Pakistan and Saudi Arabia on Monday signed a deal for $1.2 billion loan to buy oil on deferred payments, bridging the foreign ...

Trump has repeatedly called for lower oil prices, arguing that reducing Russia's oil revenue would force Moscow to end its ...

Saudi Arabia would need oil to be at $90 per barrel in 2025 to balance its budget, according to Capital Economics.

The president says lower prices could solve a range of problems, but finds early resistance in the oil market.

OPEC's total spare capacity is 5.3 million bpd, of which 3.1 million bpd is held by Saudi Arabia, 1.1 million bpd by the UAE, ...

Saudi Arabia's non-oil business sector expanded at its strongest pace in just over a decade in January, driven by a surge in ...

Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...

President Trump's latest round of tariffs will target Canadian energy and oil (CL=F, BZ=F) imports, which could have a ...

Saudi Arabia has approved a memorandum of understanding (MoU) with Pakistan to curb money laundering and terror financing.

Saudi Arabia's economy returned to growth in 2024, with real gross domestic product increasing 1.3% compared to the previous ...

RIYADH — Finance Minister Mohammed Al-Jadaan stated that non-oil activities accounted for 52% of Saudi Arabia’s real GDP in ...