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

Pakistan on Monday signed an agreement with the Saudi Fund for Development to defer by one year a $1.2 billion payment on the country's oil imports, the country's prime minister office said. Pakistan' ...

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

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

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

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

A delegation of Saudi Fund for Development (SFD), led by Sultan bin Abdul Rahman Al-Marshad, Chief Executive Officer (CEO) ...

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

MOSCOW. Feb 3 (Interfax) - The OPEC+ Joint Ministerial Monitoring Committee (JMMC), which is co-chaired by Russia and Saudi Arabia, has decided not to change the current oil production policy, OPEC ...

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 ...

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 ...