Saudi Arabia has signalled it is willing to enter a painful price war to assert dominance over other oil producers, but ...

Between its own self-interest and the Trump effect on international priorities, the country seems to be backing away from its big plans for economic diversification.

Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. Saudi Arabia faces fiscal strain as Brent crude prices remain below the ~$90–96/bbl ...

Saudi Arabia's strategic pivot is about letting go of the illusion of market control and moving production back up toward ...

Saudi Arabia experienced a substantial $15.6 billion budget deficit in the first quarter of 2025, even before the recent major oil price slump, highlighting increasing fiscal pressure on the nation.

Saudi Arabia's non-oil private sector activity expansion slowed in April as growth in new orders decelerated sharply, even as ...

What is the Saudi factor? To me, it is the ability of Saudi Arabia to use its national wealth to possess and exercise ...

Saudi Arabia and fellow Opec+ nations have already helped their cause with Trump early in his second term by stepping up oil production. Trump sees cheap energy as a key component to lowering ...

Trump loves cheap oil and high-dollar deals. His trip to Saudi Arabia is putting the two on a collision course.

Saudi Arabia is now one of the largest global investors in renewable energy, part of a strategy to ensure a prosperous future when it can no longer depend on its vast oil reserves. From afar ...

With a laundry list of its own costly megaprojects to build and with oil prices well below the level needed to finance its spending, Saudi Arabia is facing a budget deficit that could balloon to ...

Image by Hris via iStock President Trump is visiting Saudi Arabia today, the key OPEC+ player, which has ramped up production to discipline non-compliant members by pressuring oil prices ...