Business activity in the non-oil private sectors of the UAE and Saudi Arabia continued to strengthen in October, with the ...
Saudi Aramco’s Q3 profit fell 15.4% to $27.6 billion due to lower oil prices, yet it maintained a $31.1 billion dividend, ...
RIYADH — Saudi Arabia and seven other OPEC+ countries decided to extend additional voluntary cuts of 2.2 million barrels per day (bpd) for one more month until the end of December 2024. The OPEC ...
The oil company said lower oil prices and refining margins pushed down profit, adding it plans to pay dividends of $31.05 ...
Saudi Arabia, which leads the group, appears wary of unsettling markets just before the U.S. presidential election on Tuesday ...
Top oil exporter Saudi Arabia has cut the price for the flagship Arab light crude it sells to Asia in December by ...
Saudi oil giant Aramco and Abu Dhabi’s ADNOC plan to expand their downstream businesses, especially in Asia, to lock in ...
The cartel of oil-producing countries expanded to include Russia, and it postponed plans for the return to increased crude production by another month. The decision to delay caused prices to rise.