Jorge Leon of Rystad Energy told Bloomberg, “OPEC+ has just thrown a bombshell to the oil market. With this move, Saudi Arabia is seeking to punish lack ... to stay informed about the happenings that ...

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 ...

Saudi Aramco's first-quarter net income came in at $26 billion, down from $27.3 billion for the same period last year. The ...

Aramco's first-quarter profits declined by 4.6% to $26 billion due to falling global oil prices, impacting Saudi Arabia's ambitious ... on Riyadh’s Tadawul market on Sunday.Aramco’s shares ...

Saudi Arabia’s state-owned oil giant Aramco posted first-quarter ... down from highs of over $80 in the last year. Aramco has a market value of over $1.6 trillion, making it the sixth richest ...

Trump is in the Middle East for his first major overseas trip of his second term. Deals are high on his agenda.

FILE - Saudi Aramco engineers and journalists look at the Hawiyah Natural Gas Liquids Recovery Plant in Hawiyah, in the Eastern Province of Saudi Arabia on June 28, 2021. (AP Photo/Amr Nabil, File ...

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 ...

LONDON: The oil market appears to be telling Saudi Arabia that its shift to pumping more oil after five years of cutting output was well timed. The kingdom has in recent weeks pushed fellow OPEC+ ...

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 ...

DUBAI, United Arab Emirates — Saudi Arabia’s state-owned oil giant Aramco posted first-quarter profits of $26 billion on Sunday, down 4.6% from the prior year as falling global oil prices ...