The state-run oil giant is notoriously opaque. But as it moves forward with going public, prospective investors have been demanding details about how the company is run.
Demand for oil is growing, but barely; it's at the lowest rate in a decade.
For the first time, the conservative kingdom is opening up to tourists from more than 40 countries.
The 14% spike, following a weekend attack on a key Saudi oil production facility, reflects what traders consider a "Gulf premium" based on new oil supply risks.
A look at what a drone strike on oil reserves in Saudi Arabia could mean for consumers.
Russia has leveraged its oil and gas market power to enhance its influence in the Middle East, just as the U.S. is pulling back from the region.
What’s the most profitable company on earth? We’ll give you three guesses. Nope, not Apple. Google? Try again. Exxon Mobil – wrong. It’s the national oil company of Saudi Arabia. Known as Saudi Aramco, it’s the runaway leader, according to new numbers put out by the company. These number are the first since … well, […]
The real action at the oil meeting in Vienna might be in a stairwell.
OPEC oil producing countries are scheduled to meet in Vienna on Thursday to discuss possible production cuts as a way to boost prices. Oil prices have been sliding in recent months. At the recent G-20 meeting, Russian and Saudi Arabian leaders signaled a willingness to work toward cuts, but what might that mean? Click the […]
The price of oil is at its lowest in almost a year. Now officials from Saudi Arabia are suggesting they might cut supply to arrest the falling price. President Donald Trump on Monday said he hopes Saudi Arabia and OPEC don’t do that. It’s all a bit of a test for Saudi Arabia and its […]