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 ...

The report provides a detailed profile of Saudi Arabian Oil Company in the context of the overall Saudi Arabian Oil Refining Market.Dublin, Jan. 30, 2025 (GLOBE NEWSWIRE) -- The "Oil Refining Industry ...

The price of Saudi Aramco’s flagship Arab Light crude oil was raised by $2.40 per barrel to $3.90 per barrel for March over ...

Donald Trump has a long history of criticising OPEC for high energy costs, which continued shortly after his inauguration. He ...

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 ...

American oil producers and Saudi Arabia are pushing back against U.S. President Donald Trump's call to ramp up oil production ...

Trump is pressuring Saudi Arabia and other OPEC members to expand oil production in order to lower prices. TD Securities' ...

President Trump’s push for increased oil production is meeting resistance from both U.S. shale producers and Saudi Arabia.

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 ...

Saudi Arabia has announced a new joint venture (JV) between Aramco, the world’s largest oil company, and state-owned mining company Ma’aden, marking a significant step in its push to dominate ...

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 ...