Global benchmark Brent has increased by more than 50% since the conflict started at the end of February Read more at The ...

Saudi Arabia has set the June Arab Light crude oil official selling price to Asia at $15.50 a barrel above the Oman/Dubai ...

International Business Machines and Saudi Aramco said they plan to collaborate on artificial intelligence and other technological development in the industrial sector. The two companies said Tuesday ...

Saudi Arabia's state oil producer Saudi Aramco has held ​official selling prices steady for ‌liquefied petroleum gas in May, ...

The blockade of the Strait of Hormuz is creating an economic split among oil exporters in the Persian Gulf, with Saudi Arabia ...

But it costs the Saudis a fraction to produce theirs, and they can store excess barrels in tankers in the desert, acting as ...

Saudi Aramco faces mounting pressure as falling oil prices and weaker cash flow force a sharp dividend reset for FY2025. Aramco payouts are expected to drop roughly 30% from 2024 levels, creating a ...

Aramco (2222.SE) and IBM (NYSE: IBM) today announced their intended collaboration on opportunities to advance artificial intelligence, agentic AI, automation, material science and other mutually ...

Saudi Aramco extends suspension of LPG shipments from its damaged Juaymah facility through May, tightening global propane and ...

The Ministry of Energy says the East-West pipeline is back to pumping about 7 million barrels per day.

May 5 (Reuters) - Saudi Arabia has set the June Arab Light crude oil official selling price to Asia at $15.50 a barrel above ...