Arabia

The current year will be pivotal for Saudi Arabia, as the Kingdom is well positioned to confront a more challenging environment marked by lower oil prices and higher financing needs, said two officials from the International Monetary Fund (IMF).   Amine Mati, Assistant Director, and Yvonne Rawlinson, officials from the IMF’s Middle East and Central […]

Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Premium Content By Alex Kimani – Oct 30, 2025, 3:00 PM CDT Saudi Arabia and UAE are racing to dominate the Middle East’s AI landscape. The Gulf States are pouring tens of billions into data centers, cloud infrastructure,

Saudi Arabia, the world’s biggest oil exporter, cut its July prices for Asian crude buyers to close to the lowest level in four years on Wednesday, in what the market sees as the country’s attempt to regain market share. Saudi Arabia has pushed OPEC+ this year to raise its output targets ahead of schedule. OPEC+

Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info By Tsvetana Paraskova – May 29, 2025, 8:20 AM CDT Saudi Arabia will review its spending priorities after the oil price decline, and will consider whether to delay or accelerate

Oil refiners expect Saudi Arabia may cut its crude prices for Asian buyers in July to the lowest in six months. They base their expectations on tracking losses in benchmark prices driven by rising supply from OPEC+. The July official selling price (OSP) for flagship Arab Light crude may drop by 40 to 50 cents

Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – May 11, 2025, 4:00 PM CDT Saudi Arabia faces fiscal strain as Brent crude prices remain below the ~$90–96/bbl needed to balance its budget, with a

Charles Kennedy Charles is a writer for Oilprice.com More Info By Charles Kennedy – Nov 01, 2024, 3:26 AM CDT Saudi Arabia may reduce the official selling prices for most of its oil grades for Asian buyers next month, Reuters has reported, citing sources from the refining industry. Based on a poll conducted among six

Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Oct 29, 2024, 5:00 PM CDT Bloomberg: the Private Investment Fund of Saudi Arabia had issued a total of $50 billion in bonds this year. According

Saudi Arabia raised its main oil prices for buyers in Asia amid heightened volatility in the crude market as traders watch developments in the Middle East conflict. State producer Saudi Aramco increased the official selling price of its main Arab Light crude grade by 90 cents to a premium of $2.20 a barrel against the

Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info By Julianne Geiger – Sep 06, 2024, 11:08 AM CDT Saudi Arabia’s state-run oil company has cut its October pricing for its Arab Light crude oil for Asian buyers, according to