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Aramco, formally known as the Saudi Arabian Oil Co., had revenues of $108.1 billion over the quarter, the company reported in a filing on Riyadh’s Tadawul stock exchange. The company saw $107.2 ...
Markets should prepare for a sharp downturn in the oil price, analysts with a satellite oil-tracking firm write in a guest ...
Saudi Arabia is boosting oil output, pressuring U.S. shale producers and shaking markets. Here's how this move could impact ...
Oil prices have dropped over tariffs and tensions within OPEC+. What does that mean for Saudi Arabia’s “giga-projects?” ...
Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...
The oil market appears to be telling Saudi Arabia that its shift to pumping more oil after five years of cutting output was ...
Saudi Arabian officials are briefing allies and industry experts to say the kingdom is unwilling to prop up the oil market ...
OPEC+ stunned the oil market by doubling its planned supply increase and raising prices for Asia, sparking speculation about ...
Saudi Arabia has increased the price of its flagship crude grade loading for Asia in June, even as OPEC+ decided to continue ...
Experts often talk about the oil price Saudi Arabia needs to balance its budget, but it has time and space to rely on debt, ...
The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...
The OPEC+ oil cartel, which is de facto led by Riyadh, has increased production—causing barrel prices to hit a four-year low.
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