Saudi Arabia cut the price of its flagship crude grade to the lowest level in five years, amid persistent signs of a surplus in global oil markets.

State-owned oil giant Saudi Aramco set the official selling price for January loadings of its flagship Arab Light crude to Asia at $0.60 a barrel above the Oman/Dubai average, down from $1 in the ...

Saudi Arabia’s oil use for power generation fell by around 270,000 b/d in mid-2025, signaling early success in its plan to eliminate 1 million b/d of domestic oil consumption by 2030. The Jafurah gas ...

Saudi Arabia’s AlKhorayef Group has started preparations for a potential listing of its oil and gas services subsidiary, ...

CPC Terminal Damage Cuts Kazakh Output. Ukraine's drone strikes on the CPC Terminal in Russia's Black Sea coast have forced ...

Saudi Arabia, the world's biggest oil exporter, is expected to lower its January crude price for Asian buyers for a second ...

Saudi Arabia approved its state budget for 2026 on Tuesday, forecasting a narrower fiscal deficit as it shifts spending to ...

Saudi Arabia has a superpower. Not only is it the largest exporter of crude oil in the world; its production costs for oil projects are also the lowest in the world, at around just $10 per barrel.

From melting cars and snow in the desert to Trump's financial ties to Saudi Arabia, here are the top rumors we've covered ...

A few years ago, it would have been hard to imagine Saudi Arabia — or any Gulf state — owning a piece of a US media giant. Now, it might happen.

Saudi Arabia's non-oil private sector business activity expanded at its fastest rate in 10 months in November, driven by ...