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

The oil-price crash is set to have far-reaching consequences for Saudi Arabia’s finances and vast economic ambitions.

Saudi Arabia, with its wealth linked inextricably to oil revenue, faces mounting pressure to raise debt or cut spending after ...

Saudi Arabia cut the official selling prices for its oil sharply ahead of a production boost set for next month. The sharpest cut was made for the price of oil sold in Asia, with flagship Arab ...

March 28, 2025 Saudi Arabia may cut May oil prices for Asia to three-month low Top oil exporter Saudi Arabia may lower its crude prices for Asian buyers in May to a three-month low, tracking the ...

Crude oil production costs in Saudi Arabia increased by around 11 percent in 2024 but they remained among the world’s lowest costs. Saudi Aramco’s figures published by the Saudi daily Aliqtisadia on ...

SINGAPORE (Reuters) -Saudi Arabia, the world's top oil exporter, on Sunday slashed its prices for Asian buyers to close to their lowest level in four years, adding to speculation it is seeking to ...

Saudi Arabia’s non-oil private sector activity grew rapidly in March with new orders boosted by lower prices and improved economic conditions, although the rate of growth slowed from January’s ...

Oil plummeted as trade risks increased and Saudi Arabia slashed its flagship crude price by the most in more than two years. Bloomberg Middle East Energy Markets reporter Anthony Di Paola joined ...

(Reuters) - Global ratings agency S&P raised Saudi Arabia's rating to 'A+' from 'A ... Fitch also anticipates that current sensitivity to oil prices will weaken fiscal and external imbalances ...

SINGAPORE: Saudi Arabia, the world's top oil exporter, on Sunday slashed crude oil prices for Asian buyers in May to their lowest in four months, following a recent shock decision by the OPEC+ oil ...