Saudi Arabia is cutting oil prices for buyers in Asia, its largest market, as OPEC+ begins to ease restrictions on production ...

Global oil demand will hit a record this year as Asian countries, particularly China and India, continue to expand ...

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Saudi Aramco is considering a potential offer for lubricant assets being sold by BP Plc, as the Middle Eastern company pushes for acquisitions that deepen its reach in oil consuming countries ...

Saudi Aramco and Algeria's Sonatrach have cut March's official selling prices (OSPs) for liquefied petroleum gas (LPG) by 0.9 ...

Saudi state oil producer Aramco reported a decline in net profit in 2024 and warned of a dividend cut. Lower oil prices hit ...

Profits fell on lower revenues primarily attributable to lower prices Saudi Aramco's net profits dropped 12.39 percent to $106.25 billion in 2024, the world's biggest oil exporter said on Tuesday ...

Aramco said that its spare capacity provides flexibility to help meet potential oil demand growth. “If called upon, utilising one million barrels per day of existing spare capacity could generate an ...

Saudi Aramco’s net profits dropped 12.39 per cent to US$106.25 billion in 2024, the world’s biggest oil exporter said on Tuesday (Mar 4), following a year of lower prices and output cuts. Profits fell ...

Stock markets in the Gulf ended mixed on Tuesday as new U.S. tariffs threatened to escalate global trade tensions, while ...

Saudi Arabia’s state-owned oil giant Aramco has reported a 106.25 billion-dollar profit (£83 billion) in 2024, down 12% from the previous year as lower energy prices now squeeze the kingdom’s ...

(Bloomberg) -- Saudi Arabia is cutting oil prices for buyers in Asia, its largest market, as OPEC+ begins to ease restrictions on production. State producer Saudi Aramco will lower the price for ...