The US and China have agreed to lower tariffs on each other’s goods for 90 days to ease trade tensions. US tariffs on Chinese imports dropped from 145% to 30%, while Chinese tariffs on US goods were ...

Saudi Arabian Oil Co (SAU:2222) reports a robust net income increase and maintains strategic investments despite economic uncertainties.

Riyadh: Saudi oil giant Aramco expects oil demand to remain resilient this year and sees further upside if the US and China successfully resolve their trade dispute. Washington and Beijing agreed to ...

Saudi Arabian film industry pioneer Faisal Baltyuor has been appointed CEO of the Red Sea Foundation which oversees the ...

Oil futures added to last week's gains as the U.S. and China agreed to slash tariffs for 90 days, but settle off the day's highs as talks on Iran's nuclear program and the Russia-Ukraine war keep open ...

LPGA veteran Kim Hyo-joo rose to No. 7 in the Rolex Women’s World Golf Rankings after her second consecutive victory at the ...

Together, the potential Opec+ hikes in May and June are likely to add up to 400,000 bpd to Aramco’s oil production ...

Humain is expected to be a “multibillion-dollar” venture. Specific numbers were not disclosed, but the Financial Times report ...

Saudi Arabia launched a new state-backed AI company ahead of President Donald’s Trump state visit to the Kingdom.

MOSCOW, May 12. /TASS/. Global oil demand reached a record 104.3 mln barrels per day (bpd) in the Q1 of 2025, marking an increase of 1.7 mln bpd compared to the same period in 2024, President and CEO ...

Oil jumped as much as 4% before paring gains Monday after a US-China trade truce sent the overall stock market and ...