The UAE and Saudi Arabia are redirecting some oil exports away from the Strait of Hormuz as the latest Gulf crisis exposes the risks of relying too heavily on a single chokepoint. The shift does not ...

Saudi exports are sliding toward historic lows, with pricing structure now becoming a bigger constraint than trade disruption itself.

At a time when the Iran war is upending energy flows and roiling economies across the world, Saudi Arabia is scoring billions ...

Saudi Arabia is importing more fuel oil for power generation as oil shut-ins reduce associated gas supply during peak summer ...

Saudi Arabia is expected to burn more imported fuel oil for power generation this summer following ​a loss of natural gas ...

Saudi Aramco CEO says the global energy market has lost about 1 billion barrels of oil supply amid the Iran war's disruption to Strait of Hormuz shipping.

FILE – Storage tanks are seen at the North Jeddah bulk plant, an Aramco oil facility, in Jeddah, Saudi Arabia, on March 21, 2021. (AP Photo/Amr Nabil, File) Saudi Arabia... Saudi oil officials said ...

Saudi Arabia has long been seen as the world’s “swing producer,” but analysts argue its true spare production capacity may be far lower than official claims suggest. ast attacks—such as the 2019 ...

Saudi Arabia has posted a sharp rise in its budget deficit amid declining oil revenues due to the effective closure of the Strait of Hormuz. The kingdom’s budget shortfall widened to 125.7 billion ...

The United States produces almost as much oil as Russia and Saudi Arabia combined when measuring the combination of crude oil and natural gas liquids such as butane, ethane and propane — a common way ...

MBS's Vison 2030 project seemed the stuff of science fiction. Now reality has bitten ...

By Enas Alashray, Yomna Ehab and Sheila Dang CAIRO, April 9 (Reuters) - Attacks on Saudi energy facilities have cut the kingdom's oil production capacity by around 600,000 barrels per day and ...