Donald Trump cannot drag the US into another war ahead of an election and Iran is suffering from a crumbling economy and an increasingly frustrated populace.
Saudi Arabia's energy minister said that more than half of its daily crude oil production that was knocked out by a weekend attack had been restored.
One of the kingdom’s most significant oil facilities has been targeted. Here's what the experts say about it.
The Saudis might be considering Japan as a venue to go public with the world's most profitable company, and reap the benefits of the lower political and regulatory liabilities in the country.
Except for Qatar, the oil producing gulf countries are adamant on raising oil prices to fill budget deficits.
Saudi Arabia's ambitious crown prince has intensified his influence at home, and in the region in recent years. However, some of his measures have backfired. Here is the list.
The House of Saud rules the country right now, but if Saudi Arabia wants to keep it that way, it will have to correct its course.
Reports surfaced on Wednesday that four senior industry sources said the oil-rich Kingdom called off both the domestic and international stock listing of the state oil giant.
Saudi Aramco, one of the world’s leading integrated energy and chemicals companies, incorporates five new members into its board including its first woman executive.
The deal to curb output-propelled crude prices above $58 a barrel in January but they have since slipped back to a $45 to $50 range as the effort to drain global inventories has taken longer than expected.
The country is expected to offer a five percent stake in its national oil company, Saudi Aramco, in 2018. The multi-billion dollar sale is predicted to be the world's biggest.
Saudi Arabia names Khalid al Falih as the new energy minister to replace outgoing Ali al Naimi, who had held the post since 1995.
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