A BlackRock Inc.-led group signed an $11 billion lease deal involving Saudi Aramco natural gas facilities as the state ...

Saudi Arabia’s sovereign wealth fund cut the value of major projects on its books by $8bn last year, highlighting the ...

Qatar, Saudi Arabia, the United Arab Emirates (UAE), Oman, Bahrain, and Kuwait are repositioning itself from an oil-centric ...

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

Strong summer demand for driving fuels has provided some support to markets, but IEA data indicates inventories are already tipping into oversupply, with world oil stocks reaching a 46-month high in ...

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 ...

IEA Lifts Global Oil Supply Forecast, Signaling Bigger Surplus Ahead Global oil markets are poised for a larger surplus than previously expected this year, with supply set to grow more than three ...

Oil inventories will accumulate at a rate of 2.96 million barrels a day, surpassing even the average buildup during the ...

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

A comprehensive estimate of how much Trump and his family are making, from hotel mega-deals to crypto schemes, has been ...

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