Saudi Arabia's shipments of crude oil to its biggest customer, China, are expected to drop in April to their lowest in more ...

The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump ...

The euro strengthened and European stocks rose on Monday after European leaders agreed to draw up a Ukraine peace plan, while ...

Ukraine talks on how to end Russia's war, analysts tell Euronews how Saudi Arabia became a diplomatic heavyweight.

Eight OPEC countries, including Saudi Arabia and Russia, solidify their commitment to oil market stability. They confirmed continuing gradual reduction of voluntary production cuts, aiming for a ...

Oil-exporting states have been under pressure from US President Donald Trump to slash prices, though analysts have said the ...

Image by ClusterX via iStock A statement posted on OPEC’s website on Monday revealed that Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman will start ...

“One way to stop it quickly is for OPEC to stop making so much money ... in the cold after the Khashoggi killing, both Russia and China offered Saudi Arabia and Prince Mohammed the cachet ...

The US President would love nothing more than a diplomatic coup involving the most influential Arab nation, but it's not that ...

Saudi Arabia, a key OPEC member, is well positioned to mediate these talks, given its economic and strategic ties with both Russia and the West. The prospect of a resolution to the war is being ...

Soros Fund Management CEO Dawn Fitzpatrick shares her view on the Ukraine-Russia peace talk and its impact on U.S. economy.

Saudi Arabia is a key member of the Organization of the Petroleum Exporting Countries (OPEC). Due to its influence in areas like energy and geopolitics, it enjoys strong ties with Russia.