While Saudi Arabia and its allies may be considering all possible means to end the slump in oil prices, the options available to them are scarce. The biggest...
It was supposed to be a six-month fling, but Saudi Arabia and Russia have instead signed up for eternity. Complete with poem and celebratory badges, Moscow...
After being shunned by Wall Street and international investors last year, Saudi Arabia made a historic comeback Tuesday as oil giant Aramco received more than...
It was a state secret and the source of a kingdom’s riches. It was so important that U.S. military planners once debated how to seize it by force. For oil...
Saudi Aramco could issue its first international bonds as early as next week for about $10 billion to help fund the acquisition of petrochemicals giant Sabic,...
Four months ago, Saudi Arabia’s devotion to its decades-old oil partnership with the U.S. was stronger than ever. President Donald Trump was poised to...
As Davos delegates walk to their meetings, they’re overlooked by the largest billboard in town. The message mixes confidence and defiance: “Invest Saudi: The...
OPEC finally broke an impasse over production curbs, agreeing on a larger-than-expected cut with allies after two days of fractious negotiations in Vienna....
The wind changed again in a stormy oil market as OPEC signaled it will consider a return to cutting output next year, potentially making the second production...
For the first time since Saddam Hussein invaded Kuwait in 1990, Saudi Arabia could face the ultimate petroleum test: pushing its complex network of oil...
Aggressive and undiplomatic, certainly, but also extremely effective. With nearly 50 days to go before new U.S. oil sanctions against Iran enter into force,...
Saudi Arabia has markedly increased oil exports to America, a sign OPEC’s leading producer is responding to pressure from U.S. President Donald Trump to cool...
Saudi Arabia isn’t the first place you’d look for exotically structured mergers and acquisitions, but as oil giant Aramco pursues the kingdom’s biggest-ever...
Saudi Aramco is weighing tapping the international bond market for the first time to finance the acquisition of petrochemical giant Sabic, a move into global...
Saudi Aramco signaled another potential delay for the world’s largest initial public offering after it started talks last week to buy a stake in a local...
Under pressure from U.S. President Donald Trump, Saudi Arabia has rushed to boost oil production – only to discover that global markets might not yet...
OPEC and its allies including Russia will boost oil production starting next month, offering some relief to consumers after Saudi Arabia secured a last-minute...
Since he became Saudi Arabia’s energy minister two years ago, Khalid al-Falih has had a good run: He persuaded a fractious OPEC to cut oil production,...
The first look at the financial guts of Saudi Aramco show a corporate cash gusher, pumping billions in profit every month and beating every other big name in...
Saudi Arabia wants to get oil prices near $80 a barrel to pay for the government’s crowded policy agenda and support the valuation of state energy giant...
The guardian of one of the world’s first oil fortunes, made by striking exploration deals across the Middle East a century ago, said it’s holding talks about...
The crisis unfolding around the Iraqi city of Kirkuk has left some of the world’s largest commodity trading houses worried the country’s autonomous Kurdish...
OPEC sent its strongest signal yet that output cuts will be extended until the end of 2018, saying negotiations are taking their lead from Vladimir Putin’s...
Khalid al-Falih, Saudi Arabia’s energy minister, met in private with some of the world’s top commodity hedge funds in July, taking the unusual step of...
Saudi Arabia is considering a flexible tax system for state-owned oil company Aramco that would increase royalty payments when crude prices rise, according to...