Saudi Arabia has recently increased its crude oil production to reclaim market share rather than maintain price stability. This strategic pivot creates ripple effects throughout global energy markets, ...

Saudi Aramco is expected to cut January crude prices for Asia to the lowest premium since 2021 amid ample supply and weakening Middle East benchmarks.

“Saudi stocks remain rather unappealing,” said Nenad Dinic, an EM equity strategist at Bank Julius Baer & Co. “First, the ...

China has accelerated purchases of Saudi crude oil for January to the highest volumes in five months, after the world’s top ...

--Brent crude oil is up 0.6% to $63.88 a barrel. --European benchmark gas is down 0.4% to 31.68 euros a megawatt-hour. --Gold futures are up 0.8% to $4,024.10 a troy ounce. --LME three-month copper ...

With the OPEC+ production hikes, Saudi Arabia may have reached its maximum sustained output capacity, setting up for a repeat of the 2008 failure to increase output when called on. Despite what ...

DUBAI (Reuters) -Saudi Arabia's path to fiscal consolidation faces risks, Fitch Ratings said on Friday, as lower oil prices and heavy spending commitments tied to the country's Vision 2030 economic ...

OPEC member Saudi Arabia has slashed its crude oil selling price to Asia for January 2026 to a five-year low amid rising ...

The kingdom is betting that sunshine can power new AI data centers and help boost oil exports. Tesla Megablock Is a 'Game-Changer.' The Stock Is Rising. Tesla recently introduced new Megapack 3 and ...

State-owned oil giant Saudi Aramco set the official selling price for January loadings of its flagship Arab Light crude to Asia at $0.60 a barrel above the Oman/Dubai average, down from $1 in the ...

Oct 5 (Reuters) - Saudi Arabia's non-oil private sector expanded at its fastest pace in six months in September, driven by a surge in new orders and increased output, a survey showed on Sunday. The ...