OPEC+'s recent decision to fully unwind 2.2 million barrels per day of crude oil output cuts has largely been viewed as a ...

Saudi Arabia currently has more than 230 active drilling rigs operating across the country, according to data released by ...

Saudi Arabia, Russia and six other key members of the OPEC+ alliance are expected to further hike oil production in a meeting ...

Saudi Arabia’s sovereign wealth fund has written down $8 billion in megaproject valuations, including Neom, as budget ...

Chinese refiners are asking for less oil from Saudi Arabia, with the drop possibly pointing to a reshuffle of global flows as ...

This week, state companies Indian Oil Corp. and Bharat Petroleum Corp. secured supplies from the United States, Brazil, and ...

Chinese refiners are asking for less oil from Saudi Arabia, with the drop possibly pointing to a reshuffle of global flows as ...

Rising summer temperatures drove Saudi Arabia to become Russia's largest seaborne fuel oil customer in June, allowing the ...

Saudi Arabia and its oil-producing partners are preparing to approve an additional 548,000 barrels per day of crude ...

Several major oil-producing countries—including the UAE, Iraq, Saudi Arabia, Brazil, and Guyana—are expanding production despite global net-zero goals.

Top oilfield services company SLB reported a lower profit for the second quarter on Friday, as weaker drilling activity in Saudi Arabia and Latin America dragged its international business.