For many years, Saudi Arabia stood as the world’s biggest net exporter of crude oil. What surprises many is that the country also consumed a huge amount of its own oil. Since the early 2000s, its oil ...

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.

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 ...

DUBAI, United Arab Emirates (AP) — Saudi oil giant Aramco reported Tuesday a $26.9 billion profit in the third quarter, down slightly from last year as global energy prices remain depressed over ...

LAUNCESTON, Australia, Aug 14 (Reuters) - OPEC+'s recent decision to fully unwind 2.2 million barrels per day of crude oil output cuts has largely been viewed as a sign the exporter group is pivoting ...

DUBAI, United Arab Emirates -- Saudi oil giant Aramco reported Tuesday a $26.9 billion profit in the third quarter, down slightly from last year as global energy prices remain depressed over concerns ...

Saudi Arabia’s demand for key oil-based power generation fuels fell by an average of 270,000 b/d during June and July. The soft start to the 2025 summer cooling season suggests early progress toward ...

FILE - Storage tanks are seen at the North Jeddah bulk plant, an Aramco oil facility, in Jeddah, Saudi Arabia, on March 21, 2021. (AP Photo/Amr Nabil, File) (Amr ...