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.
Saudi Arabia may cut the price of its flagship Arab Light crude for Asian buyers again in March, potentially pushing it below ...
Saudi Arabia, the world's biggest oil exporter, is expected to set the March price for its flagship Arab Light crude for Asian buyers at a discount for the first time since December 2020 amid ample ...
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 ...
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 ...
The world's largest oil company, Saudi Aramco , has launched a $4-billion four-tranche bond, drawing robust demand from investors for its first foray into global debt markets this year. The ...
(CNN) — Forty-five years ago, Saudi Arabia and its allies cut off oil supplies to the United States over its support for Israel. Oil prices quadrupled, delivering a huge shock to the global economy.
Saudi Arabia has announced plans to begin purchasing Sudanese gold immediately, signalling a strategic shift as the ...
Saudi Arabia is trying to reassure the industrial world that its oil reserves are secure against terrorism, but this weekend-s bloody hostage episode has produced record prices and raised some ...
Following the dramatic seizure of Venezuelan President Nicolás Maduro on January 3, 2026, Trump’s comments about taking control of Venezuela’s oil ...
Manara Minerals Investment Co. has held discussions with traders including Glencore and Mercuria Energy about forming a partnership.