Saudi Arabia has held off formally joining the BRICS bloc of nations despite attending a meeting in Brazil last week, two ...

Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...

Saudi Arabia’s influence in the region and with Mr Trump means that MBS could yet do more. His country has already hosted ...

The oil market appears to be telling Saudi Arabia that its shift to pumping more oil after five years of cutting output was ...

Saudi Arabia is boosting oil output, pressuring U.S. shale producers and shaking markets. Here's how this move could impact ...

The OPEC+ oil cartel, which is de facto led by Riyadh, has increased production—causing barrel prices to hit a four-year low.

BlackRock Inc.’s Chief Executive Officer Larry Fink, Citigroup Inc.’s Jane Fraser and top bosses of American tech firms will ...

Saudi Arabia is set to discuss a potential agreement with the United States about cooperation in the fields of mining and ...

The United States has given initial approval to sell $3.5 billion worth of air-to-air missiles for Saudi Arabia’s fighter ...

Saudi Arabia experienced a substantial $15.6 billion budget deficit in the first quarter of 2025, even before the recent ...

OPEC+ stunned the oil market by doubling its planned supply increase and raising prices for Asia, sparking speculation about ...

It’s no secret that countries with outsized oil production maintain an advantage over other countries. This typically ...