The president says lower prices could solve a range of problems, but finds early resistance in the oil market.

Saudi Arabia would need oil to be at $90 per barrel in 2025 to balance its budget, according to Capital Economics.

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

Saudi Arabia's economy returned to growth in 2024, with real gross domestic product increasing 1.3% compared to the previous ...

Trump has had a close relationship with the crown prince, Mohammed Bin Salman, even as his real estate company does major ...

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

Saudi Arabia's General Authority for Statistics said last week that the kingdom's non-oil GDP growth rate was up 4.3% from 2023, while oil activities declined by 4.5%.

The $20bn 650,000 barrels-per-day Lagos-based Dangote Refinery has scored another first as it well positions itself as a global leader in ...

A delegation of Saudi Fund for Development (SFD), led by Sultan bin Abdul Rahman Al-Marshad, Chief Executive Officer (CEO) ...

Saudi Arabia’s economy returned to growth ... Non-oil growth vastly outperformed overall GDP in 2024 as well, increasing 4.3 percent while oil activities declined 4.5 percent and government ...