Saudi Arabia, the world’s top oil exporter and a G20 economy, had been expected to see a sharp growth rebound in 2025 on the back of higher crude output, with an October Reuters poll forecasting ...

Saudi Arabia needs oil at more than $90 a barrel to balance its budget. Goldman Sachs this week lowered its Brent crude price forecast for 2025 to $62 a barrel.

New Delhi: Amraco, a Saudi oil company, has found 14 oil and natural gas fields and oil reservoirs in the eastern region and the Empty Quarter of the country. According to a state news agency, SPA ...