The kingdom has put at least 206 people to death in 2024. LONDON -- Saudi Arabia is seeking a seat on the United Nations ...

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Saudi Arabia initiated $1.3 trillion in real estate and infrastructure projects to diversify its economy from oil, with over a million residential units. Saudi Arabia has launched $1.3 trillion in ...

Saudi Arabia’s state-run oil company has cut its October pricing for its Arab Light crude oil for Asian buyers, according to a fresh price list released on Friday. Saudi Aramco has cut its Arab ...

Oil prices dropped by more than 4% on Thursday following a news report claiming that Saudi Arabia, the world’s largest oil exporter, is ready to give up its $100 per barrel price target in a ...

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Oil prices slipped on Thursday, reversing earlier gains, on a media report that Saudi Arabia, the world’s top crude exporter, will give up its price target in preparation for raising output.

Saudi Arabia is preparing to abandon its unofficial $100 a barrel oil price target as it gets ready to raise output to win back market share, even if it means lower prices, the Financial Times ...

SINGAPORE - Oil prices dropped on Thursday, reversing earlier gains, as news of top exporter Saudi Arabia giving up its crude oil price target in preparation for expanded production weighed on the ...

Saudi Arabia's oil minister says oil prices could fall as low as $50 per barrel if OPEC+ keeps overproducing, according to a Wall Street Journal report. Prince Abdulaziz bin Salman's forecast ...

Brent crude dropped more than 2pc to less than $72 per barrel on Thursday after reports suggested Saudi Arabia was ready to scrap its $100 price target for crude in preparation for increasing output.