According to the announcement, Arab oil of various grades was found in six fields and two reservoirs, with a total production capacity of 8,126 barrels per day.

The International Monetary Fund on Tuesday lowered its 2025 GDP growth forecast for Saudi Arabia, while flagging headwinds ...

Saudi Arabia has found new reserves and deposits of the highly precious oil and gas, according to the state-run news agency SPA. The SPA further elaborated as it informed that Aramco, the Saudi oil ...

Saudi Arabia aims to capitalize on low U.S. tariffs to grow manufacturing and invest heavily in mining to boost non-oil ...

Saudi Arabia needs oil at more than $90 a barrel to balance its budget. Goldman Sachs this week lowered its Brent crude price forecast for 2025 to $62 a barrel.

In a major boost to its upstream ambitions, Saudi Arabia has announced the discovery of 14 new oil and gas fields and reservoirs across the Eastern Province and the Rub’ al Khali ...

If Saudi Arabia does join the Abraham Accords, it would signal a brave new Middle East, where peace and prosperity between ...

New Delhi: India and Saudi Arabia have agreed to collaborate on establishing two oil refineries in India. The decision was taken during prime minister Narendra Modi's recent visit to Saudi Arabia.

Saudi Arabia's crude exports in February rose to 6.547 million barrels per day (bpd) from 6.073 million bpd in January, official data showed on Tuesday. The world's largest oil exporter's crude output ...

Saudi Arabia-headquartered investment firm The Arab Energy Fund has agreed to provide a $100 million private loan to Chinese ...

Saudi Arabia, the world’s top oil exporter and a G20 economy, had previously been expected to see a sharp growth rebound in ...

Saudi Arabia, the world’s top oil exporter ... Gulf oil exporters are seen as relatively well insulated from oil market volatility thanks to higher reserves, lower debt and ongoing ...