Weak demand in China will cause Saudi Arabia to reduce crude oil exports to China in December, despite recent price cuts.

The drop in China’s demand came as state oil company Saudi Aramco cut the December official selling prices for all grades of ...

Russia is reportedly considering a plan to merge its top three oil companies — Rosneft, Gazprom Neft, and Lukoil — into a single energy giant that could rival Saudi Aramco, which is currently the ...

Image by alberto clemares expósito via iStock Saudi Arabian Oil Co. (Aramco ... 35 billion “primarily due to lower crude oil ...

Saudi Arabian oil giant Aramco reported a third-quarter profit of $27.5 billion Tuesday, down about 15% from last year as low oil prices ate into its revenues.

Oil giants on both sides of the Atlantic suffered from lower oil prices and weaker refining margins in the quarter.

Saudi Aramco, the world's largest oil producer, is facing a tough financial decision in early 2024: whether to continue funding its massive $31 billion quarterly dividend or risk exacerbating Saudi ...

Saudi oil giant Aramco on Tuesday reported a 15.4% drop in third-quarter profit due to lower crude prices and weaker refining ...

Saudi Arabian oil giant Aramco reported third-quarter profit of $27.5 billion on Nov. 5, down about 15% from last year as low oil prices ate into its revenue.

Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing low oil prices.

Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing low oil prices.