This widening deficit has sparked renewed conversations about Saudi Arabia's economic prospects, as oil revenues remain ...

OPEC+ unexpectedly increased its supply additions for May and June by 411,000 bpd each, contradicting earlier efforts to tighten the market. Saudi Arabia raised oil prices for Asia even as demand ...

Oil prices rose slightly on Monday morning markets following news that the U.S. and China have reached a temporary deal to ...

Saudi Arabia boosts output by up to 2.2M bpd, pressuring oil prices and forcing OPEC+ compliance. Crude oil falls below $60 as increased supply and weak demand weigh on the oil market outlook.

Saudi Arabia is again making news in the oil markets. In a move reminiscent of the disastrous price war of 2015-2016 (see OPEC’s Trillion Dollar Miscalculation), the kingdom has decided to boost ...

Saudi Arabia’s state-owned oil giant Aramco posted first-quarter profits of ... “Global trade dynamics affected energy markets in the first quarter of 2025, with economic uncertainty impacting oil ...

LONDON, May 7 (Reuters) - The oil market appears to be telling Saudi Arabia that its shift to pumping more oil after five years of cutting output was well timed. The kingdom has in recent weeks ...

Investing.com - Crude oil prices have bounced at the start of this week on news of a trade deal between China and the U.S., but are still sharply lower this year, with BCA Research claiming that Saudi ...

Saudi Arabian officials are briefing allies and industry experts to say the kingdom is unwilling to prop up the oil market with further supply cuts and can handle a prolonged period of low prices, ...

Aramco, formally known as the Saudi Arabian Oil Co., had revenues of $108.1 billion over ... “Global trade dynamics affected energy markets in the first quarter of 2025, with economic uncertainty ...

Saudi Arabia's deficit widened to $15.65 billion in Q1 of 2025, driven by an 18% drop in oil revenues. The kingdom's public spending rose, pushing the deficit. Despite increasing non-oil revenues, ...