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

Finance Minister Mohammed Al-Jadaan stated that non-oil activities accounted for 52% of Saudi Arabia’s real GDP in the third quarter of 2024, driven by private sector investment and exports.He also ...

Mohammed bin Zayed Al Nahyan visited Russia several times during the war, saying during his last visit in October 2024 that ...

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

Top oil exporter Saudi Arabia may raise crude prices for Asian buyers in March to their highest in more than a year after ...

The expanded effort is part of what the company’s CEO described as ‘the world’s largest single-jurisdiction exploration ...

However, senior Russian officials have visited both Saudi Arabia and the UAE in recent weeks, according to the Russian ...

Saudi Arabia is expected to significantly raise its official selling prices for crude oil to Asia in March due to tightening ...

Saudi Arabia​'s crown prince told President Trump in a call that the kingdom intends to invest $600 billion in the U.S. over ...

The price tag for Saudi Arabia’s ambitious plans runs into the trillions of dollars if fully built, far more than the country’s $1 trillion wealth fund. The U.K., Italy and Japan have already ...

Senior Russian officials have visited both Saudi Arabia and the UAE in recent weeks. Read more at straitstimes.com.

Chris Murphy and other Democrats are calling for changes in U.S. ties to Saudi Arabia after OPEC+ decided to significantly cut oil production later this year President Joe Biden said Friday he ...