The oil market appears to be telling Saudi Arabia that its shift to pumping more oil after five years of cutting output was ...

Saudi Arabia's strategic pivot is about letting go of the illusion of market control and moving production back up toward ...

Saudi Arabia’s state-owned oil giant Aramco posted first-quarter profits of $26 billion, down 4.6% from the prior year.

Saudi oil giant Aramco , a longtime cash cow for the kingdom, expects oil demand to remain resilient this year and sees ...

the government remains vulnerable to fluctuations in global oil prices, which have a direct impact on its budget. Bloomberg Dubai: Saudi Arabia’s fiscal health faced significant challenges in ...

The S&P 500 climbed 0.72% to close at 5,886.55 on Tuesday (May 13), recovering into positive territory for the year as easing ...

Accounting for spending by its sovereign wealth fund, Saudi Arabia needs oil prices at about $108 a barrel for the state to simply break even, said Ziad Daoud, Bloomberg’s chief emerging-market ...

Saudi Arabia, OPEC’s de facto leader, has its own reasons for wanting higher oil production: it wants to regain market share after ... of U.S. tariffs, the impact will be negative,” Jim ...

Investors eye more trade deals, updates from President Trump’s trip to the Middle East and fresh consumer inflation data ...

For the second time in five years, Saudi Arabia, in an apparent act of self-harm, is flooding a weakening, oversupplied market with oil. Brent prices sank to a four-year low on Monday after Riyadh ...

In a statement, the group gave a straightforward reason for its decision: “healthy market ... oil companies, rather than a state monopoly, dominate production. Saudi Arabia’s game of chicken ...