Saudi Arabia needs oil at more than $90 a barrel to balance its budget. Goldman Sachs this week lowered its Brent crude price ...

Saudi Arabia, with its wealth linked inextricably to oil revenue, faces mounting pressure to raise debt or cut spending after ...

Saudi Arabia, the world’s largest oil exporter, has lowered its crude oil prices for Asian buyers to the lowest level in four ...

Saudi Arabia aims to capitalize on low U.S. tariffs to grow manufacturing and invest heavily in mining to boost non-oil ...

SINGAPORE (Reuters) -Saudi Arabia, the world's top oil exporter, on Sunday slashed crude oil prices for Asian buyers in May ...

Future oil prices depend on how quickly the tariff war ends—fast resolution could aid exporters, while delays risk recession ...

Saudi Arabia slashed its flagship oil price by the most in more than two years, just days after the OPEC+ alliance announced ...

President Donald Trump's global trade war has created tumult in the oil market that Saudi Arabia did not seek, but can turn ...

Saudi Arabia is pushing ahead with megaprojects such as The Line in Neom. The kingdom's economy is still heavily dependent on oil revenues, but prices have been sliding. A big decline in oil ...

Dr. Gil FeilerThe Gulf Cooperation Council (GCC), comprising Saudi Arabia, United Arab Emirates, Kuwait, Qatar, Oman, and ...

Yousef Husseini, Director Chemicals at EFG Hermes, said Saudi Arabia's petrochemicals sector faces major challenges due to ...

SINGAPORE (Reuters) -Saudi Arabia, the world's top oil exporter, on Sunday slashed its prices for Asian buyers to close to their lowest level in four years, adding to speculation it is seeking to ...