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 is boosting oil output, pressuring U.S. shale producers and shaking markets. Here's how this move could impact ...

Saudi Arabia experienced a substantial $15.6 billion budget deficit in the first quarter of 2025, even before the recent ...

OPEC+ stunned the oil market by doubling its planned supply increase and raising prices for Asia, sparking speculation about ...

The OPEC+ oil cartel, which is de facto led by Riyadh, has increased production—causing barrel prices to hit a four-year low.

It’s no secret that countries with outsized oil production maintain an advantage over other countries. This typically ...

Saudi Arabia's trade surplus reached USD 12 billion in February 2025, driven by strong oil exports and growing non-oil ...

Experts often talk about the oil price Saudi Arabia needs to balance its budget, but it has time and space to rely on debt, ...

Saudi Arabia’s non-oil private sector activity expansion slowed in April as growth in new orders decelerated sharply, even as ...

Saudi Arabia, the kingpin of OPEC+ seems prepared to test the oil market as well as cartel members with strong commitment to ...

Oil prices slumped on Monday after OPEC+ countries announced a sharp production increase despite oversupply concerns and ...