Saudi oil giant Aramco expects oil demand to remain resilient this year and sees further upside if the US and China ...

The oil concession granted to Socal laid the foundation for a development boom and long-term economic transformation, setting ...

RIYADH, April 9 (Xinhua) -- Saudi Arabia announced on Wednesday the discovery of 14 new oil and natural gas fields and reservoirs in the Eastern Province and the Empty Quarter desert region.

The oil market appears to be telling Saudi Arabia that its shift to pumping more oil after five years of cutting output was ...

Markets should prepare for a sharp downturn in the oil price, analysts with a satellite oil-tracking firm write in a guest ...

The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...

Saudi Aramco ( ARMCO) posted a 4.6% drop in first-quarter net profit as weaker crude prices continued to weigh on the ...

LONDON, May 6 (Reuters) - Saudi Arabia has signalled it is willing to enter a painful price war to assert dominance over other oil producers, but worsening global economic conditions mean the ...

DUBAI, United Arab Emirates (AP) — Saudi Arabia’s state-owned oil giant Aramco posted first-quarter profits of $26 billion on Sunday, down 4.6% from the prior year as falling global oil prices ...

Regional spokesman for the US Department of State Samuel Warburg said that US President Donald Trump’s visit to Saudi Arabia ...

Oil prices dropped Monday, as the Organization of the Petroleum Exporting Countries and its allies agreed to boost output ...