the government remains vulnerable to fluctuations in global oil prices, which have a direct impact on its budget. Bloomberg Dubai: Saudi Arabia’s fiscal health faced significant challenges in ...

Saudi government officials ”haven’t said they’re going to crush the U.S. oil and gas industry, but it’s a foregone conclusion ...

Here is a timeline of U.S. presidential visits to Saudi Arabia, the world's biggest oil exporter and one of Washington's most important allies. Sign up here. Roosevelt - 1945: Saudi Arabia's ...

Saudi Arabia’s state-owned oil giant Aramco posted first-quarter ... down from highs of over $80 in the last year. Aramco has a market value of over $1.6 trillion, making it the sixth richest ...

Aramco's first-quarter profits declined by 4.6% to $26 billion due to falling global oil prices, impacting Saudi Arabia's ambitious ... on Riyadh’s Tadawul market on Sunday.Aramco’s shares ...

For the second time in five years, Saudi Arabia, in an apparent act of self-harm, is flooding a weakening, oversupplied market with oil. Brent prices sank to a four-year low on Monday after Riyadh ...

FILE - Saudi Aramco engineers and journalists look at the Hawiyah Natural Gas Liquids Recovery Plant in Hawiyah, in the Eastern Province of Saudi Arabia on June 28, 2021. (AP Photo/Amr Nabil, File ...

Accounting for spending by its sovereign wealth fund, Saudi Arabia needs oil prices at about $108 a barrel for the state to simply break even, said Ziad Daoud, Bloomberg’s chief emerging-market ...

Saudi Arabia, OPEC’s de facto leader, has its own reasons for wanting higher oil production: it wants to regain market share after ... of U.S. tariffs, the impact will be negative,” Jim ...

Aramco has a market value of over $1.6 trillion, making it the sixth richest company behind Microsoft, Apple, NVIDIA, Amazon and Alphabet, the owner of Google. Analysts see the company as a trend ...