Saudi Arabia cut the price of its flagship crude grade to the lowest level in five years, amid persistent signs of a surplus in global oil markets.

Damascus signs agreements to rehabilitate war-damaged oil and gas fields, boost power supplies, and signal the start of a wider reconstruction push .

Saudi Ministry of Energy orders Aramco to maintain oil production at 12 million barrels per day, halting any expansion plans. The move reflects Saudi Arabia's long-term strategy to preserve oil for ...

Saudi Arabia, the world's biggest oil exporter, is expected to lower its January crude price for Asian buyers for a second ...

State-owned Syrian Petroleum Company inks 4 agreements with Saudi companies, according to local media - Anadolu Ajansı ...

Dublin, Nov. 24, 2025 (GLOBE NEWSWIRE) -- The "Saudi Arabia Oil and Gas Midstream Market Forecast Trends - Market Size, Share, Growth Analysis Report (2025-2034)" report has been added to ...

Saudi Arabia's recent oil price cuts are luring some Indian refiners to snap up crude from the kingdom. That comes as Russian crude exports to India plummet, hitting an 11-month low in December.

Saudi Arabia has a superpower. Not only is it the largest exporter of crude oil in the world; its production costs for oil projects are also the lowest in the world, at around just $10 per barrel.

Saudi Arabia approved its state budget for 2026 on Tuesday, forecasting a narrower fiscal deficit as it shifts spending to ...

Any regime change of President Nicolas Maduro could be a game-changer for oil production in Venezuela, U.S. access to ...