A U.S. official stated on Tuesday that U.S. president Donald Trump would restore his "maximum-pressure" campaign against Iran ...
American oil producers and Saudi Arabia are pushing back against U.S. President Donald Trump's call to ramp up oil production ...
The report provides a detailed profile of Saudi Arabian Oil Company in the context of the overall Saudi Arabian Oil Refining Market.Dublin, ...
The International Monetary Fund has lowered its 2025 GDP growth projection for Saudi Arabia to 3.3%, mainly due to extended oil production cuts, it said on Friday in the latest update to its global ...
Extended cuts to oil production among the OPEC+ member states, of which Saudi Arabia is a top member, have continued to weigh on GDP growth in the kingdom. The International Monetary Fund (IMF ...
The president says lower prices could solve a range of problems, but finds early resistance in the oil market.
The world’s top crude oil exporter, Saudi Aramco, is set to announce on Wednesday a push to invest in lithium production and ... Last year, Saudi Arabia’s first electric vehicle (EV) brand ...
In addition, production from Jafurah will bring Saudi Arabia closer to its goal of reducing its dependence on oil for power generation and meeting the growing demand from intensive industries such as ...
Trump is pressuring Saudi Arabia and other OPEC members to expand oil production in order to lower prices. TD Securities' ...
But whether Trump’s remarks will lead to action — especially when it comes to oil production from Saudi Arabia and the Organization of the Petroleum Exporting Countries — remains to be seen.
Saudi Arabia has unveiled a joint venture between the state oil company Aramco and the state ... and electronics. Commercial production is expected by 2027. "We expect that this partnership ...