The discovery supports Saudi Arabia’s Vision 2030 strategy, which focuses on reducing the nation's heavy reliance on oil by ...

The Saudi Minister of Oil and Mineral Resources, Ali Bin Ibrahim Al-Nuaimy, revealed that new gas and oil reserves were recently discovered in the eastern region of the Kingdom, reported Al-Hayat ...

Oil diplomacy offers a partial explanation. Along with the US and Russia, Saudi Arabia is one of the world's dominant crude oil producers. In fact, Riyadh was at the forefront of a recent ...

In 1846, the first oil well was drilled in Bibi-Heybat, marking the beginning of industrial oil production in Azerbaijan and ...

March 7 (Reuters) - Saudi Arabia, the world's top oil exporter, on Friday lowered crude oil prices for Asian buyers in April for the first time in three months, in line with market expectations ...

Saudi Aramco ... on Russian oil. While Asia saw price cuts, prices for North America and Europe remained relatively stable, indicating a targeted market adjustment. Saudi Arabia just dialed ...

Why is Christian Science in our name? Our name is about honesty. The Monitor is owned by The Christian Science Church, and we’ve always been transparent about that. The Church publishes the ...

Saudi Arabia, as the world's biggest oil exporter, enjoys bargain-basement gasoline prices, with a litre costing just 2.33 riyals ($0.62).

March 28, 2025 Saudi Arabia may cut May oil prices for Asia to three-month low Top oil exporter Saudi Arabia may lower its crude prices for Asian buyers in May to a three-month low, tracking the ...

The family’s immense wealth is primarily derived from Saudi Arabia’s oil reserves, which are among the largest in the world. Unlike most royal families, whose wealth is often tied to ...

Saudi Arabia, the world's top oil exporter, on Friday lowered crude oil prices for Asian buyers in April for the first time in three months, in line with market expectations and after OPEC+ agreed to ...

Saudi Arabia’s economic power rests on its vast oil reserves, and Mr. Trump has embraced a parallel approach — championing “drill, baby, drill,” rolling back environmental restrictions and ...