Aramco said it expects total dividends for 2025 of $85.4 billion — a significant fall from 2024's total of $124.2 billion. Lower oil prices hit the company's income last year, with net profit falling ...

Not since the early 1980s has Saudi Arabia seemed so powerful. But the kingdom’s dominance of the oil market could prove fleeting, as policymakers grapple with multiple challenges that could slash ...

RIYADH — Saudi Arabia's crude oil exports fell by about 73,000 barrels per day (bpd) in January to 6.073 million bpd, while Saudi crude inventories increased by about 8.153 million bpd to 155.926 ...

Last month, following a collapse in the price of Brent crude to a four-year low, Saudi Arabia and its OPEC-plus partners announced their second consecutive monthly supply hike. Doubtless this will be ...

In its 2025 Budget Statement, Saudi Arabia expects a deficit of $27 billion. To fill in the deficit gap, Saudi Arabia will issue more debt this year. The Saudi efforts to diversify the oil-reliant ...

While oil is still the primary driver of Saudi Arabia's economy, the kingdom is now diversifying its growth drivers into areas such as artificial intelligence, tourism and sports. Saudi ministers told ...

Why is Christian Science in our name? Our name is about honesty. The Monitor is owned by The First Church of Christ, Scientist, and we’ve always been transparent about that. The church publishes the ...

DUBAI, United Arab Emirates — Saudi Arabia’s state-owned oil giant Aramco posted first-quarter profits of $26 billion on Sunday, down 4.6% from the prior year as falling global oil prices undermine ...

SINGAPORE (Reuters) -Saudi Arabia, the world's top oil exporter, on Sunday slashed its prices for Asian buyers to close to their lowest level in four years, adding to speculation it is seeking to ...

About the authors: Antoine Halff is chief analyst of Kayrros, a firm that uses satellite data and AI to monitor oil activity. Jean-Michael Lasry and Pierre-Louis Lions are mathematicians who invented ...