Saudi Aramco reported a 5% year-over-year drop in first-quarter net income, posting $26 billion as lower oil prices and ...

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

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 ...

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

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 ...

Oil prices rose about 1.5% to settle at a two-week high on Monday, after the U.S. and China agreed to temporarily slash ...

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 ...

Saudi Arabia launches Humain, a new AI company chaired by Crown Prince Mohammed bin Salman and owned by the PIF, to drive its ...

Saudi oil giant Aramco anticipates steady oil demand, with potential growth if the U.S.-China trade dispute is resolved.

Aramco, the Saudi oil giant and a cash cow of the kingdom for many years, is expecting oil demand to be resilient this year. It ...

Gold futures slid as the U.S. and China agreed to substantially lower tariffs, increasing risk-on sentiment in markets.