Saudi Arabia raises crude oil prices to a four-month high as demand from China surges and domestic energy consumption peaks.

Saudi Arabia reportedly overshot its June oil production quota by 700,000 barrels per day, raising questions about OPEC+ ...

Saudi Arabia raised crude output far above its OPEC+ quota last month, joining other producers in a rush to export oil out of ...

Saudi crude exports to China will reach their highest level in two years in August despite higher prices and rising ...

Saudi Arabia is asking the companies that OPEC uses for independent analysis of oil-production levels to submit a lower figure for the kingdom’s June output, according to people familiar with the ...

Saudi Arabia’s total non-oil trade with GCC hits $4.2bn, driven by booming re-exports and growing ties with UAE, Bahrain, and Oman ...

Saudi Arabia is asking the companies that OPEC uses for independent analysis of oil-production levels to submit a lower ...

The House of Saud is not just a royal family, it is an empire. With an estimated net worth of £1.1 trillion ($1.4 trillion), ...

The non-oil trade surplus of Saudi Arabia with the Gulf Cooperation Council (GCC) countries recorded an annual growth rate of 203.2% to more than SAR2 billion in April. It soared to around SAR3,511 ...

Brent crude futures settled up $1.72, or 2.5 per cent, at $70.36 a barrel. US West Texas Intermediate crude gained $1.88, or ...

OPEC+ increases oil output amid falling prices and inflation relief, raising concerns over climate targets and green energy ...

BRICS members are India, Brazil, Russia, China, South Africa, Saudi Arabia, Egypt, United Arab Emirates, Ethiopia, Indonesia, ...