that its shift to pumping more oil after five years of cutting output was ...
Devdiscourse44m
Decades of Diplomatic Dance: U.S. Presidential Visits to Saudi Arabia
A timeline showcasing U.S. presidential visits to Saudi Arabia, dating back to 1945, highlights the evolving diplomatic ...
Saudi Airline Flynas Launches IPO to Raise up to $1.1 Billion
DUBAI (Reuters) - Saudi Arabian budget airline flynas, backed by billionaire Prince Alwaleed Bin Talal, is seeking to raise ...
Cyprus Mail on MSN1d
Saudi Arabia’s non-oil business sector growth eases in April
Saudi Arabia's non-oil private sector activity expansion slowed in April as growth in new orders decelerated sharply, even as ...