However, what this country lacks in water, it certainly makes up for it with huge oil reserves. The country in question is Saudi Arabia, one of the richest nations globally. Despite its desert ...

measures that would likely lead to fewer barrels on the market and an increase in oil prices, undermining Trump’s promise to ...

The Biden White House and Saudi Arabia are leveling ... Egypt and United Arab Emirates before attending the Gulf Cooperation Council Summit as he pushed for an increase in oil production.

President Donald Trump claimed the Saudis and OPEC were responsible for fueling the war in Ukraine through higher oil prices. He said the war would end if crude prices were slashed. "I'm also going to ...

ABU DHABI - Saudi Arabia's non-oil business sector expanded at its strongest pace in just over a decade in January, driven by a surge in new orders and robust business activity, a survey showed on ...

RIYADH — Finance Minister Mohammed Al-Jadaan stated that non-oil activities accounted for 52% of Saudi Arabia’s real GDP in the third quarter of 2024, driven by private sector investment and exports.

Top oil exporter Saudi Arabia may raise crude prices for Asian buyers in March to their highest in more than a year after benchmark prices spiked on higher demand from China and India as U.S ...