Riyadh: Saudi oil giant Aramco expects oil demand to remain resilient this year and sees further upside if the US and China successfully resolve their trade dispute. Washington and Beijing agreed to ...

Saudi Arabian film industry pioneer Faisal Baltyuor has been appointed CEO of the Red Sea Foundation which oversees the ...

Oil futures added to last week's gains as the U.S. and China agreed to slash tariffs for 90 days, but settle off the day's highs as talks on Iran's nuclear program and the Russia-Ukraine war keep open ...

Saudi Arabia this week launched HUMAIN, a gigantic new artificial intelligence business funded by the kingdom’s $925 billion ...

Together, the potential Opec+ hikes in May and June are likely to add up to 400,000 bpd to Aramco’s oil production ...

Find insight on oil futures, Enbridge, Aramco and more in the latest Market Talks from the Energy and Utilities sector.

Humain is expected to be a “multibillion-dollar” venture. Specific numbers were not disclosed, but the Financial Times report ...

Saudi Arabia launched a new state-backed AI company ahead of President Donald’s Trump state visit to the Kingdom.

The US and China have agreed to lower tariffs on each other’s goods for 90 days to ease trade tensions. US tariffs on Chinese ...

MOSCOW, May 12. /TASS/. Global oil demand reached a record 104.3 mln barrels per day (bpd) in the Q1 of 2025, marking an increase of 1.7 mln bpd compared to the same period in 2024, President and CEO ...

Oil prices rose about 1.5% to settle at a two-week high on Monday, after the U.S. and China agreed to temporarily slash ...