Saudi Aramco has raised $4 billion in its first bond issue of the year, underscoring how prolonged low oil prices are straining both the company’s and the Kingdom’s finances.
Saudi Aramco's CEO dismissed forecasts of a massive oil glut, arguing demand is rising and global stocks are low, even as ...
Saudi Arabia, the world's biggest oil exporter, is expected to set the March price for its flagship Arab Light crude for Asian buyers at a discount for the first time since December 2020 amid ample ...
While oil is still the primary driver of Saudi Arabia's economy, the kingdom is now diversifying its growth drivers into areas such as artificial intelligence, tourism and sports. Saudi ministers told ...
Sept 8 (Reuters) - Saudi Arabia, the world's top oil exporter, cut the official selling price for the Arab Light crude it sells to Asia a day after OPEC+ producers agreed to raise output. The kingdom ...
Following the dramatic seizure of Venezuelan President Nicolás Maduro on January 3, 2026, Trump’s comments about taking control of Venezuela’s oil ...
Saudi Arabia’s national oil company said net profit rose in the third quarter, thanks to higher production and a rise in crude oil prices, and upgraded its growth forecast for gas production capacity.
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Oil Giant Saudi Arabia Is Emerging as a Solar Power
The world’s ultimate petrostate is turning to solar power. Saudi Arabia is building some of the world’s biggest solar farms, along with giant arrays of batteries to store their electricity till after ...
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