Oil giant Saudi Aramco reported Sunday earning US$161-billion last year, claiming the highest-ever recorded annual profit by a publicly-listed company and drawing immediate criticism from activists.

(Bloomberg) — Saudi Arabia’s decision to extend its oil production cuts — part of a so far largely unsuccessful bid to raise prices — may trigger an economic contraction in what was the Group of 20’s ...

As Pakistan and Saudi Arabia sign a new defence pact, here's a look at the evolution of India's ties with Saudi Arabia.

DUBAI, United Arab Emirates (AP) — Saudi state-run oil giant Aramco on Monday reported $30 billion in second quarter profit, a nearly 40% decline from the same period the previous year that it ...

Saudi Arabia’s surprise reversal of its oil expansion ambitions was at least six months in the making, said an industry source, after Riyadh concluded its vast spare capacity was enough to supply ...

When Prime Minister Shehbaz Sharif arrived in Riyadh last week to sign a landmark “Strategic Mutual Defence Agreement” with ...

DUBAI, United Arab Emirates (AP) — 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 ...

DUBAI, United Arab Emirates (AP) — Saudi Arabian oil giant Aramco reported third-quarter profits of $27.5 billion on Tuesday, down about 15% from last year as low oil prices ate into its revenues.

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. The value of Saudi Arabia’s oil exports plunged by 15.8% in the second ...

(Bloomberg) -- Artificial intelligence startup Groq Inc. has partnered with oil producer Aramco to build a giant data center in Saudi Arabia that it hopes will become a hub for companies running AI ...

Global oil demand will not peak for some time, Saudi Aramco CEO Amin Nasser said on Monday at the CERAWeek by S&P Global energy conference in Houston. (Andrea Hanks/CERAWeek by S&P Global - image ...

The world’s top crude oil exporter, Saudi Arabia, bets on robust demand in Asia as it raised the prices of its oil loading in September for a second month in a row. The flagship Saudi grade Arab Light ...