On the 17th of last month (local time), after driving for about 30 minutes from King Fahd International Airport in Damman, ...

In its 2025 Budget Statement, Saudi Arabia expects a deficit of $27 billion. To fill in the deficit gap, Saudi Arabia will issue more debt this year. The Saudi efforts to diversify the oil-reliant ...

Discover everything about the Saudi Riyal (SAR), from its historical origins and fixed USD exchange rate, to its impact on the Kingdom's oil-based economy.

LONDON, May 15 - Oil barely garnered a mention from U.S. President Donald Trump during his glitzy visit to Saudi Arabia this week. But the black gold may explain why the trip went so smoothly. Trump ...

About the authors: Antoine Halff is chief analyst of Kayrros, a firm that uses satellite data and AI to monitor oil activity. Jean-Michael Lasry and Pierre-Louis Lions are mathematicians who invented ...

DUBAI, United Arab Emirates (AP) — Saudi oil giant Aramco reported Tuesday a $26.9 billion profit in the third quarter, down slightly from last year as global energy prices remain depressed over ...