Discounts on Russian oil have been shrinking and India's crude import basket is well diversified, say Indian oil refiners ...

Saudi Arabia's budget deficit narrowed to 34.534 billion riyals ($9.21 billion) in the second quarter, marking a 41.1% ...

Tenaris is the largest provider of oil country tubular goods, the steel tubing that is used to construct oil and gas wells. It controls nearly half the global OCTG market, providing premium and ...

Saudi Energy Minister Prince Abdulaziz bin Salman and Russian Deputy Prime Minister Alexander Novak held a meeting in Riyadh to discuss recent developments in the global oil market and ongoing ...

Saudi Arabia's economy expanded by nearly 4% in the second quarter, primarily driven by significant growth in non-oil activities and a return to growth in the oil sector.

India's crude oil imports in 2025 reflect shifting global dynamics, with traditional suppliers like Iraq and Saudi Arabia ...

The two sides also discussed preparations for the ninth meeting of the intergovernmental commission, scheduled to take place in Riyadh on November 6, 2025, as well as the state of the oil market and b ...

The Saudi economy expanded for the fifth straight quarter, driven by non-oil growth, the latest government figures showed. GDP expanded 3.9 percent year on year in the second quarter of 2025, up from ...

Goldman Sachs expects OPEC8+ to announce a final 0.55 million barrel per day (mb/d) production increase for September at Sunday's separate gathering of eight OPEC+ members.

S&P Global Ratings has reaffirmed Saudi Arabia’s stable credit outlook, citing resilient banking performance and continued ...