Saudi Arabia and its oil-producing partners are preparing to approve an additional ... implementation of the new production ...

"Saudi Arabia’s renewables plans are overhyped and falling short!" "No, they’re not, they’re transformational and decisive ...

OPEC+'s recent decision to fully unwind 2.2 million barrels per day of crude oil output cuts has largely been viewed as a ...

The impact of Saudi Arabia in the oil market and its adherence to OPEC+ agreements is widely observed by industry professionals and governments all over the world. The open-handedness of the Kingdom ...

DUBAI, United Arab Emirates — Saudi Arabia and Russia agreed Tuesday to extend their voluntary oil production cuts through the end of this year, trimming 1.3 million barrels of crude out of the ...

For several years, Saudi Arabia and Iran have been engaged in proxy wars that had little impact on oil prices. For a good reason: they didn't want to cause any disruptions in the flow of oil from ...

Saudi Arabia recently released a 2015 budget showing a $38.6 billion deficit, its largest ever, projecting a significant decrease in oil-generated revenue.