News

Wednesday closed down -2.21 (-3.66%), and June RBOB gasoline (RBM25) closed down -0.0393 (-1.91%). Crude oil and gasoline ...
Standard Chartered warns the price weakness may persist, citing Trump’s tariff policy, rising Kazakh and Iraqi output, and ...
Oil prices have dropped over tariffs and tensions within OPEC+. What does that mean for Saudi Arabia’s “giga-projects?” ...
Saudi Arabian officials are briefing allies and industry experts to say the kingdom is unwilling to prop up the oil market ...
US benchmark WTI crude is down nearly 4% as Saudi Arabia reports emerge that not only can the Saudis sustain today’s low oil prices, but output increases are likely to be announced next week ...
Crude oil closed lower on a Q1 contraction in U.S. economic activity and a report that Saudi Arabia is unwilling to shore up ...
Between its own self-interest and the Trump effect on international priorities, the country seems to be backing away from its ...
The agreements are shaping up to be very similar. But Gulf support for a nuclear deal shows how much the region has changed.
Saudi Defense Minister Prince Khalid bin Salman Al Saud arrived in Tehran on Thursday, in a rare visit for a senior Saudi ...
Saudi Arabia’s non-oil exports rose to an all-time high of 515 billion riyals ($137.29 billion) in 2024, the Saudi Press Agency (SPA) reported, as the kingdom pressed ahead with its economic ...
(Reuters) - Saudi Arabia's non-oil exports reached an all-time high of 515 billion riyals ($137.29 billion) in 2024, the state news agency said on Saturday, as the kingdom continues its push to ...
Of all Middle Eastern economies, Saudi Arabia’s is the “most vulnerable” to low oil prices, James Swanston, Middle East and North Africa Senior Economist at Capital Economics, told CNN.