RIYADH: Saudi Arabia is satisfied that oil prices have fallen to a level that does not hamper global growth, Saudi Oil Minister Ali al-Naimi said on...
DUBAI:Saudi Arabia burned record monthly volumes of oil in June and July, official government figures show, contrary to the top crude producer's plan to...
RIYADH: Saudi Arabia’s state energy company said Monday that its dominant role in world oil supply had been altered by large new reserves in North...
DUBAI: High-sulphur gasoil premiums in the Gulf Middle East showed signs of easing as some regional demand waned, and gasoline premiums are likely to come...
KHOBAR, Saudi Arabia: Baker Hughes International is on track to start drilling in Iraq's giant West Qurna oilfield by early 2012, a senior executive at...
DUBAI/KHOBAR, Saudi Arabia: Saudi Arabia has produced just under 9 million barrels per day (bpd) so far in March, but its exports have not risen and spare...